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Petersburg Borough |
Per Cent Home Owners | |||||
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| Over 90% | 70 to 90 | 50 to 70 | 30 to 50 | Under 30% | ||
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Overview
The map on the left shows the percentage of home owners in Petersburg Borough. For most households it is the single largest investment that a household can make. Owning a home means ...
- • Building generational wealth
- • Liberation from rental increases
- • Safeguards against inflation
- • Potential tax savings
- • Social, health, and psychological benefits
Base on various studies, neighborhoods with high percentages of owned homes tend to be more stable over time. Thereby creating a better environment for raising children, creating long term relationships and development of a stronger neighborhood (e.g. crime prevention and civic pride)
Sources: STI: PopStats, Circa April 2025
Owner/Renter Comparison
| Data Topic | Petersburg Borough | Alaska | Nation |
| Total Population | 3,382 | 740,247 | 343,250,809 |
Housing | |||
| Owner Occupied | 962 | 178,976 | 84,857,403 |
| Renter Occupied | 400 | 93,104 | 46,440,947 |
| Vacant | 776 | 60,398 | 13,786,062 |
| Total Housing | 2,138 | 332,478 | 145,084,412 |
Per Cent Housing | |||
| Owner Occupied | 45.00 | 53.83 | 58.49 |
| Renter Occupied | 18.71 | 28.00 | 32.01 |
| Vacant | 36.30 | 18.17 | 9.50 |
