Petros, TN Profile: Facts & Data

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Petros, Tennessee - Basic Facts

The Petros CDP(1) had a population of 460 as of July 1, 2023. Petros ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Tennessee. See peer rankings below.

The primary coordinate point for Petros is located at latitude 36.0959 and longitude -84.4424 in Morgan County. The formal boundaries for the Petros Census Designated Place encompass a land area of 3.94 sq. miles and a water area of 0 sq. miles.

The Petros Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Petros Census Designated Place is located within Commissioner District 6, a minor civil division (MCD) of Morgan County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Petros 2023 Demographic Data
  2. Growth Rates for Petros (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Tennessee Research Tools (Easy Tools & Current Data)
  3. Tennessee Data Comparison Tool - 2023 Demographics
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Petros, TN Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 460 (100%)
Population in Households 460 (100.0%)
Population in Families 337 (73.3%)
Population in Group Quarters1 0
Population Density 117
Diversity Index2 12
 
 

INCOME

Median Household Income $37,015
Average Household Income $55,500
% of Income for Mortgage4 15%
Per Capita Income $23,527
Wealth Index5 41
Socioeconomic Status Index6 Low (40.8)
 

HOUSING

Total HU (Housing Units) 215 (100%)
Owner Occupied HU 145 (67.4%)
Renter Occupied HU 50 (23.3%)
Vacant Housing Units 20 ( 9.3%)
Median Home Value $92,347
Average Home Value $141,379
Housing Affordability Index3 166
 

HOUSEHOLDS

Total Households 195
Average Household Size 2.36
Family Households 115
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.07% -0.13%
Households 0.80% 0.00%
Families   0.52%
Median Household Income   2.07%
Per Capita Income   3.68%
Owner Occupied HU   0.00%

Petros, TN - Peer Comparisons by Rank and Percentile

The table below compares Petros to the other 504 incorporated cities, towns and CDPs in Tennessee by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 381 25th
Population Density # 442 13th
Median Household Income # 475 6th
Housing Affordability Index # 454 90th
Per Capita Income # 435 14th
Diversity Index # 478 5th

Additional comparisons and rankings can be made with a VERY EASY TO USE Tennessee Census Data Comparison Tool.

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