Petoskey, MI

Michigan

Petoskey is a small city in Michigan with a population of 5,851. Residents earn $71,783 per year, which is 4% below the national average.

3.6 /5.0
B+ Good
5,851 Population 1,136/sq mi density
$71,783 Median Income $48,658 per capita
$319,300 Home Value $462,131 Zillow
$872 Median Rent
46°F Avg Temperature
104 Violent Crime/100K 917 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$71,783 median income, 1.0% unemployment
A
Affordability
4.2 / 5.0
$319,300 home value, $872/mo rent
F
Safety
1.0 / 5.0
104 violent crimes/100K (73% below avg)
A+
Education
5.0 / 5.0
52.8% bachelor's degree or higher
Median Income $71,783
4% lower than US avg
Home Value $319,300
13% higher than US avg
Violent Crime 104/100K
73% lower than US avg
Bachelor's+ 52.8%
57% higher than US avg
Median Rent $872
25% lower than US avg
Obesity Rate 31.9%
1% lower than US avg
Unemployment 1.0%
72% lower than US avg
Poverty Rate 5.2%
58% lower than US avg

How Petoskey Compares to the U.S. Average (100% = U.S. avg)

People

Population5,851
Median Age42.9 yrs
Density1,136/mi²
Male / Female47% / 53%
Largest GroupWhite 90%

Economy

A
Median Income$71,783
Per Capita$48,658
Unemployment1.0%
Poverty5.2%
County GDP$855M
Commute16 min

Housing

A
Home Value$319,300
Rent$872
OwnershipN/A
Zillow$462,131

Crime

F
Violent104/100K
Property917/100K
Murder0.0/100K
Assault69/100K
Burglary138/100K

Health

Obesity31.9%
UninsuredN/A
Depression27.1%
Heart Disease4.8%

Climate

Avg Temp46°F
AQI38 (Good)
Rain33.7 in/yr
Elevation789 ft

Education

A+
Bachelor's+52.8%
High School+97.1%
School Score5.23

Community

2024 VoteR 61% / D 38%
Commute16 min
EV Stations11
Libraries5

Is Petoskey a Good Place to Live?

Based on current data, Petoskey receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include low unemployment, low crime rates, a highly educated population, a low poverty rate. Petoskey offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Petoskey is $71,783, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 1.0%. Only 5.2% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 16 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Petoskey is $319,300, 13% above the national median. Renters pay a median of $872 per month, below the national average — a plus for affordability. A price-to-income ratio of 4.4x indicates a reasonably affordable housing market.

Safety & Crime

Petoskey is a very safe community with a violent crime rate of 104 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 917 per 100,000, 53% below the national average.

Education

Petoskey is a highly educated community — 52.8% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 97.1% have completed high school. Area schools have an average test score of 5.2/10.

Climate & Weather

Petoskey experiences four distinct seasons with an average temperature of 46°F. Winters average 23°F in January while summers reach 69°F in July. Annual precipitation totals 33.7 inches, including 100.2 inches of snow. Air quality is rated Good with a median AQI of 38.

Petoskey has a population of 5,851 with a density of 1,136 people per square mile. The median age is 42.9 years, 10% older than the national median of 38.9. The city is predominantly White (89.9%), with 5.6% Hispanic, 1.1% Black.

Population

5,851
Total Population
1,136
People / sq mi
42.9yrs
Median Age
10% above US avg
5.2mi²
Land Area

Gender Distribution

Male 46.6%
Female 53.4%

Race & Ethnicity

Petoskey vs U.S. Average

Language Spoken at Home

English Only97.5%
24% above US avg
Spanish2.5%
81% below US avg

Social Characteristics

Petoskey vs U.S. Average

The median household income in Petoskey is $71,783, which is 4% below the national average of $75,149. The unemployment rate is 1.0% (below the 3.6% US average). 5.2% of residents live below the poverty line. Workers commute an average of 16 minutes.

Income: Petoskey vs U.S.

Commute Mode

Income

Median HH Income$71,783
4% below US avg
Per Capita Income$48,658
Avg Weekly Wage$826
IRS Avg AGI$79,571

Employment & Poverty

Unemployment1.0%
72% below US avg
Poverty Rate5.2%
58% below US avg
Establishments (County)599
County GDP$855M

Business (County)

Restaurants60
Healthcare51
Retail98
Manufacturing41

Tax & Cost of Living

Property Tax (IRS)$8,941
155% above US avg
Effective Tax Rate2.80%

Commute & Transportation

Commute Time15.9 min
Work from Home9.4%

Walkability

The median home value in Petoskey is $319,300, 13% above the national average. Monthly rent averages $872 (25% below US avg). Zillow estimates the typical home value at $462,131.

Home Value Sources

Ownership Split

Home Values

Census Median$319,300
13% above US avg
Zillow ZHVI$462,131

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$872
25% below US avg

HUD Fair Market Rent

Studio$807
1 Bedroom$891
2 Bedrooms$1,113
3 Bedrooms$1,419
4 Bedrooms$1,588

Ownership & Property

Owner-Occupied60.3%

Property Tax

Avg Tax (IRS)$8,941
155% above US avg
Effective Rate2.80%
In Petoskey, 31.9% of adults are obese (below the 32.1% national rate). 27.1% report depression. 17.9% are physically inactive.

Health Metrics: Petoskey vs U.S. Average (%)

Chronic Conditions

Obesity31.9%
1% below US avg
Diabetes8.1%
Heart Disease4.8%
High Blood Pressure29.2%
Asthma11.3%
COPD5.5%
Stroke2.5%

Behaviors & Mental Health

Binge Drinking19.7%
Physical Inactivity17.9%
Depression27.1%
Mental Distress17.3%
Physical Distress11.2%

Healthcare Access

Insurance Rate93.9%
Checkup Rate78.3%
Premature Death7,259/100K

Food & Exercise

Food Environment8.4/10
Exercise Access74.1%
Healthcare Facilities51
Petoskey has a violent crime rate of 104 per 100,000 residents, 73% below the national average of 380. Property crime stands at 917 per 100,000 (53% below US avg). The murder rate is 0.0 per 100,000.

Crime Rates: Petoskey vs U.S. Average (per 100,000)

Violent Crime

Total Violent103.8/100K
73% below US avg
Murder0.0/100K
100% below US avg
Rape34.6/100K
Robbery0.0/100K
Assault69.2/100K

Property Crime

Total Property917.1/100K
53% below US avg
Burglary138.4/100K
Theft744.1/100K
Vehicle Theft34.6/100K
Arson0.0/100K

Traffic Safety

Fatal Crashes (County/yr)4

Safety Score

Safety GradeF
Safety Score1.0 / 5.0
Petoskey has an average annual temperature of 46°F (8°C). Winters average 23°F in January while summers reach 69°F in July. Annual precipitation is 33.7 inches. Air quality is rated Good with a median AQI of 38.

Temperature

23°F Jan (-5°C) 69°F Jul (20°C)
Annual Average45.6°F
16% below US avg
January Average23°F (-5°C)
July Average69°F (20°C)

Precipitation & Snow

Annual Rainfall33.7 inches
11% below US avg
Snowfall100.2 inches/yr

Air Quality

AQI Median38.0
RatingGood

Geography

Elevation789 ft (240 m)
Area5.2 sq mi (13.3 km²)
Population Density1,136/sq mi
Coordinates45.3649°N, 85.0107°W
County FIPS26009
It is classified as Nonmetro — Rural, adjacent. 52.8% of residents hold a bachelor's degree or higher (57% above US avg). In the 2024 election, the county voted Republican by a 23.8-point margin.

2024 Presidential Election (County)

R 61.3%
D 37.5%

Winner: Republican by 23.8 points

Education

Bachelor's Degree+52.8%
57% above US avg
High School+97.1%
School Test Score5.23
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 8Nonmetro — Rural, adjacent
Population Density1,136/sq mi
Total Area5.2 sq mi

Infrastructure & Services

EV Charging Stations11
Alt Fuel Stations14
Public Libraries5
Healthcare Facilities51
Restaurants60
Retail Stores98

Safety & Disasters

Fatal Crashes (County/yr)4
F Safety Grade (1.0/5.0)

Commute & Transportation

Avg Commute15.9 min
Work from Home9.4%

Nearby Cities

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