Petoskey, MI

Petoskey, MI

At a Glance

How Petoskey Compares to the U.S. Average

Each bar shows Petoskey's value as a percentage of the national average (100% = U.S. avg)

Is Petoskey a Good Place to Live?

Economy & Jobs

Petoskey residents earn a median household income of $71,783 , which is 4% below the national average of $75,149. Per capita income is $48,658. The unemployment rate stands at 1.0% (72% below the U.S. rate of 3.6%). 5.2% of residents live below the poverty line. The area is home to 599 business establishments, including 60 restaurants.

Housing & Cost of Living

The median home value in Petoskey is $319,300 , 13% above the national median of $281,900. Zillow estimates the typical home at $462,131. Median rent is $872/month, with 25.8% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1972.

Safety & Crime

Petoskey reports 35 violent crimes per 100,000 residents , which is 91% below the national average of 380/100K. Property crime is 522/100K. The murder rate is 0.0/100K.

Education

52.8% of adults in Petoskey hold a bachelor's degree or higher (57% above the national average). 97.1% have completed high school. Local schools score 5.6/10 in standardized testing.

Climate & Weather

Petoskey has an average annual temperature of 46°F (8°C). Winters average 23°F in January while summers reach 69°F in July. The area gets 270 sunny days per year. Annual precipitation totals 33.7 inches. Air quality is rated Good with a median AQI of 38.

Data Overview

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