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Petoskey, MI
Full City Profile · Michigan · Antrim County County
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
25.8% income on rent
46°F
Avg Temperature
270 sunny days/yr
35
Violent Crime/100K
522 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
35 violent crimes/100K
A+
Education
5.0 / 5.0
52.8% bachelor's degree or higher
Top Industries in Petoskey (12)
County-level employment data (BLS QCEW). Sorted by employment.
Accommodation & Food Services
835 jobs
53 firms
$26,736/yr
Retail Trade
711 jobs
79 firms
$29,672/yr
Manufacturing
685 jobs
40 firms
$53,230/yr
Construction
483 jobs
88 firms
$55,479/yr
Arts & Entertainment
213 jobs
14 firms
$33,189/yr
Other Services
174 jobs
50 firms
$33,296/yr
Professional & Technical Services
173 jobs
39 firms
$54,900/yr
Information & Technology
97 jobs
13 firms
$28,512/yr
Finance & Insurance
92 jobs
17 firms
$59,374/yr
Wholesale Trade
86 jobs
13 firms
$55,236/yr
Real Estate
64 jobs
26 firms
$37,093/yr
Unclassified
25 jobs
8 firms
$43,846/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Unclassified
3.50
Arts & Entertainment
2.47
Accommodation & Food Services
1.79
Construction
1.79
Manufacturing
1.63
Retail Trade
1.39
Other Services
1.13
Information & Technology
1.01
Real Estate
0.80
Professional & Technical Services
0.48
Finance & Insurance
0.44
Wholesale Trade
0.43
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Accommodation & Food Services | 835 | 53 | $514 | $26,736 | 1.79 |
| Retail Trade | 711 | 79 | $571 | $29,672 | 1.39 |
| Manufacturing | 685 | 40 | $1,024 | $53,230 | 1.63 |
| Construction | 483 | 88 | $1,067 | $55,479 | 1.79 |
| Arts & Entertainment | 213 | 14 | $638 | $33,189 | 2.47 |
| Other Services | 174 | 50 | $640 | $33,296 | 1.13 |
| Professional & Technical Services | 173 | 39 | $1,056 | $54,900 | 0.48 |
| Information & Technology | 97 | 13 | $548 | $28,512 | 1.01 |
| Finance & Insurance | 92 | 17 | $1,142 | $59,374 | 0.44 |
| Wholesale Trade | 86 | 13 | $1,062 | $55,236 | 0.43 |
| Real Estate | 64 | 26 | $713 | $37,093 | 0.80 |
| Unclassified | 25 | 8 | $843 | $43,846 | 3.50 |