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
Change Over Time (2013–2023)
Population Change
+2.2%
5,703 → 5,831
over 10 years
Annual Pop. Growth
+0.22%
Compound annual growth rate
Median Income Change
+71.6%
$41,827 → $71,783
nominal, not inflation-adjusted
Annual Income Growth
+5.55%
Compound annual growth rate
Population Over Time
Total population for Petoskey across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
5,921
+90 from 2023 (5,831)
Projected Median Income 2030
$104,768
+$32,985 from 2023 ($71,783)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 5,703 | — | $41,827 | — |
| 2015 | 5,690 | -0.2% | $37,556 | -10.2% |
| 2017 | 5,708 | +0.3% | $37,639 | +0.2% |
| 2019 | 5,733 | +0.4% | $45,107 | +19.8% |
| 2021 | 5,905 | +3% | $60,054 | +33.1% |
| 2023 | 5,831 | -1.3% | $71,783 | +19.5% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.
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