COMPARING TWO PLACES
Petoskey vs Traverse City
PLACE A
Petoskey, Michigan
VS
PLACE B
Traverse City, Michigan
Petoskey is 64% smaller than Traverse City. their median incomes are within a few thousand dollars.
PETOSKEYTRAVERSE CITYDIFFERENCE
Total population5,77215,832−64% vs Traverse City
Population density1,1211,913−792
Population growth3.7%6.8%−3.2 pts
Median age41.042.7−1.7
Male46.5%49.4%−2.9 pts
Female53.5%50.6%+2.9 pts
Foreign-born3.0%2.5%+0.5 pts
White, non-Hispanic87.0%87.7%−0.7 pts
Black0.8%1.3%−0.4 pts
Hispanic / Latino2.9%3.6%−0.8 pts
Asian1.5%1.1%+0.5 pts
Other7.8%6.4%+1.4 pts
Median household income$74,196$74,087+$109
Per capita income$54,842$53,432+$1,410
Poverty rate9.0%12.3%−3.3 pts
Income inequality (Gini)0.5360.523+0.0
Bachelor's degree or higher53.4%47.4%+6.1 pts
Graduate degree25.5%22.7%+2.8 pts
Unemployment rate1.6%5.2%−3.6 pts
Labor force participation63.8%62.6%+1.1 pts
Median home value$364,100$415,400−$51,300
Median gross rent$1,006$995+$11
Owner-occupied61.1%63.7%−2.5 pts
Housing vacancy rate13.7%15.2%−1.5 pts
Rent-burdened households45.5%45.6%−0.1 pts
Average commute14.617.2−2.6
Worked from home13.1%19.4%−6.3 pts
Public transit to work0.0%1.1%−1.1 pts
Uninsured5.5%3.8%+1.7 pts
Population, 1990 – 2025