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MICROPOLITAN AREA

Petoskey Micro

Petoskey, MI · 1 counties · 33,775 residents (2025 est.) · 467.547 sq mi
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The short version

Petoskey has roughly average household income, with a median household income of $78,112. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $315,700. With a median age of 47.0, the population is older than the US median of 38.9. It ranks in the top 5% of US metro areas for household income.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 47.0
US median: 38.9
More educated
42% hold a bachelor's degree
US average: 36%
Less affordable
home values up 40%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
34,125
+9%since 2000
from 31,437 in 2000
1990 – 2025
Population density
73 / sq mi
+9%since 2000
from 67 / sq mi in 2000
US average: 281
Median age
47.0
+21%since 2000
from 38.9 in 2000
US average: 38.9

PEP 2025 EST:33,775 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
24K27K30K32K35K1990201020202024Petoskey
202434K
1990201020202024
Section 02

Income & economy

Median household income
$78,112
+7%inflation adjusted, since 2000
from $40,222 in 2000
US average: $82,259
1990 – 2024
Per capita income
$48,447
+130%since 2000
from $21,070 in 2000
US average: $44,673
Households earning $100K+
52.2%
+25.0 ptssince 2009
from 27.2% in 2009
US average: 53.3%
Poverty rate
8.5%
+1.2 ptssince 2000
from 7.4% in 2000
US average: 12.5%
Income inequality (Gini)
0.473
+3%since 2010
from 0.461 in 2010
US average: 0.476
Workforce by industry, 2024
Information12.6%
US avg: 10.8%
Wholesale trade11.7%
US avg: 6.9%
Retail trade10%
US avg: 9.9%
Other services4.9%
US avg: 6.7%
Finance & insurance3.6%
US avg: 5.9%
Professional, scientific, technical3%
US avg: 5.1%
Public administration2.7%
US avg: 4.8%
Transportation & warehousing1.5%
US avg: 2.2%
Arts, entertainment, food1%
US avg: 1.9%
Agriculture, forestry, fishing0.9%
US avg: 1.6%
Construction0.8%
US avg: 1.2%
Education & health services0.6%
US avg: 0.9%
Manufacturing0.1%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$315,700
+40%inflation adjusted, since 2000
from $123,600 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,112
+19%inflation adjusted, since 2000
from $513 in 2000
US average: $1,442
Owner-occupied
77.0%
+1.5 ptssince 2000
from 75.6% in 2000
23.0% rent
Vacancy rate
30.9%
−2.9 ptssince 2009
from 33.8% in 2009
US average: 10.0%
Owner cost-burdened
19.0%
−13.7 ptssince 2009
from 32.7% in 2009
US average: 22.9%
Renter cost-burdened
40.4%
−1.8 ptssince 2009
from 42.2% in 2009
US average: 47.4%
Afford Score
4.0
+32%since 2000
from 3.1 in 2000
1990 – 2024
Gentrification Score
75
RELATED:See current rent listings in Petoskey on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic93.8%(29,483)
Black0.5%(142)
Hispanic / Latino0.9%(285)
Asian0.4%(133)
Other0%
Diversity Score4.6%(1,446)
Segregation Score0%
2024
White, non-Hispanic89.1%(30,396)
Black0.4%(153)
Hispanic / Latino2.1%(714)
Asian0.5%(169)
Other7.9%(2,693)
Diversity Score25%(8,527)
Segregation Score22.2%(7,583)
Diversity Score
25
+443%since 2000
from 5 in 2000
1990 – 2024
Segregation Score
22
+29%since 2020
from 17 in 2020
Section 05

Education

Bachelor's degree or higher
41.6%
+15.4 ptssince 2000
from 26.2% in 2000
US average: 35.6%
High school or higher
96.3%
+7.3 ptssince 2000
from 89.0% in 2000
US average: 89.6%
Graduate degree
17.7%
+8.0 ptssince 2000
from 9.7% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
19.9 min
+60%since 2000
from 12.5 min in 2000
US average: 26.5
Drive alone to work
74.7%
−3.0 ptssince 2009
from 77.7% in 2009
US average: 68.9%
Carpooled to work
8.9%
−1.1 ptssince 2009
from 10.0% in 2009
US average: 8.5%
Public transit
0.2%
Unchangedsince 2009
from 0.2% in 2009
US average: 3.2%
Worked from home
10.7%
+4.5 ptssince 2009
from 6.2% in 2009
US average: 15.0%
Walked to work
3.8%
−1.0 ptssince 2009
from 4.8% in 2009
US average: 2.4%
Biked to work
0.5%
+0.1 ptssince 2009
from 0.3% in 2009
US average: 0.4%
No vehicle available
5.0%
−0.1 ptssince 2009
from 5.2% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.2%
−6.6 ptssince 2011
from 9.8% in 2011
US average: 5.2%
Labor force participation
60.6%
−6.2 ptssince 2011
from 66.9% in 2011
US average: 63.5%
Self-employed
14.8%
+3.0 ptssince 2009
from 11.8% in 2009
US average: 13.1%
Management & professional
39.3%
−22.2 ptssince 2009
from 61.5% in 2009
US average: 42.5%
Section 08

People & community

Male
49.7%
+0.3 ptssince 2009
from 49.4% in 2009
Female
50.3%
−0.3 ptssince 2009
from 50.6% in 2009
Foreign born
1.5%
−0.6 ptssince 2009
from 2.1% in 2009
US average: 14.1%
Veterans
6.2%
−42.2 ptssince 2009
from 48.4% in 2009
US average: 6.2%
With a disability
13.4%
+1.0 ptssince 2012
from 12.4% in 2012
US average: 13.3%
Uninsured
6.4%
−80.1 ptssince 2013
from 86.5% in 2013
US average: 8.4%
Broadband at home
91.1%
+14.6 ptssince 2017
from 76.5% in 2017
US average: 91.0%
English only at home
96.9%
−0.4 ptssince 2016
from 97.4% in 2016
US average: 77.7%
Spanish at home
1.0%
+0.1 ptssince 2016
from 0.9% in 2016
US average: 13.6%
In this metro

Principal cities

PetoskeyCENTRAL5,772
What's inside

1 component county

Emmet CountyCENTRAL33,775
Drill deeper

Metros similar to Petoskey

Angola
Pop 34,799
Greencastle
Pop 37,876
Hutchinson
Pop 36,631
Brenham
Pop 38,288
Places similar to Petoskey
Head to head

Compare Petoskey side by side

PETOSKEY VS
Angola
Income$74,911−4%
Home value$216,200−32%
Population34,799+3%
SEE FULL COMPARISON →
PETOSKEY VS
Greencastle
Income$78,378same
Home value$218,900−31%
Population37,876+12%
SEE FULL COMPARISON →
PETOSKEY VS
Hutchinson
Income$80,084+3%
Home value$246,100−22%
Population36,631+8%
SEE FULL COMPARISON →
PETOSKEY VS
Brenham
Income$77,825same
Home value$288,100−9%
Population38,288+13%
SEE FULL COMPARISON →
Frequently asked

How many people live in Petoskey, MI?

Petoskey, MI has about 34,125 residents according to the 2024 American Community Survey.

What is the median household income in Petoskey, MI?

The typical household in Petoskey, MI earns about $78,112 a year. Half of households make more than that, and half make less.

Is Petoskey, MI expensive?

In Petoskey, MI, the median home is worth about $315,700, and the typical rent is about $1,112 a month.

How educated are people in Petoskey, MI?

About 41.6% of adults age 25 and over in Petoskey, MI hold a bachelor's degree or higher.

What is the poverty rate in Petoskey, MI?

About 8.5% of people in Petoskey, MI live below the federal poverty line.

Has Petoskey, MI grown since 1990?

Yes, Petoskey, MI has grown since 1990. The population has added about 9,085 residents, a change of about 36 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · METRO ROLLUP OF COMPONENT COUNTIES · UPDATED 2024

How we source and harmonize this data →