Petoskey, MI

Census Place

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2024 Population
5,856
US Senator
Gary Peters
Democratic Party
US Senator
Elissa Slotkin
Democratic Party
2024 Median Age
41
4.43% 1-year decrease
2024 Poverty Rate
8.97%
7.12% 1-year increase
2024 Median Household Income
$74,196
3.36% 1-year growth
2024 Median Property Value
$364,100
14% 1-year growth
2024 Employed Population
3,097
1.4% 1-year decline

About

None of the households in Petoskey, MI reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

98.2% of the residents in Petoskey, MI are U.S. citizens.

The largest universities in Petoskey, MI are North Central Michigan College (281 degrees awarded in 2023).

In 2024, the median property value in Petoskey, MI was $364,100, and the homeownership rate was 61.1%.

Most people in Petoskey, MI drove alone to work, and the average commute time was 14.6 minutes. The average car ownership in Petoskey, MI was 2 cars per household.

United StatesMichiganEmmet County, MINorthwest Lower Peninsula (East) PUMA, MI

Population & Diversity

Petoskey, MI is home to a population of 5.86k people, from which 98.2% are citizens. As of 2024, 2.97% of Petoskey, MI residents were born outside of the country (174 people).

In 2024, there were 12.2 times more White (Non-Hispanic) residents (5.09k people) in Petoskey, MI than any other race or ethnicity. There were 416 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 89 Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.2%
2024 Citizenship
98.6%
2023 Citizenship

As of 2024, 98.2% of Petoskey, MI residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Petoskey, MI was 98.6%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Petoskey, MI compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Petoskey, MI
  1. White (Non-Hispanic)
    5.09k ± 177
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    416 ± 124
  3. Asian (Non-Hispanic)
    89 ± 60
2.85%
Hispanic Population
167 people

In 2024, there were 12.2 times more White (Non-Hispanic) residents (5.09k people) in Petoskey, MI than any other race or ethnicity. There were 416 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 89 Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

2.85% of the people in Petoskey, MI are hispanic (167 people).

The following chart shows the 8 races represented in Petoskey, MI as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Michigan.
Most Common Origin
  1. Mexico
    80,580 ± 6,941 people
  2. India
    77,204 ± 6,795 people
  3. Iraq
    54,457 ± 5,714 people

In 2023, the most common birthplace for the foreign-born residents of Michigan was Mexico, the natal country of 80,580 Michigan residents, followed by India with 77,204 and Iraq with 54,457.

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Foreign-Born Population

2.97%
2024 Foreign-Born Population
174 people
2.19%
2023 Foreign-Born Population
128 people

As of 2024, 2.97% of Petoskey, MI residents (174 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Petoskey, MI was 2.19%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Petoskey, MI compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    92 ± 54
  2. Gulf War (1990s)
    60 ± 63
  3. Gulf War (2001-)
    53 ± 66

Petoskey, MI has a large population of military personnel who served in Vietnam, 1.53 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Petoskey, MI.

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Economy

The economy of Petoskey, MI employs 3.1k people. In 2024, the largest industries in Petoskey, MI were Health Care & Social Assistance (562 people), Educational Services (422 people), and Accommodation & Food Services (389 people), and the highest paying industries were Finance & Insurance, & Real Estate & Rental & Leasing ($151,964), Finance & Insurance ($151,518), and Wholesale Trade ($98,984).

Employment

Occupations

3.1k
2024 Value
± 367
−1.4%
1 Year decline
± 17.1%

From 2023 to 2024, employment in Petoskey, MI declined at a rate of −1.4%, from 3.14k employees to 3.1k employees.

The most common job groups, by number of people living in Petoskey, MI, are Office & Administrative Support Occupations (374 people), Management Occupations (371 people), and Education Instruction, & Library Occupations (342 people). This chart illustrates the share breakdown of the primary jobs held by residents of Petoskey, MI.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Michigan.

This chart shows weekly unemployment insurance claims in Michigan (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

3.1k
2024 Value
± 367
−1.4%
1 Year decline
± 17.1%

From 2023 to 2024, employment in Petoskey, MI declined at a rate of −1.4%, from 3.14k employees to 3.1k employees.

The most common employment sectors for those who live in Petoskey, MI, are Health Care & Social Assistance (562 people), Educational Services (422 people), and Accommodation & Food Services (389 people). This chart shows the share breakdown of the primary industries for residents of Petoskey, MI, though some of these residents may live in Petoskey, MI and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$51,927
Median earning men ± $9,789
$38,393
Median earning women ± $5,539

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($189,375), Wholesale Trade ($98,984), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($66,429).

The industries with the best median earnings for women in 2024 are Information ($150,833), Manufacturing ($80,486), and Public Administration ($59,766).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Michigan.
Y-Axis
2.16%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.37M people employed in Michigan. This represents a 2.16% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 23.6%.

The following chart shows monthly employment numbers for each industry sector in Michigan.

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Civics

In the 2024 presidential election, the popular vote in Michigan went to Donald J. Trump with 49.7% of the vote. The runner-up was Kamala Harris (48.3%), followed by Jill Stein (0.788%).

Gary Peters and Elissa Slotkin are the senators currently representing the state of Michigan. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Michigan is currently represented by 13 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Petoskey, MI. Showing the available data for Michigan.
2024 Election Results
  1. Donald J. Trump (49.7%)
    Republican Party
  2. Kamala Harris (48.3%)
    Democratic Party
  3. Jill Stein (0.788%)
    Green Party

In the 2024 presidential election, the popular vote in Michigan went to Donald J. Trump with 49.7% of the vote. The runner-up was Kamala Harris (48.3%), followed by Jill Stein (0.788%).

The following chart shows the popular vote results in Michigan for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Michigan

Senatorial voting results are only available at the state level. Showing data for Michigan.
Gary Peters
Senator from Michigan2
Assumed office on January 3, 2015
Elissa Slotkin
Senator from Michigan1
Assumed office on January 3, 2025

Gary Peters and Elissa Slotkin are the senators currently representing Michigan.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Michigan over time, excluding special elections, colored by their political party.

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Education

In 2023, universities in Petoskey, MI awarded 281 degrees. The student population of Petoskey, MI in 2023 is skewed towards women, with 576 male students and 964 female students.

Most students graduating from Universities in Petoskey, MI are White (247 and 87.9%), Two or More Races (14 and 4.98%), American Indian or Alaska Native (12 and 4.27%), and Hispanic or Latino (4 and 1.42%).

The largest universities in Petoskey, MI by number of degrees awarded are North Central Michigan College (281 and 100%).

The most popular majors in Petoskey, MI are General Studies (87 and 31%), Liberal Arts & Sciences (81 and 28.8%), and Registered Nursing (25 and 8.9%).

Admissions & Enrollments

Enrollments by Gender and Races

In 2023 there were 1,540 students enrolled in Petoskey, MI, 37.4% men and 62.6% women.

By race, the largest number of students enrolled was concentrated in White with 1,323 records, of which 63.2% were women and 36.8% men.

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Completions

Concentrations

Most Common
  1. General Studies
    87 degrees awarded
  2. Liberal Arts & Sciences
    81 degrees awarded
  3. Registered Nursing
    25 degrees awarded

In 2023, the most common concentation for Associates Degree recipients in Petoskey, MI was General Studies with 87 degrees awarded.

This visualization illustrates the percentage of students graduating with a Associates Degree from schools in Petoskey, MI according to their major.

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Universities

Gender
Race
North Central Michigan College
Largest Universities by degrees awarded
281 degrees awarded

In 2023, the institution with the largest number of graduating students was North Central Michigan College with 281 degrees awarded.

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Student Diversity

In 2023, 89 men were awarded degrees from institutions in Petoskey, MI, which is 0.464 times less than the 192 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was White students. These 247 degrees mean that there were 17.6 times more degrees awarded to White students then the next closest race/ethnicity group, Two or More Races, with 14 degrees awarded.

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Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Tuition

Average Net Price by Sector

Public, 2-year ($7,200) is the sector with the highest median state tuition in 2023.

Public, 2-year ($947) is the sector with the highest median state fee in 2023.

Public, 2-year ($1,500) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

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Housing & Living

The median property value in Petoskey, MI was $364,100 in 2024, which is 1.09 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $319,300 to $364,100, a 14% increase. The homeownership rate in Petoskey, MI is 61.1%, which is lower than the national average of 65.2%.

People in Petoskey, MI have an average commute time of 14.6 minutes, and they drove alone to work. Car ownership in Petoskey, MI is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$364,100
Median Property Value 2024
±$26,616
$1,619
Median Property Taxes
±$229

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Petoskey, MI the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Petoskey, MI compared to it's parent and neighbor geographies.

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Rent vs Own

61.1%
Homeownership
2024
54.5%
Homeowners with Mortgage
2024

In 2024, 61.1% of the housing units in Petoskey, MI were occupied by their owner. This percentage grew from the previous year's rate of 60.3%.

This chart shows the percentage of owner in Petoskey, MI compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$74,196
Median Household Income
± $9,297
2.65k
Number of Households
± 348

In 2024, the median household income of the 2.65k households in Petoskey, MI grew to $74,196 from the previous year's value of $71,783.

The following chart displays the households in Petoskey, MI distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $60k - $75k range.

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Wage Distribution

The closest comparable wage GINI for Petoskey, MI is from Michigan.
0.462
2023 Wage GINI in Michigan
0.466
2022 Wage GINI in Michigan

In 2023, the income inequality in Michigan was 0.462 according to the GINI calculation of the wage distribution. Income inequality had a 0.92% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Michigan was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Michigan in comparison to the national average.

This chart shows the number of workers in Michigan across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (63.9%)
  2. Worked At Home (13.1%)
  3. Carpooled (11.7%)

In 2024, 63.9% of workers in Petoskey, MI drove alone to work, followed by those who worked at home (13.1%) and those who carpooled to work (11.7%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

14.6 minutes
Average Travel Time

Using averages, employees in Petoskey, MI have a shorter commute time (14.6 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Petoskey, MI have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Petoskey, MI compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Petoskey, MI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Petoskey, MI have 2 cars.

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Poverty

Poverty & Diversity

8.97% of the population for whom poverty status is determined in Petoskey, MI (503 out of 5.61k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 65 - 74, followed by Males 45 - 54 and then Females 75+.

The most common racial or ethnic group living below the poverty line in Petoskey, MI is White, followed by Two Or More and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

94.5% of the population of Petoskey, MI has health coverage, with 50.9% on employee plans, 12.6% on Medicaid, 17.5% on Medicare, 12.8% on non-group plans, and 0.716% on military or VA plans.

Primary care physicians in Michigan see 1,276 patients per year on average, which represents a 0% change from the previous year (1,276 patients). Compare this to dentists who see 1246 patients per year, and mental health providers who see 281 patients per year.

By gender, of the total number of insured persons, 46.7% were men and 53.3% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 20.4% under 18 years, 22.3% between 18 and 34 years, 34.7% between 35 and 64 years, and 22.7% over 64 years.

By gender, of the total number of insured persons, 46.7% were men and 53.3% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

5.5%
Uninsured
50.9%
Employer Coverage
12.6%
Medicaid
17.5%
Medicare
12.8%
Non-Group
0.716%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Petoskey, MI grew by 1.92% from 5.4% to 5.5%.

The following chart shows how the percent of uninsured individuals in Petoskey, MI changed over time compared with the percent of individuals enrolled in various types of health insurance.

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