In 2023, Petoskey, MI had a population of 5.85k people with a median age of 42.9 and a median household income of $71,783. Between 2022 and 2023 the population of Petoskey, MI declined from 5,859 to 5,851, a −0.137% decrease and its median household income grew from $69,784 to $71,783, a 2.86% increase.
The 5 largest ethnic groups in Petoskey, MI are White (Non-Hispanic) (86.7%), Two+ (Non-Hispanic) (6.41%), White (Hispanic) (3.23%), Asian (Non-Hispanic) (1.18%), and Black or African American (Non-Hispanic) (1.09%).
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.
98.6% of the residents in Petoskey, MI are U.S. citizens.
The largest universities in Petoskey, MI are North Central Michigan College (224 degrees awarded in 2022).
In 2023, the median property value in Petoskey, MI was $319,300, and the homeownership rate was 60.3%.
Most people in Petoskey, MI drove alone to work, and the average commute time was 15.9 minutes. The average car ownership in Petoskey, MI was 2 cars per household.
