In 2017, Petoskey, MI had a population of 5.7k people with a median age of 44.7 and a median household income of $37,639. Between 2016 and 2017 the population of Petoskey, MI declined from 5,731 to 5,696, a -0.611% decrease and its median household income declined from $39,690 to $37,639, a -5.17% decrease.
The population of Petoskey, MI is 89.7% White Alone, 3.67% Two or More Races, and 2.55% Hispanic or Latino. 2.44% of the people in Petoskey, MI speak a non-English language, and 98.7% are U.S. citizens.
The largest universities in Petoskey, MI are North Central Michigan College (366 degrees awarded in 2016).
The median property value in Petoskey, MI is $178,900, and the homeownership rate is 55.1%. Most people in Petoskey, MI commute by Drove Alone, and the average commute time is 10.3 minutes. The average car ownership in Petoskey, MI is 2 cars per household.