Petoskey, MI

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Population

5,696

0.611% decline

Median Age

44.7


Median Household Income

$37,639

5.17% decline

Poverty Rate

10.1%


Number of Employees

3,018

0.869% growth

Median Property Value

$178,900

5.55% growth

About

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.

Economy

The economy of Petoskey, MI employs 3.02k people. The largest industries in Petoskey, MI are Health Care & Social Assistance (465 people), Retail Trade (354 people), and Accommodation & Food Services (345 people), and the highest paying industries are Finance & Insurance ($232,586), Wholesale Trade ($61,346), and Transportation & Warehousing, & Utilities ($59,572).

Median household income in Petoskey, MI is $37,639. Males in Petoskey, MI have an average income that is 1.37 times higher than the average income of females, which is $46,762. The income inequality in Petoskey, MI (measured using the Gini index) is 0.476, which is lower than than the national average.

Wages

Median Household Income

$37,639

2017 value

± $4,432

-5.17%

1 Year Growth

± 28%

Households in Petoskey, MI have a median annual income of $37,639, which is less than the median annual income of $60,336 across the entire United States. This is in comparison to a median income of $39,690 in 2016, which represents a -5.17% annual growth.

Look at the chart to see how the median household income in Petoskey, MI compares to that of it's neighboring and parent geographies.

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Wage by Gender in Common Jobs

The PUMS dataset is not available at the place level, so we are showing data for the Michigan.

$63,869

Average Male Salary

± $1,109

$46,762

Average Female Salary

± $850

In 2017, full-time male employees in Petoskey, MI made 1.37 times more than female employees.

This chart shows the gender-based wage disparity in the 5 most common occupations in Petoskey, MI by number of full-time employees.

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Wage by Race and Ethnicity in Common Jobs

The PUMS dataset is not available at the place level, so we are showing data for the Michigan.

Highest Average Salaries by Race & Ethnicity

  1. Asian

    $62,263 ± $4,415

  2. Native Hawaiian and Other Pacific Islander

    $48,644 ± $58,127

  3. White

    $48,289 ± $702

In 2017 the highest paid race/ethnicity of Petoskey, MI workers was Asian. These workers were paid 1.28 times more than Native Hawaiian and Other Pacific Islander workers, who made the second highest salary of any race/ethnicity.

This chart shows the race- and ethnicity-based wage disparities in the 5 most common occupations in Petoskey, MI by number of full-time employees.

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Wage Distribution

The closest comparable wage GINI for Petoskey, MI is from Michigan.

0.476

2017 Wage GINI

0.477

2016 Wage GINI

In 2017, the income inequality in Michigan was 0.476 according to the GINI calculation of the wage distribution. Income inequality had a 0.107% decline from 2016 to 2017, which means that wage distribution grew somewhat more even.

The 2017 the GINI for Michigan was lower than than the national average of 0.479. 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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Income by Location

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Highest Median Household Income (Total)

  1. Census Tract 9706

  2. Census Tract 9707

  3. Census Tract 9708

In 2017, the place with the highest Median Household Income (Total) in Petoskey, MI was Census Tract 9706 with a value of $70,387, followed by Census Tract 9707 and Census Tract 9708, with respective values of $42,125 and $33,517.

The following map shows all of the places in Petoskey, MI colored by their Median Household Income (Total).

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Poverty by Age and Gender

Females 45 - 54

Largest Demographic Living in Poverty

10.1% of the population for whom poverty status is determined in Petoskey, MI (546 out of 5.41k people) live below the poverty line, a number that is lower than the national average of 13.4%. The largest demographic living in poverty are Females 45 - 54, followed by Males 35 - 44 and then Females 75+.

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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Poverty by Race and Ethnicity

Largest Race or Ethnicity Living in Poverty

  1. White

    499 ± 149

  2. Hispanic

    34 ± 81

  3. Two Or More

    24 ± 71

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

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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Occupations

Employment by Occupations

3.02k

2017 Value

± 398

0.869%

1 Year growth

± 18%

From 2016 to 2017, employment in Petoskey, MI grew at a rate of 0.869%, from 2.99k employees to 3.02k employees.

The most common job groups, by number of people living in Petoskey, MI, are Management Occupations (358 people), Food Preparation & Serving Related Occupations (353 people), and Office & Administrative Support Occupations (311 people). This chart illustrates the share breakdown of the primary jobs held by residents of Petoskey, MI.

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Most Common

The most common jobs held by residents of Petoskey, MI, by number of employees, are Management Occupations (358 people), Food Preparation & Serving Related Occupations (353 people), and Office & Administrative Support Occupations (311 people).

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Most Specialized

Compared to other places, Petoskey, MI has an unusually high number of residents working as Building & Grounds Cleaning & Maintenance Occupations (2.22 times higher than expected), Healthcare Support Occupations (2.05 times), and Community & Social Service Occupations (2.01 times).

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Highest Paid

The highest paid jobs held by residents of Petoskey, MI, by median earnings, are Computer, Engineering, & Science Occupations ($78,245), Legal Occupations ($69,444), and Health Diagnosing & Treating Practitioners & Other Technical Occupations ($61,317).

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Industries

Employment by Industries

3.02k

2017 Value

± 398

0.869%

1 Year growth

± 18%

From 2016 to 2017, employment in Petoskey, MI grew at a rate of 0.869%, from 2.99k employees to 3.02k employees.

The most common employment sectors for those who live in Petoskey, MI, are Health Care & Social Assistance (465 people), Retail Trade (354 people), and Accommodation & Food Services (345 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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Most Common

The most common industries in Petoskey, MI, by number of employees, are Health Care & Social Assistance (465 people), Retail Trade (354 people), and Accommodation & Food Services (345 people).

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Most Specialized

Compared to other places, Petoskey, MI has an unusually high number of Arts, Entertainment, & Recreation (2.46 times higher than expected), Administrative & Support & Waste Management Services (2.03 times), and Utilities (1.91 times) industries.

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Highest Paying

The highest paying industries in Petoskey, MI, by median earnings, are Finance & Insurance ($232,586), Wholesale Trade ($61,346), and Transportation & Warehousing, & Utilities ($59,572).

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from Michigan to other states, or from other states to Michigan.

Top Domestic Production in Dollars

  1. $135B

  2. $35.4B

  3. $31.3B

In 2015, the top outbound Michigan product (by dollars) was Motorized vehicles with $135B, followed by Mixed freight with $35.4B and Machinery and $31.3B.

The following chart shows the share of these products in relation to all outbound Michigan products.

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Domestic Trade Growth

Showing data for Michigan state.

$448B

2015 Value

$623B

Projected 2045 Value

39.1% growth

In 2015, total outbound Michigan trade was $448B. This is expected to increase 39.1% to $623B by 2045.

The following chart shows how the domestic outbound Michigan trade is projected to change in comparison to its neighboring states.

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Interstate Trade

Interstate trade consists of products and services shipped from Michigan to other states, or from other states to Michigan.

Most Common Trade Partners

  1. $35.1B

  2. $25.1B

  3. $20.4B

In 2015, the top outbound Michigan domestic partner for goods and services (by dollars) was Ohio with $35.1B, followed by Indiana with $25.1B and Illinois and $20.4B.

The following map shows the amount of trade that Michigan shares with each state (excluding itself).

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Health

92.8% of the population of Petoskey, MI has health coverage, with 43.1% on employee plans, 20% on Medicaid, 13.3% on Medicare, 15.5% on non-group plans, and 0.874% on military or VA plans.

Per capita personal health care spending in the place of Petoskey, MI was $8,055 in 2014. This is a 4% increase from the previous year ($7,745).

Primary care physicians in Petoskey, MI see 1254 patients per year on average, which represents a 0.804% increase from the previous year (1244 patients). Compare this to dentists who see 1385 patients per year, and mental health providers who see 431 patients per year.

Comparing across all counties in the state, Gladwin County has the highest prevalence of diabetes (14.5%). Additionally, Saginaw County has the highest prevalence of adult obesity (39.8%)

Patient to Clinician Ratios

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

1254 to 1

Primary Care Physicians

Primary care physicians in Michigan see an average of 1254 patients per year. This represents a 0.804% increase from the previous year (1244 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Michigan in comparison to neighboring states.

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Behavioral Health Conditions

Data only available at the state level.

State with the Highest Prevalence

  1. 8.26% of the population affected

  2. 8.13% of the population affected

  3. 7.98% of the population affected

In 2016, West Virginia had the highest prevalence of adults with major depressive episode, with 8.26% of the population affected. The second highest is Arkansas (8.13%), followed by New Hampshire (7.98%).

The following map shows the percent of individuals with major depressive episode by state over multiple years.

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Access and Quality

Data only available at state level.

Most prevalent states

  1. 19.2% of adults

  2. 17.9% of adults

  3. 17.6% of adults

In 2016, Mississippi had the highest prevalence of adults who haven't seen a doctor in the past 12 months due to cost, at 19.2%. It is followed by Texas (17.9%) and Louisiana (17.6%).

The following map shows the prevalence of adults who haven't seen a doctor in the past 12 months due to cost by state over multiple years.

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Health Care Spending

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

$8,055

Total Per Capita Spending on Personal Health Care 

$3,950

Per Enrollee Private Health Insurance Spending on Personal Health Care

$5,915

Per Enrollee Medicaid Spending on Personal Health Care

$11,318

Per Enrollee Medicare Spending on Personal Health Care

Between 2013 and 2014, all personal health care spending per capita in Michigan (including private, Medicare, and Medicaid) grew 4%, from $7,745 to $8,055.

The following chart shows how this spending changed over time in comparison to Medicaid, Medicare, and private insurance spending, per enrollee.

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Health Care Coverage

7.15%

Uninsured

43.1%

Employer Coverage

20%

Medicaid

13.3%

Medicare

15.5%

Non-Group

0.874%

Military or VA

Between 2016 and 2017, the percent of uninsured citizens in Petoskey, MI grew by 4.95% from 6.82% to 7.15%.

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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Health Risks

Data available at the county level.

Most at risk counties

  1. 14.5% prevalence

  2. 14.1% prevalence

  3. 14.1% prevalence

Gladwin County has the highest prevalence of diabetes in Michigan, at 14.5%.

The following map shows the prevalence of diabetes in Michigan by county over multiple years.

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Diversity

Petoskey, MI is home to a population of 5.7k people, from which 98.7% are citizens. As of 2017, 3.23% of Petoskey, MI residents were born outside of the country.

The ethnic composition of the population of Petoskey, MI is composed of 5.11k White Alone residents (89.7%), 209 Two or More Races residents (3.67%), 145 Hispanic or Latino residents (2.55%), 122 American Indian & Alaska Native Alone residents (2.14%), 59 Asian Alone residents (1.04%), 42 Black or African American Alone residents (0.737%), 5 Native Hawaiian & Other Pacific Islander Alone residents (0.0878%), and 5 Some Other Race Alone residents (0.0878%).

The most common foreign languages spoken in Petoskey, MI are Spanish or Spanish Creole (45 speakers), German (43 speakers), and French (Incl. Patois, Cajun) (22 speakers).

Age

Age by Nativity

44

Median Native-Born Age

± 6.3

66

Median Foreign-Born Age

± 34.2

In 2017, the median age of all people in Petoskey, MI was 44.7. Native-born citizens, with a median age of 44, were generally younger than than foreign-born citizens, with a median age of 66. But people in Petoskey, MI are getting getting older. In 2016, the average age of all Petoskey, MI residents was 44.

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Heritage

Foreign-Born Population

3.23%

2017 Foreign-Born Population

3.12%

2016 Foreign-Born Population

As of 2017, 3.23% of Petoskey, MI residents were born outside of the United States, which is lower than the national average of 13.7%. In 2016, the percentage of foreign-born citizens in Petoskey, MI was 3.12%, 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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Global Diversity

Most Common Origin

  1. Mexico

    76,763 ± 6,776 people

  2. India

    66,881 ± 6,328 people

  3. Iraq

    54,355 ± 5,708 people

In 2017, the most common birthplace for the foreign-born residents of Petoskey, MI was Mexico, the natal country of 76,763 Petoskey, MI residents, followed by India with 66,881 and Iraq with 54,355.

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Citizenship

98.7%

2017 Citizenship

98.3%

2016 Citizenship

As of 2017, 98.7% of Petoskey, MI residents were US citizens, which is higher than the national average of 93.1%. In 2016, the percentage of US citizens in Petoskey, MI was 98.3%, meaning that the rate of citizenship has been increasing.

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

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Race and Ethnicity

Most Common

  1. White Alone

    5.11k ± 155

  2. Two or More Races

    209 ± 95.2

  3. Hispanic or Latino

    145 ± 78.6

In 2017, there were 24.4 times more White Alone residents (5.11k people) in Petoskey, MI than any other race or ethnicity. There were 209 Two or More Races and 145 Hispanic or Latino residents, the second and third most common racial or ethnic groups.

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

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Non-English Speakers

Most Common Languages

  1. Spanish or Spanish Creole

    45 speakers (0.806%)

  2. German

    43 speakers (0.77%)

  3. French (Incl. Patois, Cajun)

    22 speakers (0.394%)

2.44% of Petoskey, MI citizens are speakers of a non-English language, which is lower than the national average of 21.5%. In 2015, the most common non-English language spoken in Petoskey, MI was Spanish or Spanish Creole. 0.806% of the overall population of Petoskey, MI are native Spanish or Spanish Creole speakers. 0.77% speak German and 0.394% speak Spanish or Spanish Creole, the next two most common languages.

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Military

Veterans

Most Common Service Period

  1. Vietnam

    173 ± 85

  2. Gulf War (2001-)

    41 ± 45

  3. World War II

    38 ± 38

Petoskey, MI has a large population of military personnel who served in Vietnam, 4.22 times greater than any other conflict.

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Education

In 2016, universities in Petoskey, MI awarded 366 degrees. The student population of Petoskey, MI is skewed towards women, with 1,001 male students and 1,617 female students.

Most students graduating from Universities in Petoskey, MI are White (320 and 87.4%), followed by American Indian or Alaska Native (22 and 6.01%), Unknown (14 and 3.83%), and Two or More Races (5 and 1.37%).

The largest universities in Petoskey, MI by number of degrees awarded are North Central Michigan College (366 and 100%).

The most popular majors in Petoskey, MI are General Studies (106 and 29%), Liberal Arts & Sciences (75 and 20.5%), and Registered Nursing (32 and 8.74%).

The median tuition costs in Petoskey, MI are $N/A for private four year colleges, and $N/A and $N/A respectively, for public four year colleges for in-state students and out-of-state students.

Concentrations

Most Common

  1. 106 degrees awarded

  2. 75 degrees awarded

  3. 32 degrees awarded

In 2015, the most common concentation for Associates Degree recipients in Petoskey, MI was General Studies with 106 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

Largest Universities by degrees awarded

366 degrees awarded

$N/A

Median In-State Public

$N/A

Median Private

In 2016, the Petoskey, MI institution with the largest number of graduating students was North Central Michigan College with 366 degrees awarded.

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Student Gender for Common Institutions

101

Degrees Awarded to Men

265

Degrees Awarded to Women

In 2016, 101 men were awarded degrees from institutions in Petoskey, MI, which is 0.381 times less than the 265 female students who received degrees in the same year.

This chart displays the gender disparity between the institutions in Petoskey, MI by degrees awarded.

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Student Race and Ethnicity

Most Common Student Race or Ethnicity

  1. White

    320 degrees awarded

  2. American Indian or Alaska Native

    22 degrees awarded

  3. Unknown

    14 degrees awarded

In 2016 the majority of degrees awarded at institutions in Petoskey, MI were to White students. These 320 degrees mean that there were 14.5 times more White students then the next closest race/ethnicity group, American Indian or Alaska Native, with 22 degrees awarded.

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Housing & Living

The median property value in Petoskey, MI was $178,900 in 2017, which is 0.822 times smaller than the national average of $217,600. Between 2016 and 2017 the median property value increased from $169,500 to $178,900, a 5.55% increase. The homeownership rate in Petoskey, MI is 55.1%, which is lower than the national average of 63.9%. People in Petoskey, MI have an average commute time of 10.3 minutes, and they commute by Drove Alone. Car ownership in Petoskey, MI is approximately the same as the national average, with an average of 2 cars per household.

Income

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$37,639

Median Household Income

± $4,432

2.93k

Number of Households

± 390

In 2017, the median household income of the 2.93k households in Petoskey, MI declined from $37,639 from the previous year's value of $39,690.

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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Housing

Property Value

$178,900

2017 Median

± $21,928

$169,500

2016 Median

± $11,609

In 2017, the median property value in Petoskey, MI grew to to $178,900 from the previous year's value of $169,500.

The following charts display, first, the property values in Petoskey, MI compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Petoskey, MI the largest share of households have a property value in the $200k - $250k range.

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Property Taxes

$3k+

Average Range

This chart shows the households in Petoskey, MI 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.

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Rent vs Own

55.1%

2017 Homeownership

57.8%

2016 Homeownership

In 2017, 55.1% of the housing units in Petoskey, MI were occupied by their owner. This percentage declined from the previous year's rate of 57.8%.

This percentage of owner-occupation is lower than the national average of 63.9%. This chart shows the ownership percentage in Petoskey, MI compared it's parent and neighboring geographies.

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Transportation

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, followed by 1 car.

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Commute Time

10.3 minutes

Average Travel Time

Using averages, employees in Petoskey, MI have a shorter commute time (10.3 minutes) than the normal US worker (25.1 minutes). Additionally, 0.701% 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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Commuter Transportation

Most Common Method of Travel

  1. Drove Alone

    68.3%

  2. Walked

    15%

  3. Worked At Home

    9.18%

In 2017, the most common method of travel for workers in Petoskey, MI was Drove Alone, followed by those who Walked and those who Worked At Home.

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