In 2021, Petoskey, MI had a population of 5.86k people with a median age of 41.9 and a median household income of $60,054. Between 2020 and 2021 the population of Petoskey, MI grew from 5,701 to 5,856, a 2.72% increase and its median household income grew from $58,197 to $60,054, a 3.19% increase.
The 5 largest ethnic groups in Petoskey, MI are White (Non-Hispanic) (90.1%), Two+ (Non-Hispanic) (5.09%), White (Hispanic) (2.42%), American Indian & Alaska Native (Non-Hispanic) (1.37%), and Black or African American (Non-Hispanic) (0.837%).
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.
99.1% of the residents in Petoskey, MI are U.S. citizens.
The largest universities in Petoskey, MI are North Central Michigan College (314 degrees awarded in 2021).
In 2021, the median property value in Petoskey, MI was $219,300, and the homeownership rate was 59.2%.
Most people in Petoskey, MI drove alone to work, and the average commute time was 17.2 minutes. The average car ownership in Petoskey, MI was 2 cars per household.