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Petoskey, MI is a great place to live. It has its pros and cons like any city, but with a quality of life rating of 9/10 and an overall value of 7/10, it’s no surprise why so many people choose to live here.
This rating is a weighted average of commute time, crime rate, population, median salary, and more.
9/10
This score adds annual household income and cost of living to the city rating.
7/10
Compared to New York, Petoskey has a very low population density. Petoskey is perfect for those who like a quiet city.
1,210
Petoskey
27,441
New York
Petoskey, MI is a great place to live. It has its pros and cons like any city, but with a quality of life rating of 9/10 and an overall value of 7/10, it's no surprise why so many people choose to live here.
Population density is a way of determining how crowded an area is. Petoskey has a population density of 1,210, with 6,073 current residents.
Out of the 6,073 current residents, 46% are male and 54% are female. 50% of the residents are married and 50% are single.
As for living in Petoskey, the air quality is 89% and the weather, on average, is 43% sunny, 31% rainy, and 108% snowy. The average temperature is 46°F.
Whether you're looking to buy or rent a home in Petoskey, you should know that 40.6% of homes are owned while 38.3% of homes are rented, and 21.1% of homes are vacant. The median price of a home is 158,000, the median age of homes is 42 years, the annual home appreciation is -3.68% and the annual property tax is 10%.
When looking at the community of Petoskey, it's important to determine the crime rate. Petoskey's crime rate is 2 total number of crimes reported per 100,000 total population. The average age of residents in Petoskey is 41 years and the breakdown of political affiliations is 46.92% Democratic, 51.32% Republican, and 1.76% Independent.
Student teacher ratio 1:18
When looking at Petoskey, it's important to understand employment statistics. 13% of residents are unemployed in Petoskey (which does not include the percentage of residents who are no longer in the labor force). Of the employed Petoskey residents: 10.2% work in the management and business field, 20% are in the customer service field, 28% are in the sales field, 7.4% of employed residents work in the construction field, and 10.6% work in production. When it comes to education, the ratio of teachers to students is 1:18. The percentage of residents who have graduated high school is 87%, 10% of residents have an associate's degree, 18% of residents have a bachelor's degree, and 13% have a graduate degree.
If you plan on commuting to work in Petoskey, you should be aware that the average commute time is 15 minutes, compared to the national average commute time of 26 minutes. When it comes to commuting, residents of Petoskey have a few different options. 70% of commuters use their own cars, 14% of commuters carpool, 0% of commuters use the transit system, and 3% of residents work from home.
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