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Petoskey, MI (Michigan) Houses and Residents

Estimated median house or condo value in 2022: $286,107 (it was $123,100 in 2000)
Petoskey:

$286,107
Michigan:

$224,400
Lower value quartile - upper value quartile: $188,303 - $421,345

Mean price in 2022:

Detached houses: $445,829
Here:

$445,829
State:

$280,038

Townhouses or other attached units: $460,086
Here:

$460,086
State:

$239,520

In 3-to-4-unit structures: $386,892
Here:

$386,892
State:

$207,067

In 5-or-more-unit structures: $332,115
Here:

$332,115
State:

$192,733

Total population: 5,738 (All urban)

Houses: 3,248 (2,597 occupied: 1,496 owner occupied, 1,138 renter occupied)

% of renters here:

43%
State:

27%

Housing density: 647 houses/condos per square mile

Median price asked for vacant for-sale houses and condos in 2022 in this county: $169,561.

Median contract rent in 2022: $862 (lower quartile is $564, upper quartile is $1,026)


Median rent asked for vacant for-rent units in 2022: $8,207


Median gross rent in Petoskey, MI in 2022: $906

Housing units in Petoskey with a mortgage: 789 (85 second mortgage, 0 home equity loan, 89 both second mortgage and home equity loan)
Houses without a mortgage: 0

Median household income for houses/condos with a mortgage: $116,613

Median household income for apartments without a mortgage: $61,356

Median monthly housing costs: $964

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Petoskey, Michigan Age and Sex of Residents
Median year house/condo built: 1960

Median year apartment built: 1973

Household type by relationship:

Households: 5,845
  • Male householders: 1,293 (272 living alone), Female householders: 1,282 (644 living alone)
  • 1,095 spouses (1,095 opposite-sex spouses), 150 unmarried partners, (126 opposite-sex unmarried partners), 1,409 children (1,364 natural, 6 adopted, 37 stepchildren), 43 grandchildren, 34 brothers or sisters, 29 parents, 0 foster children, 49 other relatives, 164 non-relatives
  • In group quarters: 289

Size of family households: 621 2-persons, 451 3-persons, 101 4-persons, 156 5-persons, 90 6-persons, 10 7-or-more-persons.

Size of nonfamily households: 952 1-person, 229 2-persons, 31 4-persons.

730 married couples with children.
301 single-parent households (158 men, 143 women).

97.2% of residents of Petoskey speak English at home.
1.4% of residents speak Spanish at home (66% speak English very well, 34% speak English well).
1.0% of residents speak other Indo-European language at home (75% speak English very well, 25% speak English well).
0.1% of residents speak Asian or Pacific Island language at home (100% speak English very well).

Foreign born population: 116 (2.0%)
(49.1% of them are naturalized citizens)

Median number of rooms in houses and condos:
Here:

6.6
State:

6.5

Median number of rooms in apartments
Here:

4.0
State:

4.3

Owner-occupied Renter-occupied
Bedrooms in owner-occupied houses and condos in Petoskey, Michigan
  • Bedrooms in owner-occupied houses and condos in Petoskey, Michigan
  • 0no bedroom
  • 01 bedroom
  • 3322 bedrooms
  • 6763 bedrooms
  • 3864 bedrooms
  • 1035+ bedrooms
Bedrooms in renter-occupied apartments in Petoskey, Michigan
  • Bedrooms in renter-occupied apartments in Petoskey, Michigan
  • 12no bedroom
  • 2611 bedroom
  • 6362 bedrooms
  • 1833 bedrooms
  • 244 bedrooms
  • 225+ bedrooms
Owner-occupied Renter-occupied
Cars and other vehicles available in Petoskey in owner-occupied houses/condos
  • Cars and other vehicles available in Petoskey in owner-occupied houses/condos
  • 0no vehicle
  • 5121 vehicle
  • 7262 vehicles
  • 1593 vehicles
  • 364 vehicles
  • 635+ vehicles
Cars and other vehicles available in Petoskey in renter-occupied apartments
  • Cars and other vehicles available in Petoskey in renter-occupied apartments
  • 151no vehicle
  • 7041 vehicle
  • 2542 vehicles
  • 303 vehicles
  • 04 vehicles
  • 05+ vehicles
Owner-occupied Renter-occupied
Rooms in owner-occupied houses in Petoskey, Michigan
  • Rooms in owner-occupied houses in Petoskey, Michigan
  • 01 room
  • 02 rooms
  • 223 rooms
  • 974 rooms
  • 3265 rooms
  • 2846 rooms
  • 3137 rooms
  • 1718 rooms
  • 2839+ rooms
Rooms in renter-occupied apartments in Petoskey, Michigan
  • Rooms in renter-occupied apartments in Petoskey, Michigan
  • 121 room
  • 672 rooms
  • 2403 rooms
  • 4044 rooms
  • 2375 rooms
  • 346 rooms
  • 637 rooms
  • 438 rooms
  • 399+ rooms
Year house built
Median 2022 house/condo value by year built
Median house/condo value by year householder moved into unit
Breakdown of mean house values by ages of householders
Owners and renters by unit type in Petoskey, MI
  • Petoskey, MI household income distribution

  • Distribution of median household income in Petoskey, MI in 2022
  • 64Less than $10,000
  • 232$10,000 to $19,999
  • 167$20,000 to $29,999
  • 265$30,000 to $39,999
  • 167$40,000 to $49,999
  • 224$50,000 to $59,999
  • 257$60,000 to $74,999
  • 371$75,000 to $99,999
  • 209$100,000 to $124,999
  • 95$125,000 to $149,999
  • 210$150,000 to $199,999
  • 357$200,000 or more
  • Home value of owner - occupied houses in 2022 in Petoskey, MI

  • Distribution of house value in Petoskey, MI in 2022
  • 14$15,000 to $19,999
  • 6$25,000 to $29,999
  • 6$60,000 to $69,999
  • 6$70,000 to $79,999
  • 22$90,000 to $99,999
  • 91$100,000 to $124,999
  • 88$125,000 to $149,999
  • 110$150,000 to $174,999
  • 42$175,000 to $199,999
  • 284$200,000 to $249,999
  • 117$250,000 to $299,999
  • 428$300,000 to $399,999
  • 96$400,000 to $499,999
  • 180$500,000 to $749,999
  • 34$750,000 to $999,999
  • 33$1,000,000 to $1,499,999
  • 10$1,500,000 to $1,999,999
  • 11$2,000,000 or more
  • Rent paid by renters in 2022 in Petoskey, MI

  • Distribution of rent paid by renters in Petoskey, MI in 2022
  • 17Less than $100
  • 86$200 to $249
  • 11$250 to $299
  • 28$300 to $349
  • 11$350 to $399
  • 86$450 to $499
  • 15$500 to $549
  • 7$550 to $599
  • 41$600 to $649
  • 66$650 to $699
  • 40$700 to $749
  • 39$750 to $799
  • 138$800 to $899
  • 187$900 to $999
  • 159$1,000 to $1,249
  • 29$1,250 to $1,499
  • 67$1,500 to $1,999
  • 21$2,500 to $2,999
  • 31No cash rent
Time Leaving Home To Go To Work in 2022

Percentage of workers working in this county: 84.0%
Number of people working at home: 261 (7.7% of all workers)

Travel time (in minutes) to work in 2022

Travel time to work (commute)

  • Less than 5 minutes: 224
  • 5 to 9 minutes: 962
  • 10 to 14 minutes: 541
  • 15 to 19 minutes: 339
  • 20 to 24 minutes: 289
  • 25 to 29 minutes: 282
  • 30 to 34 minutes: 229
  • 35 to 39 minutes: 0
  • 40 to 44 minutes: 36
  • 45 to 59 minutes: 158
  • 60 to 89 minutes: 35
  • 90 or more minutes: 21
Means of transportation to work in 2022 - Petoskey

Means of transportation to work:

  • Drove a car alone: 8,553 (78.4%)
  • Carpooled: 1,012 (9.3%)
  • Bus: 14 (0.1%)
  • Taxi: 190 (1.7%)
  • Bicycle: 87 (0.8%)
  • Walked: 481 (4.4%)
  • Worked at home: 261 (2.4%)
Class of Workers in 2022
  • Unemployment by race in 2022
  • Unemployment rate for White non-Hispanic residents
  • 0.4%Males
  • 1.2%Females
  • Unemployment rate for Black residents
  • 51.4%Females
Year of entry for the foreign-born population in Petoskey, Michigan
  • Year of entry for the foreign-born population in Petoskey, Michigan
  • 432010 or later
  • 52000 to 2009
  • 21990 to 1999
  • 381980 to 1989
  • 481970 to 1979
  • 49Before 1970
Ancestries in Petoskey, MI

First ancestries reported:

  • German: 450 (20.5%)
  • English: 270 (12.3%)
  • Polish: 218 (9.9%)
  • American: 188 (8.6%)
  • Irish: 182 (8.3%)
  • European: 67 (3.1%)
  • Scottish: 64 (2.9%)
  • Czech: 48 (2.2%)
  • Danish: 48 (2.2%)
  • Dutch: 46 (2.1%)
  • French Canadian: 34 (1.5%)
  • Scandinavian: 33 (1.5%)
  • Italian: 32 (1.5%)
  • Swedish: 26 (1.2%)
  • Lithuanian: 24 (1.1%)
  • Scotch-Irish: 23 (1.0%)
  • French: 14 (0.6%)
  • Greek: 13 (0.6%)
  • Northern European: 13 (0.6%)
  • African: 12 (0.5%)
  • Eastern European: 8 (0.4%)
  • Welsh: 7 (0.3%)
  • Jamaican: 4 (0.2%)
  • British: 3 (0.1%)
  • Romanian: 1 (0.05%)
  • Russian: 1 (0.05%)

Most common places of birth for foreign-born residents (%):

Korea
Petoskey:

29.3% (34)
Michigan:

3.0% (20,884)

England
Petoskey:

28.4% (33)
Michigan:

0.9% (6,424)

Italy
Petoskey:

19.8% (23)
Michigan:

1.1% (7,792)

Canada
Petoskey:

7.8% (9)
Michigan:

5.0% (35,052)

Jamaica
Petoskey:

3.4% (4)
Michigan:

0.7% (4,645)

Place of birth for U.S.-born residents:

  • This state: 4,634
  • Other state: 949
  • Northeast: 94
  • Midwest: 440
  • South: 295
  • West: 117

87.9% of Petoskey residents lived in the same house 1 years ago.
   Out of people who lived in different houses, 36.8% lived in this county.
   Out of people who lived in different counties, 94.7% lived in Michigan.


Petoskey:

87.9%
State average:

88.4%

Education attainment for males 25 years and older:

  • No schooling: 7
  • Nursery to 4th grade: 0
  • 5th and 6th grade: 0
  • 7th and 8th grade: 6
  • 9th grade: 1
  • 10th grade: 6
  • 11th grade: 13
  • 12th grade, no diploma: 51
  • High school graduate (or equivalency): 339
  • Less than 1 year of college: 54
  • Some college more than 1 year, no degree: 302
  • Associate degree: 172
  • Bachelor's degree: 552
  • Master's degree: 196
  • Professional school degree: 158
  • Doctorate degree: 36
Educational Attainment for Males

Education attainment for females 25 years and older:

  • No schooling: 0
  • Nursery to 4th grade: 0
  • 5th and 6th grade: 0
  • 7th and 8th grade: 5
  • 9th grade: 12
  • 10th grade: 18
  • 11th grade: 2
  • 12th grade, no diploma: 59
  • High school graduate (or equivalency): 424
  • Less than 1 year of college: 143
  • Some college more than 1 year, no degree: 283
  • Associate degree: 158
  • Bachelor's degree: 628
  • Master's degree: 564
  • Professional school degree: 6
  • Doctorate degree: 32
Educational Attainment for Females
Petoskey marital status for males
Petoskey marital status for females

Housing units in structures:

  • One, detached: 1,729
  • One, attached: 122
  • Two: 346
  • 3 or 4: 236
  • 5 to 9: 371
  • 10 to 19: 348
  • 20 to 49: 53
  • 50 or more: 40
Housing units lacking complete plumbing facilities in 2022: 0.3%

Housing units lacking complete kitchen facilities in 2022: 0.6%

House/condo owner moved in on average 9 years ago

Renter moved in on average 2 years ago

Year householders moved into residence in Petoskey
Houses and condos Apartments
Most commonly used house heating fuel in houses and condos in Petoskey, MI
  • 86.7%Utility gas
  • 9.1%Electricity
  • 2.2%Bottled, tank, or LP gas
  • 1.0%Other fuel
  • 1.0%Wood
Most commonly used house heating fuel in apartments in Petoskey, MI
  • 60.1%Utility gas
  • 35.8%Electricity
  • 3.2%Bottled, tank, or LP gas
  • 0.9%Other fuel

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 79
Here:

16.4%
Michigan:

12.4%

Students in private schools in grades 9 to 12 (high school): 0
Here:

0.0%
Michigan:

9.8%

Students in private undergraduate colleges: 46
Here:

20.9%
Michigan:

14.9%
School Enrollment by Level of School for Male Students
School Enrollment by Level of School for Female Students
Age and Sex of Sensory-Disabled Noninstitutionalized Residents
Age and Sex of Physically-Disabled Noninstitutionalized Residents
Age and Sex of Mentally-Disabled Noninstitutionalized Residents
Age and Sex of Self-Care Disabled Noninstitutionalized Residents
Age and Sex of Go-Outside-Home Disabled Noninstitutionalized Residents
Age and Sex of Noninstitutionalized Residents with Employment Disability