Also See: Petoskey, MI ZIP Codes & ZIP Code Maps
The City of Petoskey had a population of 5,649 as of July 1, 2020.
The primary coordinate point for Petoskey is located at latitude 45.3733 and longitude -84.9553 in Emmet County. The formal boundaries for the City of Petoskey encompass a land area of 5.11 sq. miles and a water area of 0.2 sq. miles. Emmet County is in the Eastern time zone (GMT -5). The elevation is 666 feet.
The City of Petoskey (GNIS ID: 1626898) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
|Total Population||5,649 (100%)|
|Population in Households||5,370 (95.1%)|
|Population in Families||3,667 (64.9%)|
|Population in Group Quarters1||279 ( 4.9%)|
|Median Household Income||$49,061|
|Average Household Income||$77,108|
|% of Income for Mortgage4||16%|
|Per Capita Income||$34,737|
|Total HU (Housing Units)||3,446 (100%)|
|Owner Occupied HU||1,156 (33.5%)|
|Renter Occupied HU||1,395 (40.5%)|
|Vacant Housing Units||895 (26.0%)|
|Median Home Value||$189,899|
|Average Home Value||$286,246|
|Housing Affordability Index3||141|
|Average Household Size||2.11|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||0.7%|
|Per Capita Income||0.86%|
|Owner Occupied HU||0.03%|
The table below compares Petoskey to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 165||76th|
|Population Density||# 292||58th|
|Median Household Income||# 417||40th|
|Housing Affordability Index||# 54||8th|
|Per Capita Income||# 131||81st|
|Diversity Index||# 227||67th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.