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Petoskey, MI 49770 has a population of approximately 17,062 and experiences a population change rate of 9.89%. The population density is 155.6 / sq mi .
The median household income for Petoskey, MI 49770 is $68,396, with 7,305 households and an average household size of 2.34.
The median value of a home in Petoskey, MI 49770 is $335,500 with an appreciation rate of 21.40%. 51.29% of housing in the state is owned while 21.93% is rented.
The cost of living in Petoskey, MI 49770 is 92.9 %.
The unemployment rate in Petoskey, MI 49770 is 6.60%, and recent job growth is at -4.61%. Future job growth is projected at 16.40%.
The sales tax rate in Petoskey, MI 49770 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Petoskey, MI 49770 are $13,366, and the school ratio is 14.9:1.
The average high temperature in July is 77.8 degrees, with an average low temperature in January of 13.6 degrees. The average rainfall is approximately 32.9 inches per year, with 111.4 inches of snow per year.
