Petoskey, MI Employment - Median Household Income, Unemployment Rate

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B

46%

Income/capita NAT. AVG.

5%

Household income NAT. AVG.

76%

Unemployment NAT. AVG.

Index	Petoskey	Michigan	National
Income per capita	$65,569	$40,534	$44,883
Median household income	$85,592	$74,200	$81,333
Median income owner occupied	$110,873	$92,757	$106,172
Median income renter occupied	$50,464	$42,775	$52,080
Median earnings male	$49,987	$52,653	$54,343
Median earnings female	$39,724	$34,413	$38,439
Unemployment rate	1.2%	5.5%	4.9%
Poverty level	8.0%	16.3%	15.1%

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Key findings

The income per capita in Petoskey is 46% higher than the national average
The median household income in Petoskey is 5% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Petoskey is 76% lower than the national average
The poverty level in Petoskey is 47% lower than the national average

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am i middle class

$57,055 $85,592 $171,184

City

$49,461 $74,200 $148,400

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Petoskey median earnings by income bracket

Petoskey employment by industry

Labour Type	Male	Female
Construction industry	7.8%	7.8%
Manufacturing sector	12.6%	12.6%
Financial & insurance services	1.2%	1.2%
Wholesale & retail services	19.8%	19.8%
Public administration	1.6%	1.6%
Transportation, warehousing & utilities	5.8%	5.8%
Education, health & social services	10.1%	10.1%
Other	41.2%	41.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Advance, MI	380	$143,421	76.3%
Walloon Lake, MI	318	$105,236	29.4%
Horton Bay, MI	468	$94,420	16.1%
Ellsworth, MI	347	$90,447	11.2%
Brutus, MI	104	$88,700	9.1%
Petoskey, MI	5,865	$85,592	5.2%

Cities with similar population

City	Population	Household Income	National Avg.
Oceanport, NJ	5,865	$158,275	94.6%
Marion, VA	5,865	$43,613	46.4%
Gardiner, ME	5,863	$77,025	5.3%
Spring Grove, IL	5,867	$190,360	134.1%
Fort Rucker, AL	5,862	$91,709	12.8%
Petoskey, MI	5,865	$85,592	5.2%

Source: The Petoskey, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.