Petoskey at a Glance
Population
5,859
Median Home Value
$256,400
Nat'l avg: $281,900
Median Rent
$894
Nat'l avg: $1,163
Median Income
$69,784
Nat'l avg: $74,580
Violent Crime
2.6 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Petoskey
Dive deeper into Petoskey with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Petoskey ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Petoskey
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Petoskey
Young Professionals
Best neighborhoods for career starters in Petoskey
Retiree Neighborhoods
Best neighborhoods for retirees in Petoskey
Living In Guide
Complete guide to life in Petoskey — cost, safety, schools & more
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About Petoskey
Petoskey, Michigan, is a true gem, offering a lifestyle that feels worlds away from the hustle and bustle, yet remains surprisingly accessible. Imagine waking up to fresh air and stunning views, all while enjoying a cost of living that's significantly lower than the national average. With a median home value of around $256,400, you can find a charming home without breaking the bank. The town has a population of just under 6,000, cultivating a close-knit community feel. It's a place where you can stroll along the waterfront, explore unique boutiques, and savor delicious local cuisine. From an investment perspective, Petoskey presents a compelling opportunity. While the median household income hovers around $69,784, slightly below the national average, the affordability of real estate makes this a sound location. The local economy is stable, supported by tourism and a diverse range of industries. The area is known for its exceptionally low crime rates, making it an ideal choice for families and those seeking a safe and peaceful environment. Whether you're considering a vacation home, a retirement retreat, or a year-round residence, Petoskey offers a unique blend of natural beauty, affordability, and a welcoming community that's hard to resist.