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Petoskey, MI

Looking to move to Petoskey, MI? You’ve come to the right place. Livability helps people find their perfect places to live, and we’ve got everything you need to know to decide if moving to Petoskey, MI is right for you.

Let’s start with the basics: Petoskey, MI has a population of 5502. What about cost of living in Petoskey, MI? The median income in Petoskey, MI is $71,098 and the median home value is $267,801.

Read on to learn more about Petoskey, MI, and if you’d like some tips and advice for making your big move, check out our Make Your Move page, where you’ll find all kinds of stories and insights including How to Start Over in a New City, Tips for Getting to Know a New City Before You Move and so much more.

Weather in Petoskey, MI

Average Temperatures

52 high / 35 low

Average Annual Rainfall

33 in

Average Annual Snowfall

129 in

Quick Facts about Petoskey, Michigan

Median Home Value
$267,801
Median Property Tax
$3,196
Total Population
5,502
Average Commute
12 min
Median Household Income
$71,098
Median Monthly Rent
$910

Map of Petoskey, MI

Experiences & Adventures in Petoskey, MI

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The 10-county Northwest Michigan region offers a vibrant economy and standout quality of life set among some of the nation’s most spectacular natural features. 

Education, Careers and Opportunity in Petoskey, MI

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Data used on Livability.com is provided from the most recent release (November 2025) by Applied Geographic Solutions (AGS). Our LivScore is calculated in partnership with AGS. Sales tax sources: Sales Tax Clearinghouse, Tax Foundation, and State Revenue Departments. Local rates are population-weighted to account for municipal variations.

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