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
Views & ‘Ventures Around Northwest Michigan
Northwest Michigan offers a wealth of rich views and outdoor activities.
Align with the Arts
Northwest Michigan communities burst with must-see arts and culture attractions.
Discover Northwest Michigan
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
Northwest Michigan is Well Trained
Specialized programs supply the region’s industries with skilled talent.
How Northwest Michigan is Breaking Boundaries in Business
Northwest Michigan invests in innovators and entrepreneurs.
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.