Petoskey is a somewhat small city located in the state of Michigan. With a population of 5,719 people and four constituent neighborhoods, Petoskey is the 182nd largest community in Michigan.
Petoskey real estate is some of the most expensive in Michigan, although Petoskey house values don't compare to the most expensive real estate in the U.S.
Petoskey is a decidedly white-collar city, with fully 91.49% of the workforce employed in white-collar jobs, well above the national average. Overall, Petoskey is a city of professionals, service providers, and sales and office workers. There are especially a lot of people living in Petoskey who work in office and administrative support (11.61%), management occupations (11.61%), and food service (10.85%).
A relatively large number of people in Petoskey telecommute to their jobs. Overall, about 8.04% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Compared to the rest of the country, citizens of Petoskey spend much less time in their cars: on average, their commute to work is only 14.07 minutes. This also means that noise and pollution levels in the city are less than they would otherwise be.
As is often the case in a small city, Petoskey doesn't have a public transportation system that people use for their commute.
The education level of Petoskey ranks among the highest in the nation. Of the 25-and-older adult population in Petoskey, 42.86% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Petoskey in 2010 was $40,660, which is wealthy relative to Michigan and the nation. This equates to an annual income of $162,640 for a family of four. However, Petoskey contains both very wealthy and poor people as well.
The people who call Petoskey home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Petoskey residents report their race to be White, followed by Native American. Important ancestries of people in Petoskey include English, Irish, Polish, and Dutch.
The most common language spoken in Petoskey is English. Other important languages spoken here include Spanish and German.