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 89.20% of the workforce employed in white-collar jobs, well above the national average. Overall, Petoskey is a city of sales and office workers, professionals, and service providers. There are especially a lot of people living in Petoskey who work in office and administrative support (13.74%), management occupations (13.00%), and sales jobs (12.20%).
A relatively large number of people in Petoskey telecommute to their jobs. Overall, about 8.09% 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.
One of the benefits of Petoskey is that there is very little traffic. The average commute to work is 14.92 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.
The citizens of Petoskey are among the most well-educated in the nation: 41.87% of adults in Petoskey have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Petoskey in 2010 was $41,112, which is wealthy relative to Michigan and the nation. This equates to an annual income of $164,448 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.