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Petoskey, MI

View of Petoskey, MI
Image credit: Todd Van Hoosear / CC BY-SA 2.0
Population
5,772
U.S. Census Population Estimates Program · 2025
Elevation
669 ft
Median Home Value
$364,100
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$1,006/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$74,196
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

Highlights

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OverallBest places in MichiganPopulation rankingHighest population places in MichiganNearest larger communityTraverse City, Michigan51 miles away · 15,832 residents.

About Petoskey

Set along the shores of Little Traverse Bay in Northern Michigan, Petoskey offers a classic lakeside setting with a population of roughly 6,000. The town is famous for its historic Gaslight District, waterfront parks, and beach days spent hunting for fossilized Petoskey stones. With Harbor Springs sitting right across the bay, residents enjoy easy access to everything from summer boating and swimming to winter skiing at nearby resorts.

Petoskey Michigan Panorama Looking North US131

Everyday life here is convenient because Petoskey serves as the main service hub for the area. Families have access to a well-regarded public school district alongside Montessori education, and the town is home to North Central Michigan College and a major regional hospital. Between the quiet neighborhoods, local shops, and scenic trails along the Bear River, it offers an approachable, year-round Northern Michigan lifestyle.

Top Rating Signals

Highest current ratings for this town.

Lower County Wildfire Hazard Potential ClassA+100.0ratingLower FEMA County Drought Risk IndexA+100.0ratingLower Projected Late-Century County-Area Exposure to Sea-Level RiseA+100.0rating

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