Groundwork

Groceries and convenience · Small-town market · Michigan

Grocery and convenience stores in the Petoskey, MI area

The grocery and convenience stores in the Petoskey, MI area, the household spending behind them and how the market ranks against other small-town markets.

Groundwork market score · out of 100

Score 28 out of 100: Lower middle

Ranked #466 of 538 scored small-town markets
#17 of 18 scored small-town markets based in Michigan

Listings
61
15 chain locations (25%)
Official establishments
17
Businesses with payroll, 2023
Household spending a year
$94M
On groceries · $6,185 a household
Spending per listing
$1.5M
55% below the U.S.
Listings per 10k households
40.2
2.2 times the U.S.
Population, 2025
33,775
−1.0% since 2020

See the grocery and convenience stores around any address in the Petoskey area

The site report maps the grocery and convenience stores on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Petoskey area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

The Petoskey area scores 28 (lower middle) on the Groundwork market score for grocery and convenience stores, ranking #466 of 538 scored small-town markets and #17 of 18 scored small-town markets based in Michigan. That puts it in the bottom quarter of small-town markets.

Household spending on groceries in the Petoskey area comes to about $94M a year: $6,185 per household, 2% below the U.S. average. Spread across 61 grocery and convenience stores, that is $1.5M per store, 55% below the U.S. figure of $3.4M.

The Petoskey area has 61 grocery and convenience stores on map listings as of September 2026. Chain locations make up 25% of them, against 42% across the U.S. Per 10,000 households, that is 40.2, 2.2 times the U.S. rate of 18.7.

Official counts show 17 businesses with payroll classed as grocery and convenience stores in the Petoskey area in 2023. That is one for every 894 households, against one for every 1,293 across the U.S. Between 2020 and 2025, the population of the Petoskey area declined 1.0%, against +3.1% for the U.S.

How the Petoskey area compares

The same measures for Michigan and the whole U.S. Spending per listing divides a year of household spending on all groceries by the grocery and convenience stores counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Grocery and convenience stores in Petoskey, MI area compared with Michigan and the U.S.
MeasurePetoskey areaMichiganU.S.
Listings per 10k households40.217.318.7
Spending per listing$1.5M$3.5M$3.4M
Households per official establishment8941,6131,293
Official establishment growth, 2019–2023n/a+0.2%+7.2%
Population growth, 2020–2025−1.0%+0.6%+3.1%
Spending per household on groceries$6,185$6,009$6,319
Median household income$78,112$72,875$80,734
Groundwork market score2847

Official counts and lending

Businesses

Official establishments, 2019 to 2023
17
Employees, 2023
352
Annual payroll, 2023
$12M
One-person businesses, 2023
3Businesses with no payroll
Map listings, September 2026
6115 chain locations
Listings at the U.S. rate for this spending
28The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as grocery and convenience stores in the Petoskey area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Petoskey area

Population, 2025 estimate
33,775−1.0% since 2020
Households
15,190
Median age
46.1
Homes lived in by their owners
77%
Vehicles per household
1.9
Land area
468 sq. mi.
People per square mile
73
Median household income
$78,112
Average household income
$109,768
Median home value
$315,700
Jobs located here
15,430
Daytime population
36,226Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Petoskey area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the grocery and convenience stores on map listings by name and distance.

Or open the report at the center of the Petoskey area. Signed out, you see a blurred preview; on an account, each report is one action.

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Grocery and convenience stores across Michigan

Every Michigan market ranked →

The highest-scoring small-town markets in Michigan for grocery and convenience stores, numbered among those based in Michigan, with the Petoskey area marked.

Top small-town markets in Michigan

Small-town markets in Michigan ranked for grocery and convenience stores by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Hillsdale, MI733117.4$3.3M0.0%#50 of 538
2Holland, MI729921.7$2.9M+2.1%#60 of 538
3Adrian, MI696216.0$3.7M−1.6%#86 of 538
4Owosso, MI684415.6$3.7M−0.4%#97 of 538
5Marquette, MI646221.9$2.6M+2.3%#136 of 538
6Coldwater, MI583822.5$2.5M+2.5%#205 of 538
7Big Rapids, MI573420.3$2.7M+4.7%#216 of 538
8Alma, MI562617.6$3.2M−1.1%#224 of 538
9Sturgis, MI554519.1$3M+0.1%#237 of 538
10Iron Mountain, MI-WI493625.5$2.2M+0.4%#296 of 538
17Petoskey, MI286140.2$1.5M−1.0%#466 of 538

Other business types in the Petoskey area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many grocery and convenience stores are in the Petoskey, MI area?

Map listings as of September 2026 show 61 grocery and convenience stores in the Petoskey area. 15 of them (25%) are chain locations. The listings count grocery, convenience and specialty food stores. Official counts show 17 businesses with payroll classed as grocery and convenience stores in 2023. Official counts list 3 one-person businesses without payroll.

How much do households in the Petoskey, MI area spend on groceries?

About $94M a year, or $6,185 per household. That is 2% below the U.S. average (an index of 98, where 100 is the U.S. average). Spread across the 61 grocery and convenience stores on map listings, it comes to $1.5M per store. It is estimated from the incomes of the 15,190 households in the Petoskey area and national spending patterns by income.

How does the Petoskey, MI area compare with the U.S. for grocery and convenience stores?

The Petoskey area has 40.2 grocery and convenience stores per 10,000 households, 2.2 times the U.S. rate of 18.7. Spending per store is $1.5M, 55% below the U.S. figure of $3.4M. At the U.S. ratio of grocery and convenience stores to household spending, the Petoskey area would have about 28, against 61 on map listings. There is one business with payroll in the industry for every 894 households, against one for every 1,293 across the U.S.

How fast is the Petoskey, MI area growing?

Population estimates put the Petoskey area at 33,775 people in 2025, down 1.0% since 2020, against +3.1% for the U.S. It has 15,190 households. The median household income in the Petoskey area is $78,112 a year, 3% below the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Petoskey area scores 28 for grocery and convenience stores (lower middle), #466 of 538 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Petoskey area. It maps the grocery and convenience stores on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for grocery and convenience stores · All 56 business types in the Petoskey area

Screening a site or an acquisition in the Petoskey area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Petoskey area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.