Groundwork

Beauty and personal care · Small-town market · Michigan

Hair salons in the Petoskey, MI area

How the Petoskey, MI area compares with other small-town markets and the U.S. for hair salons: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 34 out of 100: Lower middle

Ranked #452 of 538 scored small-town markets
#18 of 18 scored small-town markets based in Michigan

Listings
47
10 chain locations (21%)
Official establishments
11
Businesses with payroll, 2023
Household spending a year
$15.7M
On personal care products and services · $1,031 a household
Spending per listing
$333K
23% below the U.S.
Listings per 10k households
30.9
32% above the U.S.
Population, 2025
33,775
−1.0% since 2020

See the hair salons around any address in the Petoskey area

The site report maps the hair salons 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.

Free10 actions over 3 days, no card

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

What this means

The Groundwork market score for hair salons in the Petoskey area is 34 (lower middle), #452 of 538 scored small-town markets and #18 of 18 scored small-town markets based in Michigan. That puts it in the bottom quarter of small-town markets.

As of September 2026, map listings count 47 hair salons in the Petoskey area. Chain locations make up 21% of them, against 14% across the U.S. That comes to 30.9 for every 10,000 households, 32% above the U.S. rate of 23.4.

At $1,031 per household (3% above the U.S. average), households in the Petoskey area spend about $15.7M a year on personal care products and services. Spread across 47 hair salons, that is $333K per salon, 23% below the U.S. figure of $430K. That spending covers all personal care products and services, which hair salons share with other businesses in the trade.

The official count of businesses with payroll classed as beauty salons in the Petoskey area was 11 in 2023. That is one for every 1,381 households, against one for every 1,535 across the U.S. Since fiscal 2022, 1 SBA-backed loan worth $55K has gone to businesses classed as beauty salons in the Petoskey area. Population estimates put the population change in the Petoskey area from 2020 to 2025 at −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 personal care products and services by the hair salons counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Hair salons in Petoskey, MI area compared with Michigan and the U.S.
MeasurePetoskey areaMichiganU.S.
Listings per 10k households30.921.223.4
Spending per listing$333K$464K$430K
Households per official establishment1,3811,8791,535
Official establishment growth, 2019–2023n/a+3.0%+6.0%
Population growth, 2020–2025−1.0%+0.6%+3.1%
Spending per household on personal care products and services$1,031$986$1,005
Median household income$78,112$72,875$80,734
Groundwork market score3449

Official counts and lending

Businesses

Official establishments, 2019 to 2023
11
Employees, 2023
60
Annual payroll, 2023
$2.9M
One-person businesses, 2023
55Businesses with no payroll
Map listings, September 2026
4710 chain locations
Listings at the U.S. rate for this spending
36The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$55K

SBA-backed loans to businesses classed as beauty salons 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 hair salons 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.

Free10 actions over 3 days, no card

Hair salons across Michigan

Every Michigan market ranked →

The highest-scoring small-town markets in Michigan for hair salons, numbered among those based in Michigan (a market based in another state is listed without a number), with the Petoskey area marked.

Top small-town markets in Michigan

Small-town markets in Michigan ranked for hair salons by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Holland, MI805812.7$807K+2.1%#11 of 538
2Houghton, MI802214.2$628K+1.8%#12 of 538
3Coldwater, MI653118.3$486K+2.5%#94 of 538
4Big Rapids, MI632716.2$535K+4.7%#118 of 538
5Marquette, MI624917.3$522K+2.3%#127 of 538
6Adrian, MI627118.3$516K−1.6%#128 of 538
7Hillsdale, MI623217.9$505K0.0%#130 of 538
8Alma, MI582617.6$508K−1.1%#170 of 538
Marinette, WI-MI575418.4$480K+0.3%#186 of 538
9Owosso, MI575720.3$455K−0.4%#188 of 538
18Petoskey, MI344730.9$333K−1.0%#452 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 hair salons are in the Petoskey, MI area?

The Petoskey area has 47 hair salons on map listings as of September 2026. 10 of them (21%) are chain locations. The listings count hair and beauty salons. Official counts show 11 businesses with payroll classed as beauty salons in 2023. Official counts list 55 one-person businesses without payroll.

How much do households in the Petoskey, MI area spend on personal care products and services?

About $15.7M a year, or $1,031 per household. That is 3% above the U.S. average (an index of 103, where 100 is the U.S. average). Spread across the 47 hair salons on map listings, it comes to $333K per salon. The spending figure covers all personal care products and services, not only hair salons. 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 hair salons?

The Petoskey area has 30.9 hair salons per 10,000 households, 32% above the U.S. rate of 23.4. Spending per salon is $333K, 23% below the U.S. figure of $430K. At the national ratio of hair salons to household spending, the Petoskey area would have about 36, against 47 on map listings. There is one business with payroll in the industry for every 1,381 households, against one for every 1,535 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 34 for hair salons (lower middle), #452 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 hair salons 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 hair salons · 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.