Groundwork

Small-town market profile · Michigan

Petoskey, MI area market data

Population, household spending and competition for 56 business types in the Petoskey area, each scored against other small-town markets.

Population, 2025
33,775
−1.0% since 2020
Households
15,190
Median household income
$78,112
Median home value
$315,700
Jobs located here
15,430
Highest market score
72
Nail salons, #42 of 387 scored small-town markets

A site report maps the competitors on map listings around any address in the Petoskey area by name and distance, and the households and spending within reach. 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

An estimated 33,775 people live in the Petoskey area, in 15,190 households. Population estimates put the population change in the Petoskey area from 2020 to 2025 at −1.0%, against +3.1% for the U.S. The median household income in the Petoskey area is $78,112 a year, 3% below the U.S. median of $80,734.

Set against the U.S., households in the Petoskey area spend the most on vehicle maintenance and repairs (an index of 115, where 100 is the U.S. average) and the least on child care and other personal services (77).

The highest Groundwork market scores in the Petoskey area are for nail salons (72), pet grooming and boarding businesses (66) and barbershops (61). The Petoskey area ranks #42 of 387 scored small-town markets for nail salons.

The Petoskey area is made up of one county, Emmet County. For its number of households, the Petoskey area has the most map listings, relative to the U.S., for bakeries and dessert shops (3.9 times the U.S. rate) and the fewest for auto repair and car care businesses (9% above the U.S. rate).

All 56 business types in the Petoskey area

Highest Groundwork market score first. Each score compares the Petoskey area with other small-town markets for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Petoskey, MI area, highest Groundwork market score first, with its rank among small-town markets, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among small-town marketsListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Nail salons72#42 of 38753.3$3.1M187Under 3
Pet grooming and boarding66#77 of 38763.9$2.2M88Under 3
Barbershops61#120 of 37774.6$2.2M119Under 3
Martial arts and dance studios57#138 of 37863.9$2.5M1235
Veterinarians57#148 of 39863.9$2.2M825
Child care and preschools54#196 of 45474.6$968K979
Fast food and sandwich shops51#274 of 5372617.1$2.4M7828
Auto repair and car care50#268 of 5385938.8$285K10633
Auto repair shops49#290 of 5383623.7$467K10523
Pet businesses46#326 of 5272315.1$584K678
Pizza44#318 of 5202013.2$3.1M6128
Primary care and pediatrics42#299 of 458138.6$1.7M9666
Optometrists and eye care41#274 of 40095.9$2.5M795
Gas stations41#369 of 5362617.1$1.6M6719
Gyms40#358 of 5061711.2$873K675
Convenience stores38#389 of 5292617.1$3.6M46Under 3
Chiropractors37#317 of 426138.6$1.7M729
Yoga, Pilates and fitness studios34#95 of 112127.9$1.2M305
Pet stores34#175 of 22063.9$2.2M493
Hair salons34#452 of 5384730.9$333K7711
Salons, barbers and spas33#461 of 5388857.9$178K8416
Physical therapy32#329 of 400149.2$1.6M6611
Coffee shops and cafes32#457 of 5292617.1$2.4M6414
Spas and skin care31#441 of 5042818.4$559K644
Gyms, studios and classes31#463 of 5353523.0$424K6410
Roofing and gutters30#250 of 28885.3$5.4M6410
Car washes and detailing30#376 of 441117.2$1.5M614
HVAC and plumbing29#434 of 476159.9$2.9M6026
Doctors, dentists and clinics29#463 of 538178117.2$125K82113
Grocery and convenience stores28#466 of 5386140.2$1.5M4517
Dentists and orthodontists27#474 of 5263019.7$743K7622
Restaurants and cafes27#479 of 538320210.7$192K5294
Sit-down restaurants27#490 of 53814696.1$422K6450
Clothing, shoes and laundry26#469 of 5368958.6$351K4028
Clothing and shoe stores26#473 of 5367046.1$446K3528
Bakeries and dessert shops26#475 of 5075838.2$1.1M2617
Grocery stores25#450 of 5062113.8$4.5M4815
Home repair trades25#504 of 5263523.0$1.2M5160
Property management24#172 of 180106.6Index only4010
Electricians24#277 of 295127.9$3.6M3024
Insurance agencies24#471 of 5372617.1$973K7817
Real estate agents and brokers23#526 of 5339361.2Index only4322
Real estate22#532 of 53610669.8Index only4839
Landscaping and lawn care19#393 of 3992315.1$847K2950
Lawn, cleaning and pest control19#472 of 4813321.7$590K3569
House cleaning18#141 of 14295.9$2.2M3419
Tire shopsNot scoredNot scored42.6$4.2M1683
LaundromatsNot scoredNot scored32.0$10.4M83Under 3
Collision repair and body shopsNot scoredNot scored21.3$8.4MToo few5
Funeral homesNot scoredNot scored21.3$1.2MToo few3
Mortgage brokers and lendersNot scoredNot scored21.3Index onlyToo fewUnder 3
Urgent care and walk-in clinicsNot scoredNot scored21.3$11.1MToo fewUnder 3
Dry cleanersNot scoredNot scored10.7$31.2MToo fewUnder 3
Home inspectorsNot scoredNot scored10.7Index onlyToo fewUnder 3
Oil change and quick lubeNot scoredNot scored10.7$16.8MToo fewUnder 3
Pest controlNot scoredNot scored10.7$19.5MToo fewUnder 3

Household spending in the Petoskey area

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Petoskey, MI area by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$16.8M$1,106115
Gasoline and other fuels$41.8M$2,753106
Food away from home$61.6M$4,054100
Groceries$94M$6,18598
Personal care products and services$15.7M$1,031103
Child care and other personal services$6.8M$44677
Memberships, classes and admissions$14.8M$97799
Medical and dental services$22.3M$1,467114
Pets$13.4M$88597
Clothing, shoes and related services$31.2M$2,056100
Vehicle insurance$25.3M$1,66685
Home repairs, maintenance and insurance$43.2M$2,84194
Lawn care, cleaning and other household services$19.5M$1,28291
Rent and homeowner costs$220.4M$14,50987

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

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 competitors on map listings by name and distance, for any of the 56 business types.

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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Questions

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.

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

Households in the Petoskey area spend about $220.4M a year on rent and homeowner costs, $94M on groceries and $61.6M on food away from home. Relative to the U.S., household spending in the Petoskey area runs highest on vehicle maintenance and repairs (an index of 115, where 100 is the U.S. average) and lowest on child care and other personal services (77).

Which business types have the highest market scores in the Petoskey, MI area?

Of the business types scored in the Petoskey area, nail salons (72), pet grooming and boarding businesses (66) and barbershops (61) have the highest Groundwork market scores. For nail salons, that ranks #42 of 387 scored small-town markets.

How does the Petoskey, MI area compare with the U.S.?

Median household income in the Petoskey area is $78,112, 3% below the U.S. median of $80,734. The population fell 1.0% from 2020 to 2025, against +3.1% for the U.S. The median home value is $315,700, against $332,700 for the U.S. Against the U.S., map listings per household run highest for bakeries and dessert shops (3.9 times the U.S. rate) and lowest for auto repair and car care businesses (9% above the U.S. rate).

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. 46 of the 56 business types have a score in the Petoskey area, each ranked against other 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 competitors 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.

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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.