Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

87 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,262

Average Rent as Percentage of Gross Income

Median rent for 2018: $647

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $11,949
--Home Prepared Food $6,733
--Restaurant/Takeaway Food $5,216
Alcoholic Beverages $877
Housing $30,286
--Rent/Mortgage/Upkeep/Taxes $17,709
--Utilities $6,105
--Operations $2,300
--Supplies $1,126
--Furnishings $3,058
Apparel $2,809
--Men & Boys $628
--Women & Girls $1,138
--Children < 2 $12
--Footwear $593
Transportation $14,710
--New Vehicles $2,750
--Used Vehicles $3,141
--Fuel $3,177
--Insurance $1,470
--Public Transit $1,233
Healthcare $7,492
Entertainment $4,860
--Pets $996
--Toys $237
Personal Care Products $1,162
Books & Literature $166
Education $2,122
Tobacco Products $522
Miscellaneous $1,494
Retirement $2,845
Non-health Insurance $11,000
Total Expenditures $92,293

Selected Population Data

Period Geography Population
2014 Petoskey city, Michigan 5,705
2015 Petoskey city, Michigan 5,725
2016 Petoskey city, Michigan 5,731
2017 Petoskey city, Michigan 5,696
2018 Petoskey city, Michigan 5,707