| ECONOMY | Petoskey | Newberry | United States |
| Unemployment Rate | 11.60% | 10.30% | 8.60% |
| Recent Job Growth | -2.44% | -4.32% | 0.35% |
| Future Job Growth | 23.52% | 21.06% | 32.10% |
| Sales Taxes | 6.00% | 6.00% | 5.00% |
| Income Taxes | 4.35% | 4.35% | 4.70% |
| Income per Cap. | $24,888 | $19,605 | $26,154 |
| Household Income | $39,072 | $31,759 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | | |
| Income Less Than 15K | 18.22% | 22.41% | 12.37% |
| Income between 15K and 25K | 13.75% | 17.23% | 10.53% |
| Income between 25K and 35K | 12.25% | 15.70% | 10.88% |
| Income between 35K and 50K | 19.80% | 18.75% | 15.37% |
| Income between 50K and 75K | 16.76% | 16.77% | 20.14% |
| Income between 75K and 100K | 9.59% | 6.10% | 12.41% |
| Income between 100K and 150K | 5.70% | 2.44% | 11.27% |
| Income between 150K and 250K | 2.27% | 0.30% | 5.01% |
| Income between 250K and 500K | 1.50% | 0.61% | 1.86% |
| Income greater than 500K | 0.15% | 0.00% | 0.16% |
| POPULATION BY OCCUPATION | | | |
| Management, Business, and Financial Operations | 10.80% | 4.81% | 14.04% |
| Professional and Related Occupations | 25.15% | 16.11% | 20.61% |
| Service | 19.10% | 33.89% | 14.45% |
| Sales and Office | 26.79% | 25.72% | 26.75% |
| Farming, Fishing, and Forestry | 0.27% | 2.40% | 0.70% |
| Construction, Extraction, and Maintenance | 7.59% | 7.45% | 9.42% |
| Production, Transportation, and Material Moving | 10.32% | 9.38% | 14.05% |
