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2024 Compare Cities Economy:
Petoskey, MI vs Spirit Lake, ID

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Highlights
- Household income in Spirit Lake, is 10% less than it is in Petoskey and is 27% below the National Average.
- Petoskey unemployment rate is 7.5%.
- Spirit Lake unemployment rate is 5.0%.

Economy
 Petoskey, MISpirit Lake, IDUnited States
 Unemployment Rate7.5%5.0%6.0%
 Recent Job Growth0.7%3.0%1.6%
 Future Job Growth24.2%45.1%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes4.3%6.9%4.6%
 Income per Cap.$46,834$25,194$37,638
 Household Income$60,054$54,226$69,021
 Family Median Income$79,952$57,933$85,028
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 Est. Households By Income
 Petoskey, MISpirit Lake, IDUnited States
 Income Less Than 15K9.9%5.8%9.4%
 Income between 15K and 20K2.6%2.1%3.8%
 Income between 20K and 30K8.4%7.2%8.1%
 Income between 30K and 40K10.5%11.9%8.0%
 Income between 40K and 50K12.8%17.4%7.6%
 Income between 50K and 60K5.7%13.1%7.2%
 Income between 60K and 75K11.9%6.6%9.6%
 Income between 75K and 100K11.0%16.0%12.8%
 Income between 100K and 150K7.3%17.7%16.3%
 Income between 150K and 200K8.5%1.2%7.8%
 Income greater than 200K11.3%0.9%9.5%
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 Population By Occupation
 Petoskey, MISpirit Lake, IDUnited States
 Management, business, finance12.2%15.6%16.4%
 Engineering, computers, science1.4%4.7%6.5%
 Community, social services3.6%2.7%1.8%
 Legal3.9%0.0%1.2%
 Education, library15.3%4.8%6.2%
 Arts, design, media, sports, entertainment1.6%1.4%2.0%
 Healthcare practitioners and technology6.4%2.7%6.2%
 Healthcare support3.5%4.3%3.3%
 Firefighters, law enforcement0.7%1.8%2.1%
 Food preparation, serving11.0%3.6%5.4%
 Building maintenance5.7%2.9%3.6%
 Personal care3.1%2.3%2.6%
 Sales, office, administrative support19.2%19.0%20.9%
 Farming, fishing, forestry0.0%3.1%0.6%
 Construction, extraction, maintenance/repair3.7%15.9%8.1%
 Production, transportation, material moving8.6%15.0%13.1%

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Reviews for Petoskey    15 Reviews

The people in Petoskey are generally pleasant, friendly, and courteous .... even the teenagers in our experience. Petoskey is certainly a physically attractive area in  More

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Petoskey, between Harbor Springs and Charlevoix, is in a trio of small northern Lower Michigan towns that exceeds the charm and sophistication of typical small towns.   More

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Over 5 years ago

My husband and I have lived in Petoskey for 8 years. We have lived in Arizona, Utah, Colorado, Virginia and Ohio and by far, Petoskey is our favorite place to live. We  More

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Reviews for Spirit Lake    2 Reviews

Over 15 years ago

The elevation is about 2600 feet not 5800  More

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Spirit Lake has it's own little micro-climate. In the summer, the mountains block some of the rain that the rest of the area seems to get. In the winter, it is  More

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ZIPS IN PETOSKEY, MICHIGAN
No Zip Codes Here.
ZIPS IN SPIRIT LAKE, IDAHO
83869

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