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2024 Compare Cities Economy:
Petoskey, MI vs Springfield, IL

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Highlights
- Household income in Springfield, is 4% less than it is in Petoskey and is 20% below the National Average.
- Petoskey unemployment rate is 7.5%.
- Springfield unemployment rate is 7.1%.

Economy
 Petoskey, MISpringfield, ILUnited States
 Unemployment Rate7.5%7.1%6.0%
 Recent Job Growth0.7%0.2%1.6%
 Future Job Growth24.2%22.1%33.5%
 Sales Taxes6.0%8.8%6.2%
 Income Taxes4.3%5.0%4.6%
 Income per Cap.$46,834$35,851$37,638
 Household Income$60,054$57,596$69,021
 Family Median Income$79,952$79,459$85,028
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 Est. Households By Income
 Petoskey, MISpringfield, ILUnited States
 Income Less Than 15K9.9%13.7%9.4%
 Income between 15K and 20K2.6%4.9%3.8%
 Income between 20K and 30K8.4%9.1%8.1%
 Income between 30K and 40K10.5%9.2%8.0%
 Income between 40K and 50K12.8%7.6%7.6%
 Income between 50K and 60K5.7%7.1%7.2%
 Income between 60K and 75K11.9%8.9%9.6%
 Income between 75K and 100K11.0%13.3%12.8%
 Income between 100K and 150K7.3%15.0%16.3%
 Income between 150K and 200K8.5%5.6%7.8%
 Income greater than 200K11.3%5.6%9.5%
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 Population By Occupation
 Petoskey, MISpringfield, ILUnited States
 Management, business, finance12.2%17.0%16.4%
 Engineering, computers, science1.4%5.7%6.5%
 Community, social services3.6%2.2%1.8%
 Legal3.9%1.9%1.2%
 Education, library15.3%5.2%6.2%
 Arts, design, media, sports, entertainment1.6%1.8%2.0%
 Healthcare practitioners and technology6.4%9.6%6.2%
 Healthcare support3.5%4.1%3.3%
 Firefighters, law enforcement0.7%2.9%2.1%
 Food preparation, serving11.0%6.2%5.4%
 Building maintenance5.7%3.6%3.6%
 Personal care3.1%2.3%2.6%
 Sales, office, administrative support19.2%21.8%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair3.7%4.9%8.1%
 Production, transportation, material moving8.6%10.6%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 Springfield    25 Reviews

I've lived here for over 40 years. Springfield is a decent place to raise a family. Solid midwestern values, and I've always felt safe. Opportunities exist, but there  More

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I moved (back) to Springfield after living in various cities and towns around the country - as large as Milwaukee, as small as Baker, NV - and can say without  More

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hugh · 
Over 3 years ago

whole town smells like dirty ***** and  More

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ZIPS IN PETOSKEY, MICHIGAN
No Zip Codes Here.
ZIPS IN SPRINGFIELD, ILLINOIS
62704 62702 62703 62711 62712 62707 62701

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