2025 Compare Cities Economy:
Ironwood, MI vs Petoskey, MI

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Highlights
- Household income in Petoskey, is 95% more than it is in Ironwood and is 15% below the National Average.
- Ironwood unemployment rate is 5.6%.
- Petoskey unemployment rate is 7.5%.
 Ironwood, MIPetoskey, MIUnited States
 Unemployment Rate  Unlock7.5%6.0%
 Recent Job Growth  Unlock0.7%1.6%
 Future Job Growth17.8%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock4.3%4.6%
 Income per Cap.$27,138  Unlock$37,638
 Household Income  Unlock$60,054$69,021
 Family Median Income$46,362  Unlock$85,028
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 Est. Households By Income
 Ironwood, MIPetoskey, MIUnited States
 Income Less Than 15K  Unlock9.9%9.4%
 Income between 15K and 20K9.1%  Unlock3.8%
 Income between 20K and 30K  Unlock8.4%8.1%
 Income between 30K and 40K11.1%  Unlock8.0%
 Income between 40K and 50K  Unlock12.8%7.6%
 Income between 50K and 60K8.8%  Unlock7.2%
 Income between 60K and 75K  Unlock11.9%9.6%
 Income between 75K and 100K6.5%  Unlock12.8%
 Income between 100K and 150K  Unlock7.3%16.3%
 Income between 150K and 200K0.9%  Unlock7.8%
 Income greater than 200K  Unlock11.3%9.5%
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 Population By Occupation
 Ironwood, MIPetoskey, MIUnited States
 Management, business, finance6.8%  Unlock16.4%
 Engineering, computers, science  Unlock1.4%6.5%
 Community, social services2.2%  Unlock1.8%
 Legal  Unlock3.9%1.2%
 Education, library2.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.6%2.0%
 Healthcare practitioners and technology5.0%  Unlock6.2%
 Healthcare support  Unlock3.5%3.3%
 Firefighters, law enforcement2.2%  Unlock2.1%
 Food preparation, serving  Unlock11.0%5.4%
 Building maintenance6.2%  Unlock3.6%
 Personal care  Unlock3.1%2.6%
 Sales, office, administrative support16.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair11.7%  Unlock8.1%
 Production, transportation, material moving  Unlock8.6%13.1%
Reviews for Ironwood    3 Reviews

Over 14 years ago

Have lived here 7 years. Moved here from a large Midwestern city. Wonderful place to retire if you like fairly long winters and don't mind 150+ inches of snow every  More

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Over 16 years ago

It is called the big snow country for a reason. It snows...a lot...and gets very chilly. The winters last a good 6-7 months. If you like to ski, ice fish, snowmobile, or  More

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Over 17 years ago

The western U.P. is amazing. There's the obvious attractions like ski areas and the world's tallest fiberglass Native American statue, but walking on the shores of Lake  More

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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 6 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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