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2024 Compare Cities Economy:
Petoskey, MI vs Franklin, TN

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Highlights
- Household income in Franklin, is 71% more than it is in Petoskey and is 33% above the National Average.
- Petoskey unemployment rate is 7.5%.
- Franklin unemployment rate is 3.1%.

Economy
 Petoskey, MIFranklin, TNUnited States
 Unemployment Rate7.5%3.1%6.0%
 Recent Job Growth0.7%2.4%1.6%
 Future Job Growth24.2%53.4%33.5%
 Sales Taxes6.0%9.8%6.2%
 Income Taxes4.3%0.0%4.6%
 Income per Cap.$46,834$51,811$37,638
 Household Income$60,054$102,721$69,021
 Family Median Income$79,952$123,661$85,028
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 Est. Households By Income
 Petoskey, MIFranklin, TNUnited States
 Income Less Than 15K9.9%3.5%9.4%
 Income between 15K and 20K2.6%1.9%3.8%
 Income between 20K and 30K8.4%4.8%8.1%
 Income between 30K and 40K10.5%5.3%8.0%
 Income between 40K and 50K12.8%6.5%7.6%
 Income between 50K and 60K5.7%5.8%7.2%
 Income between 60K and 75K11.9%8.3%9.6%
 Income between 75K and 100K11.0%13.0%12.8%
 Income between 100K and 150K7.3%20.4%16.3%
 Income between 150K and 200K8.5%12.0%7.8%
 Income greater than 200K11.3%18.6%9.5%
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 Population By Occupation
 Petoskey, MIFranklin, TNUnited States
 Management, business, finance12.2%26.4%16.4%
 Engineering, computers, science1.4%10.5%6.5%
 Community, social services3.6%1.9%1.8%
 Legal3.9%1.9%1.2%
 Education, library15.3%6.6%6.2%
 Arts, design, media, sports, entertainment1.6%3.6%2.0%
 Healthcare practitioners and technology6.4%6.3%6.2%
 Healthcare support3.5%1.3%3.3%
 Firefighters, law enforcement0.7%0.9%2.1%
 Food preparation, serving11.0%5.3%5.4%
 Building maintenance5.7%1.2%3.6%
 Personal care3.1%2.7%2.6%
 Sales, office, administrative support19.2%23.1%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair3.7%3.3%8.1%
 Production, transportation, material moving8.6%4.9%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 Franklin    27 Reviews

After visiting here for a week in the summer, I fell in love with the city! Lots of my friends in Florida already moved here from New Port Richey and Wesley Chapel. I  More

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I've lived in Tennessee all my life. I have lived in west,east and middle Tennessee. By far this is the best place I have lived. We have been in Franklin for 8 years. It  More

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I love that this is a greatly diverse community with a large African American and Hispanic community around West Main St./Nachez (I'm addicted to Pueblo Real Mexican  More

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ZIPS IN PETOSKEY, MICHIGAN
No Zip Codes Here.
ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069

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