2025 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%.
 Petoskey, MISpirit Lake, IDUnited States
 Unemployment Rate  Unlock5.0%6.0%
 Recent Job Growth  Unlock3.0%1.6%
 Future Job Growth24.2%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock6.9%4.6%
 Income per Cap.$46,834  Unlock$37,638
 Household Income  Unlock$54,226$69,021
 Family Median Income$79,952  Unlock$85,028
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 Est. Households By Income
 Petoskey, MISpirit Lake, IDUnited States
 Income Less Than 15K  Unlock5.8%9.4%
 Income between 15K and 20K2.6%  Unlock3.8%
 Income between 20K and 30K  Unlock7.2%8.1%
 Income between 30K and 40K10.5%  Unlock8.0%
 Income between 40K and 50K  Unlock17.4%7.6%
 Income between 50K and 60K5.7%  Unlock7.2%
 Income between 60K and 75K  Unlock6.6%9.6%
 Income between 75K and 100K11.0%  Unlock12.8%
 Income between 100K and 150K  Unlock17.7%16.3%
 Income between 150K and 200K8.5%  Unlock7.8%
 Income greater than 200K  Unlock0.9%9.5%
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 Population By Occupation
 Petoskey, MISpirit Lake, IDUnited States
 Management, business, finance12.2%  Unlock16.4%
 Engineering, computers, science  Unlock4.7%6.5%
 Community, social services3.6%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library15.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.4%2.0%
 Healthcare practitioners and technology6.4%  Unlock6.2%
 Healthcare support  Unlock4.3%3.3%
 Firefighters, law enforcement0.7%  Unlock2.1%
 Food preparation, serving  Unlock3.6%5.4%
 Building maintenance5.7%  Unlock3.6%
 Personal care  Unlock2.3%2.6%
 Sales, office, administrative support19.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock3.1%0.6%
 Construction, extraction, maintenance/repair3.7%  Unlock8.1%
 Production, transportation, material moving  Unlock15.0%13.1%
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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Reviews for Spirit Lake    2 Reviews

Over 16 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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