2025 Compare Cities Economy:
Red Wing, MN vs Petoskey, MI

Change Cities
Highlights
- Household income in Petoskey, is 2% less than it is in Red Wing and is 15% below the National Average.
- Red Wing unemployment rate is 4.6%.
- Petoskey unemployment rate is 7.5%.
 Red Wing, MNPetoskey, MIUnited States
 Unemployment Rate  Unlock7.5%6.0%
 Recent Job Growth  Unlock0.7%1.6%
 Future Job Growth28.0%  Unlock33.5%
 Sales Taxes7.4%  Unlock6.2%
 Income Taxes  Unlock4.3%4.6%
 Income per Cap.$34,117  Unlock$37,638
 Household Income  Unlock$60,054$69,021
 Family Median Income$78,313  Unlock$85,028
 space
 Est. Households By Income
 Red Wing, MNPetoskey, MIUnited States
 Income Less Than 15K  Unlock9.9%9.4%
 Income between 15K and 20K5.2%  Unlock3.8%
 Income between 20K and 30K  Unlock8.4%8.1%
 Income between 30K and 40K10.3%  Unlock8.0%
 Income between 40K and 50K  Unlock12.8%7.6%
 Income between 50K and 60K10.1%  Unlock7.2%
 Income between 60K and 75K  Unlock11.9%9.6%
 Income between 75K and 100K14.1%  Unlock12.8%
 Income between 100K and 150K  Unlock7.3%16.3%
 Income between 150K and 200K8.1%  Unlock7.8%
 Income greater than 200K  Unlock11.3%9.5%
 space1
 Population By Occupation
 Red Wing, MNPetoskey, MIUnited States
 Management, business, finance9.5%  Unlock16.4%
 Engineering, computers, science  Unlock1.4%6.5%
 Community, social services1.5%  Unlock1.8%
 Legal  Unlock3.9%1.2%
 Education, library8.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.6%2.0%
 Healthcare practitioners and technology6.6%  Unlock6.2%
 Healthcare support  Unlock3.5%3.3%
 Firefighters, law enforcement2.2%  Unlock2.1%
 Food preparation, serving  Unlock11.0%5.4%
 Building maintenance5.8%  Unlock3.6%
 Personal care  Unlock3.1%2.6%
 Sales, office, administrative support19.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair8.4%  Unlock8.1%
 Production, transportation, material moving  Unlock8.6%13.1%
Reviews for Red Wing    6 Reviews

Red Wing is a small town located equidistant between the Twin Cities and Rochester and is situated on the Mississippi river. Much of the big city culture of Minneapolis  More

   |    Reply

Over 12 years ago

Red Wing is a pretty town along the river. It does have some things outsiders need to be aware of if you take the plunge. The town is OLD, as in the citizens. If  More

   |    Reply

Over 17 years ago

It's a very nice town on the Missippi but too cold in winter---hot & humid in summer but a great spring & fall. If you like the changing seasons, it's ideal.  More

   |    Reply

Start Your Review of Red Wing

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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Petoskey


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.