2025 Compare Cities Economy:
Smithfield, VA vs Petoskey, MI

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Highlights
- Household income in Petoskey, is 35% less than it is in Smithfield and is 15% below the National Average.
- Smithfield unemployment rate is 4.6%.
- Petoskey unemployment rate is 7.5%.
 Smithfield, VAPetoskey, MIUnited States
 Unemployment Rate  Unlock7.5%6.0%
 Recent Job Growth  Unlock0.7%1.6%
 Future Job Growth33.3%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock4.3%4.6%
 Income per Cap.$45,842  Unlock$37,638
 Household Income  Unlock$60,054$69,021
 Family Median Income$111,944  Unlock$85,028
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 Est. Households By Income
 Smithfield, VAPetoskey, MIUnited States
 Income Less Than 15K  Unlock9.9%9.4%
 Income between 15K and 20K2.5%  Unlock3.8%
 Income between 20K and 30K  Unlock8.4%8.1%
 Income between 30K and 40K6.7%  Unlock8.0%
 Income between 40K and 50K  Unlock12.8%7.6%
 Income between 50K and 60K4.8%  Unlock7.2%
 Income between 60K and 75K  Unlock11.9%9.6%
 Income between 75K and 100K8.9%  Unlock12.8%
 Income between 100K and 150K  Unlock7.3%16.3%
 Income between 150K and 200K12.3%  Unlock7.8%
 Income greater than 200K  Unlock11.3%9.5%
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 Population By Occupation
 Smithfield, VAPetoskey, MIUnited States
 Management, business, finance20.0%  Unlock16.4%
 Engineering, computers, science  Unlock1.4%6.5%
 Community, social services0.9%  Unlock1.8%
 Legal  Unlock3.9%1.2%
 Education, library5.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.6%2.0%
 Healthcare practitioners and technology7.0%  Unlock6.2%
 Healthcare support  Unlock3.5%3.3%
 Firefighters, law enforcement2.4%  Unlock2.1%
 Food preparation, serving  Unlock11.0%5.4%
 Building maintenance5.0%  Unlock3.6%
 Personal care  Unlock3.1%2.6%
 Sales, office, administrative support18.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair11.5%  Unlock8.1%
 Production, transportation, material moving  Unlock8.6%13.1%
Reviews for Smithfield    4 Reviews

The entire Isle of Wight area is incredibly racist and a good old boys town. I came to the Hampton Roads area to get away from the racism in the mountains. The areas of  More

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I lived in Smithfield for a few years.not for me.lots of litter,human feces in the phone booth,hot and to Southern for  More

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Over 13 years ago

Smithfield, VA is a bedroom community that has no major industry and has been over developed with houses driving the value of houses down across the entire county. I  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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