Zip Code

49770

City

Petoskey, MI

Population & Migration

What is the forecasted population for Zip code 49770 Petoskey, MI?

Population census 2020
17,205
Forecasted population 2025
17,524
1.9% vs. 2020
Forecasted population 2030
18,222
5.9% vs. 2020

Zip code 49770 Petoskey, MI population is forecasted to decrease 1.9% by 2025 (-2.8 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 17,524 people for 2025 zip code 49770 Petoskey, MI will generate a good demand for housing, which is expected to have a deficit of 583 houses for 2030. Vacancy rate is 16.4 points above national US average.

Total homes available 2020
9,875
Estimated total home demand in 2030
10,458
Total homes balance inventory
583

Average Household Income in zip code 49770 Petoskey, MI
from Internal Revenue Service

Average household income in 2021
$98,758

Affordability

Affordability Index
4

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 49770 Petoskey, MI?

County total number of drinking water violations

231

-5%

244

County total number of drinking water contaminations

37

+54%

24

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