Assisted Living in Petoskey, Michigan
Petoskey, Michigan is a small community nestled along the banks of Lake Michigan known for its natural beauty. The clean air, walkability and waterfront recreational options make Petoskey an attractive option for retirement. In addition to enjoying the water views and freshwater beaches nearby, seniors can play golf at one of the 39 local courses, explore the Historic Gaslight District or attend a wine tasting at one of Petoskey’s wineries.
According to Genworth Financial’s 2019 Cost of Care Survey, the average cost of assisted living here is $4,200 per month. This is only slightly higher than the national average of $4,051 and the state average of $4,000. Coupled with the fact that the cost of living is lower here than it is nationwide, Petoskey becomes a viable option for enjoying retirement.
The SeniorScore for Petoskey, Michigan
Petoskey has a SeniorScore of 74, which is three points higher than the national average and two points higher than the statewide average. This score, which gathers more than 100 data points into four relevant categories, measures a location according to its degree of senior friendliness.
Of the four categories, Petoskey scores the most points in Finances, at 73 points. Michigan’s lower state income tax combined with a lower assisted living cost than nationwide averages offers seniors confidence that their retirement dollars will stretch further. Just as important, the cost of living here is lower than elsewhere in the country, thanks to lower home prices and a higher mean household and per capita income.
Petoskey also scored fairly high in the Recreation & Leisure category, at 68 points. The area’s proximity to beautiful lake vistas, golfing and shopping contribute to this score, as does Petoskey’s 21 grocery stores, 11 health clubs and six local churches. Community and connection with other seniors is readily available too, as nearly 30% of the population are seniors over the age of 55.
Although crime rates are low here, winters can be bitterly cold, one reason why Petoskey scored lower in the General Quality of Life category. However, residents here have shorter than normal commute times, and the town boasts a higher walkability score, making getting to and from appointments, shopping and dining easier. Petoskey also lost points in the Health & Safety category due to a smaller number of home health care providers and area hospitals. At the same time, residents are less than two hours away from the sixth highest ranking hospital in Michigan, Munson Medical Center. And despite its smaller size, Petoskey still has a high number of Medicare-registered physicians as well as very low property or violent crime.
SeniorScore™ for Petoskey, Michigan
The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.
- Petoskey scores higher than the Michigan average of 71.
- Petoskey scores higher than the national average of 72.
- There is a high number of Medicare registered physicians within the city limits.
- There is 1 hospital within close range of the city (Northern Michigan Regional Hospital).
- There are 10 senior living facilities in close proximity to the city, including American House Petoskey Senior Living, Independence Village of Petoskey, and Sutfin Joy Valley Adult Foster Care.
- There is a very low number of home healthcare providers operating in the city.
- There is a very low number of fire stations serving the city.
- The average life expectancy is 78.2, compared to the national average of 78.6.
- There are 34 pharmacies within close range of the city.
- The area has a very low property crime rate.
- The area has a very low violent crime rate.
- The city has an average percentage of seniors in the population (29% of residents).
- There are 39 golf courses in or around the city, including Crooked Tree Golf Club, Petoskey Bay View Country Club, and Walloon Lake Country Club.
- There are 19 parks near the city center, including Petoskey KOA, Lockwood Park, and Petoskey Winter Sports Park.
- There are 6 churches in or near the city, including Zion Lutheran Church, Agape Baptist Church, and Salvation Army Thrift Store.
- There are 5 malls / shopping centers within close range of the city.
- There are 21 grocery stores within the city.
- There is 1 movie theatre in or near the city.
- There are 11 gyms or health clubs in or near the city.
- The property taxes average 3.34% of total income, which is significantly higher than the national average of 2.79%.
- The property taxes average 1.05% of property value, which is significantly lower than the national average of 1.09%.
- The city sales taxes averages 6.00%, which is significantly lower than the national average of 6.97%.
- Michigan has an average state income tax of 3.91%, compared to the national average of 3.38%.
- The city's mean household income is $73,327, which is significantly higher than the national average of $64,580.
- The city's median household income is $50,854, which is lower than the national median of $51,560.
- The city's per capita income is $30,505, which is significantly higher than the national average of $25,611.
- Assisted living costs average $27,000 per year, which are very low compared to national figures.
- Nursing home costs average $96,725 per year, which are high compared to national costs.
- Adult daycare costs average $18,200 per year, which are average compared to national numbers.
- Home healthcare costs average $44,616 annually, which are average compared to national costs.
- The unemployment rate is about 8.57%, which is average compared to national averages.
- The overall cost of living is low compared to national averages.
- 1% of the senior population are financially responsible for at least one grandchild.
- Petoskey receives low levels of rainfall each year.
- Petoskey has very harsh mean temperatures, with very cold winters and pleasant summers.
- This city has average air quality.
- Petoskey has a sparse population density of 153.7 people per square mile.
- Residents of Petoskey have a very short daily commute time.
- Petoskey has a low public school quality ranking.
- The city has a low public school safety rating.
- This city has a very high graduation rate of 93.28%.
Assisted Living Costs in Petoskey, Michigan
Assisted living costs in Petoskey, according to Genworth Financial’s Cost of Care Survey 2019, are slightly more expensive than those nationwide. Petoskey's proximity to Midland means that it shares the average monthly assisted living cost. At $4,200 per month, assisted living costs $149 more each month than it does elsewhere in the country. It is also slightly more expensive than the state as a whole, which averages $4,000 per month.
When compared with other cities across Michigan, Petoskey falls somewhere in the middle. To the south and west, costs are significantly lower in Muskegon, at $3,350 per month. The more inland city of Lansing, the state’s capital, has costs closer to those of Petoskey, at $4,000. Closer to the Indiana border, Niles ($4,175) costs are nearly in-line with Petoskey’s, as are those of Grand Rapids ($4,240), a much larger metropolis along Michigan’s western side. However, in the southeastern part of the state, assisted living costs in cities such as Detroit ($4,625) and Ann Arbor ($5,049) are considerably higher than elsewhere.
- Muskegon: $3,350
- Lansing: $4,000
- Niles: $4,175
- Petoskey / Midland: $4,200
- Grand Rapids: $4,240
- Flint: $4,375
- Detroit: $4,625
- Ann Arbor: $5,049
Top Assisted Living Facilities in Petoskey, Michigan
The Villa At The Bay is located at 1500 Spring St in Petoskey, Michigan. It is a 110 room senior housing community. The community is in a mostly middle class area, with an average per-family income of $49,850. ...
Mallard Cove Assisted Living is a senior care community located at 2801 Charlevoix Rd in Petoskey, Michigan. With approximately 18,000 residents in the 49770 zip code, the neighboring area has a medium-density population. It is a mostly middle ...
Located at 2000 Mitchell Rd, American House Petoskey Senior Living is a senior housing community in Petoskey, Michigan. The community is in a predominantly middle class area, with a median family income of $49,850. With about 18,000 residents ...
Located at 2890 Morford Rd, Bodley's Hill Top Manor is a senior community in Petoskey, Michigan. With a median family income of $49,850, the facility is in a primarily middle class area. It has a medium-density population, with ...
Sutfin Joy Valley Adult Foster Care is a family care home located at 4848 Maxwell Rd in Petoskey, Michigan. With around 18,000 individuals residing in the 49770 zip code, the surrounding area has an average population density. It ...
Located at 2677 Howard Rd, North Country Residential is a senior housing facility in Petoskey, Michigan. The neighboring area has a medium-density population, with roughly 18,000 poeple living in the zip code of 49770. It is a largely ...
Independence Village of Petoskey is a senior care facility located at 965 Hager Dr in Petoskey, Michigan. The neighboring area has an average population density, with about 18,000 poeple living in the zip code of 49770. It is ...
Located at 750 E Main in Harbor Springs, Michigan, Bay Bluffs-Emmet County Medical Care Facility is a 120 bed senior housing facility. The surrounding area has an average population density, with approximately 8,000 individuals living in the zip code ...
5 miles away from Petoskey, MI
Located at 4241 Village Cir, Perry Farm Village is a senior housing community serving Harbor Springs, Michigan. The facility is in a generally middle class area, with a median household income of $56,598. It has an average population ...
6 miles away from Petoskey, MI
The Brook of Boyne City is a senior community located at 709 Vogel St in Boyne City, Michigan. With around 9,000 individuals living in the 49712 zip code, the surrounding area has a medium-density population. It is a ...
10 miles away from Petoskey, MI
Autumn Joy AFC & Assisted Living Home is a 7 bed family care home situated in Charlevoix, Michigan. The neighboring area has an average population density, with roughly 10,000 people residing in the 49720 zip code. With a ...
10 miles away from Petoskey, MI
Located at 520 State St in Boyne City, Michigan, Summertree Residential Centers, Inc. - Springridge is a 6 bed senior care facility. The encompassing area has an average population density, with approximately 9,000 poeple living in the zip code ...
10 miles away from Petoskey, MI
American House Charlevoix Senior Living is a senior care community located at 615 Petoskey Ave in Charlevoix, Michigan. The surrounding area has a medium-density population, with roughly 10,000 individuals living in the zip code of 49720. It is ...
15 miles away from Petoskey, MI
Located at 1728 S Peninsula Rd in East Jordan, Michigan, Grandvue Medical Care Facility is a 113 room senior care community. With an average per-family income of $43,322, the facility is in a largely middle income area. It ...
16 miles away from Petoskey, MI
Hillside Haven is located at 2125 Nichols Rd in Pellston, Michigan. It is a 11 bed senior community. The neighboring area has a sparse population, with about 3,000 individuals residing in the 49769 zip code. With a ...
16 miles away from Petoskey, MI
Hillside Haven is located at 4520 Van Rd in Levering, Michigan. It is a 2 room senior care community. The surrounding area has a sparse population, with approximately 3,000 individuals living in the 49755 zip code. It ...
17 miles away from Petoskey, MI
The Brook of Gaylord is a senior housing facility located at 900 Hayes Rd in Gaylord, Michigan. The community is in a generally middle income area, with an average family income of $45,273. With approximately 21,000 people residing ...
26 miles away from Petoskey, MI
Derenzy Adult Foster Care Home is a family care home located at 980 S Intermediate Lake Rd in Central Lake, Michigan. The neighboring area is sparsely populated, with approximately 3,000 people residing in the 49622 zip code. With ...
26 miles away from Petoskey, MI
Carpenter's Adult Foster Care Home is located at 2801 Orchard Beach Rd in Cheboygan, Michigan. It is a 12 room family care home. With an average per-household income of $28,799, the community is in a predominantly working class ...
28 miles away from Petoskey, MI
Meadow Brook Medical Care Facility is a 113 room senior housing community situated in Bellaire, Michigan. The community is in a primarily middle income area, with an average per-household income of $46,539. It is sparsely populated, with about ...
29 miles away from Petoskey, MI
The Brook of Cheboygan is a senior housing facility located at 11965 Townline Rd in Cheboygan, Michigan. The neighboring area has a medium-density population, with approximately 15,000 people residing in the zip code of 49721. With an average ...
29 miles away from Petoskey, MI
Free Assisted Living Resources in Petoskey, Michigan
Area Agency on Aging of Northwest Michigan The Area Agency on Aging of Northwest Michigan serves Petoskey seniors and their loved ones by providing a comprehensive set of services, supports and information specific to the needs of seniors. In addition to individual counseling on best care options, benefit applications and other community services, AAANM offers caregiver workshops, chronic disease workshops and special events. 1609 Park Drive, Traverse City, MI 49696-5946 (800) 442-1713 https://www.aaanm.org/ |
Emmet County Veterans Affairs Committed to helping veterans, their loved ones and dependents access the benefits, services and programs available to them, Emmet County Veterans Affairs provides counseling and connects veteran seniors with needed resources. ECVA also hosts Project Connect, a day of service where veterans can receive answers to questions about VA benefits and programs. 3434 M-119, Suite D, Harbor Springs, MI 49770 (231) 348-1780 https://www.emmetcounty.org/officials-departments/va/ |
Friendship Centers of Emmet County The Friendship Centers of Emmet County is dedicated to helping seniors live their most active, healthy and fulfilling lives. Monthly recreational classes that are offered include Bingo, chorus, ping pong and much more. Their RSVP program gives seniors aged 55 and older the chance to utilize their talents and interests by volunteering at nonprofit agencies in Charlevoix and Emmet counties. Transportation is also available for local area seniors needing to get to and from medical appointments, grocery stores, volunteering or other trips. Bus rides are available Monday through Friday and must be scheduled in advance. 1322 Anderson Road, Petoskey, MI 49770 (231) 347-3211 https://emmetcoa.org/# |
Aging and Disability Resource Collaborative A collaboration between the U.S. Administration for Community Living (ACL), the Centers for Medicare & Medicaid Services and the Veterans Health Administration, the Aging and Disability Resource Collaborative (ADRC) of Northwest Michigan is a network of over 30 organizations that empower seniors and their families to make informed decisions regarding care options and to easily access that care. Specialists provide information about assisted living options and can help connect seniors and their families with local communities. During the counseling process, a plan to access resources and supports is developed, which may include financial assistance options. Seniors can learn more about ADRC by contacting Aging and Adult Services Agency. 333 South Grand Avenue, 4th Floor, Lansing, MI 48933 (517) 241-4100 https://www.michigan.gov/osa
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