There are 11 independent living communities serving Petoskey, Michigan. This includes 3 communities in Petoskey and 8 nearby. The costs per day of independent living in Michigan range from $14 to $144, with a median expense running about $59. The monthly expense averages around $1,760 and ranges between $412 and $4,317. On an annual basis, the average cost is about $21,120, which is under the nationwide average of $23,100.
Located within Emmet County, Petoskey is a small city in the State of Michigan. While the encompassing metropolitan area is home to 1,454,781 inhabitants, there are 16,862 within the city limits. People who are 55 and over compose approximately 29% of the total population.
The SeniorScore™ for Petoskey is 74. The city has a mean per capita income of $31,000 and a mean household income is $51,000 (the Michigan state average is $46,000). The average home price in Petoskey is $265,500, which is higher than the Michigan average of $177,000. The city also has an average unemployment rate of roughly 8.57%.
Petoskey has extreme mean temperatures, with very cold winters and calm summers. The area receives low amounts of rain each year. In relation to similarly-sized cities, Petoskey has an exceptionally low rate of crime and average air quality ratings.