49770 ZIP Code – Petoskey, Michigan

Located in Petoskey, Michigan, ZIP code 49770 is a mid-sized ZIP code within Emmet County with a population of approximately 17,555 residents. The median household income of $76,971 is near the Michigan average and near the national average. Homes in this ZIP code have a median value of $269,800, near the national average, with 71.5% owner-occupied housing (increasing). ; median rent of $1,010 is similarly near the national average. Housing consists of 72% single-family (increasing), 18% apartments (decreasing), 6% duplex/multi-family.

At 2.3%, the unemployment rate is well below the national figure. About 8.0% of residents live below the poverty line, below the national rate. An estimated 47.0% of adults hold a bachelor's degree or higher, well above the national average. The population has a median age of 45.5, near the national median. The surrounding area includes ZIP codes 49722, 49796, 49764.

ZIP Code 49770 Data

Population 17,555
Median Household Income $76,971
Median Home Value $269,800
Median Rent $1,010
Median Age 45.5
Unemployment Rate 2.3%
Poverty Rate 8.0%
Bachelor's Degree or Higher 47.0%
County Emmet County
State Michigan

ZIP 49770 vs. Michigan vs. U.S.

MetricZIP 49770MI Avg.U.S. Avg.
Population17k10k10k
Median Household Income$76k$68k$73k
Median Home Value$269k$190k$258k
Median Rent$1,010$949$1,088
Median Age45.544.743.2
Unemployment Rate2.3%5.6%5.0%
Poverty Rate8.0%12.5%13.3%
Bachelor's Degree or Higher47.0%25.8%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
49722 CONWAY 45 Not provided
49796 WALLOON LAKE 375 $89,219
49764 ODEN Not provided Not provided
49706 ALANSON 4,857 $59,081
49713 BOYNE FALLS 2,178 $61,087