| ZIP Code | 49770 |
|---|---|
| City | Petoskey |
| State | Michigan (MI) |
| County | Emmet County |
| Area Code | 231 |
| Elevation | 726 ft |
| Latitude | 45.331202 |
|---|---|
| Longitude | -84.897145 |
| Timezone | Detroit (DST) |
| FIPS | 26047 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.5 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.33 |
| Below Poverty | 7.9% ▼ 21% below avg |
| College Grads | 56.1% ▲ 45% above avg |
| Unemployment | 2.4% ▼ 52% below avg |
| No HS Diploma | 49 (0.4%) |
| HS Graduate | 2,584 (20.3%) |
| Some College | 1,369 (10.8%) |
| Associates | 1,590 (12.5%) |
| Bachelors | 1,165 (9.2%) |
| Graduate Degree | 5,969 (46.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $80,431 ≈ Avg ↑ 39% since 2019 |
|---|---|
| Median Home Value | $309,900 ▲ 11% above avg ↑ 58% since 2019 |
| Home/Income Ratio | 3.9x (nat avg ~3.5x) |
| Median Rent | $1,077/mo ↑ 29% since 2019 |
| Total Units | 10,244 |
| Vacant Units | 2,714 |
| Avg HH Size | 2.33 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 10,244 |
|---|---|
| Vacant | 2,714 |
| Owner Occupied | 70.9% |
| Renter Occupied | 29.2% |
| Avg HH Size | 2.33 |
ZIP code 49770 is located in Petoskey, Michigan, within Emmet County. With a population of 17,813, this is a moderately populated ZIP code with a mature community — the median age is 45.5 years. Economically, 49770 is a middle-income ZIP code: the median household income of $80,431 is near the national average.
Real estate in ZIP code 49770 represents a mid-range housing market. The median home value of $309,900 is near the national average. Renters can expect to pay around $1,077 per month in median rent. Homeownership is strong here — 70.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 58% since 2019.
The population of 49770 is primarily White (91.65%). Residents are well-educated — 56.1% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 7.9%. Household income has grown by 39% since 2019.
The unemployment rate in 49770 stands at 2.4%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 72%.
Overall, ZIP code 49770 in Petoskey, MI is characterized as middle-income, well-educated, a mature community, and predominantly owner-occupied. With 17,813 residents, a median household income of $80,431, and a median home value of $309,900, it offers a clear picture of life in this part of Michigan.