Houghton Lake vs Petoskey
Side-by-side comparison
How does Houghton Lake, MI compare to Petoskey, MI? Houghton Lake has a population of 5,761 with a median household income of $50,861, while Petoskey has 5,851 residents and a median income of $71,783. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Houghton Lake, MI | Petoskey, MI | Difference |
|---|---|---|---|
| Population | 5,761 | 5,851 | -1.5% |
| Median Age | 54.5 | 42.9 | +27.0% |
| Foreign Born % | 0.3% | 2.2% | -86.4% |
| Metric | Houghton Lake | Petoskey | Difference |
|---|---|---|---|
| Median Income | $50,861 | $71,783 | -29.1% |
| Unemployment | 2.7% | 1.5% | +80.0% |
| Poverty Rate | 21.7% | 8.4% | +158.3% |
| Bachelor's+ | 17.4% | 52.8% | -67.0% |
| Metric | Houghton Lake | Petoskey | Difference |
|---|---|---|---|
| Home Value | $122,800 | $319,300 | -61.5% |
| Median Rent | $791/mo | $872/mo | -9.3% |
| Housing Units | 4,514 | 3,202 | +41.0% |