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Living a Boating Lifestyle in Petoskey, Michigan

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Where to Retire in Petoskey and Home Prices

There are many choices for baby boomers looking to retire in Petoskey or nearby Harbor Springs (which is even more affluent). You can live in a single family home in a nice neighborhood and walk to town. There are active communities located to the north, many of which offer golf, tennis, even skiing. The same goes for south of town along the Bay.  In the spring of 2017 the Zillow Home Value Index was $214,800, up 8% from the previous year and slightly higher than the national Index.

What is special about Petoskey

Its setting along the lake and high on a hill is spectacular. The downtown is exceptionally nice. So are the many communities or neighborhoods you can live in. The boating, the biking (there is a 28 mile trail along the Bay), the golf and other activiites are excellent.  This part of Michigan is really nice and unspoiled.

What is not special about Petoskey

Winters are cold and summers short. It is a long drive to bigger towns in southern Michigan.

Climate and Physical Environment

Petoskey is the east side of Lake Michigan near its top.  The average Jan temp is 20F. and the average Jul temp is in the high 60s. Saginaw (MI) is 140 miles away.

Restaurants & Cultural Scene

There are a number of restaurants and coffee shops in the downtown area.  The library is well-funded with an annual budget of $1.1 million. North Central Michigan College is located here.

Crime

Crime is so low it barely registers.

Medical facilities

McLaren-Northern Michigan is the local hospital.

Transportation

There is a bus station and a private airport.

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