The City employs 74 persons full time and more than 33 persons part time within about 30 job titles. Excluding approximately 33 miles of street rights-of-way, the City owns about 1,400 acres of property, of which some 90 acres are non-parkland; the City owns 40 buildings, 10 gazebos, and seven bridges, three of which were designed only for pedestrians, and a tunnel. The City operates 85 motor vehicles. On a typical day, the City receives 23.5 calls for police, fire, or medical assistance; produces 1,794,301 gallons of drinking water; treats 1,202,739 gallons of wastewater; and distributes 293,100 kilowatt-hours of electricity, with some of these various services provided to persons outside the City.
Petoskey encompasses a jurisdictional territory of 6.2 square miles, or about 4,000 acres, along eight miles of Lake Michigan shoreline, including the Bay Harbor development site, which was transferred to the City from the Township of Resort in 1994 through an intergovernmental agreement. The City contains 3,155 residential, 603 commercial and 11 industrial classified properties with a total assessed value - that is, 50% of estimated market value - of $570,649,250, and a taxable value of $482,095,456. Approximately one-quarter of the City's territory is tax-exempt. Its population by the 2010 Federal census was 5,670, and currently there are 4,881 registered voters in the City.