Traverse City, MI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Traverse City, MI: Quick Facts & Overview
- Population: 15,593 residents (728 people per sq. mi.)
- Average House Price: $415,118
- Average Household Income: $74,087
Traverse City, MI is located in the state of Michigan. It is home to about 15,593 people, with around 728 residents living in every square mile.
If you want to buy a house in Traverse City, the average price is around $415,118. That makes local housing 87% higher than the Michigan average of $221,733, and 35% higher than the national average of $308,592.
The average household in Traverse City earns about $74,087 a year. This income is 1% higher than the average family in Michigan ($73,374), and 6% lower than the national average ($78,686).
Population
15,593
Median Household Income
$74,087
Median Home Value
$415,118
Median Age
42.7 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $43,391 |
| Labor Force Participation | 62.6% |
| Unemployment Rate | 5.2% |
| Average Commute Time | 17.2 mins |
Housing & Community Metrics
| Home Ownership Rate | 63.7% |
| Median Rent | $995 |
| Rent Burdened (>30% Income) | 27.9% |
| Total Housing Units | 7,191 |
Additional Census & Housing Profile
Geographic Overview
| County | Grand Traverse |
| County FIPS | 26055 |
| Metro Area (CBSA) | Traverse City, MI |
| Population Density | 727.5/sq mi |
| Coordinates (lat/lng) | 44.7546, -85.6038 |
| Timezone | America/Detroit |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.81 |
| Dual Income Families | 51.1% |
Marital Status
| Married | 43.0% |
| Never Married | 36.0% |
| Divorced | 14.9% |
| Widowed | 6.1% |
Gender
| Male | 49.4% |
| Female | 50.6% |
Health & Poverty
| Uninsured Rate (Health) | 3.8% |
| Poverty Rate | 12.3% |
Key Population Groups
| Veterans | 4.0% |
| Disabled Population | 11.5% |
| Limited English Proficiency | 0.1% |
All ZIP Codes in Traverse City
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Greilickville, MI | 4.5 miles | 1,519 |
| Chums Corner, MI | 6 miles | 1,186 |
| Grawn, MI | 7.7 miles | 800 |
| Interlochen, MI | 10.8 miles | 791 |
| Hardwood Acres, MI | 11.2 miles | 611 |
| Lake Ann, MI | 12 miles | 273 |
| Kingsley, MI | 12.2 miles | 1,785 |
| Elk Rapids, MI | 13.7 miles | 1,624 |
| Bendon, MI | 14.1 miles | 315 |
| Maple City, MI | 14.3 miles | 183 |
| Suttons Bay, MI | 15.7 miles | 555 |
| Rapid City, MI | 16.5 miles | 1,328 |
| Lake Leelanau, MI | 16.5 miles | 124 |
| South Boardman, MI | 17.5 miles | 553 |
| Fife Lake, MI | 17.6 miles | 343 |
| Buckley, MI | 17.7 miles | 936 |
| Alden, MI | 18.4 miles | 133 |
| Leland, MI | 19.9 miles | 400 |
| Kalkaska, MI | 20.7 miles | 2,539 |
| Nessen City, MI | 20.9 miles | 149 |
| Omena, MI | 21.1 miles | 305 |
| Glen Arbor, MI | 21.3 miles | 336 |
| Honor, MI | 21.3 miles | 172 |
| Empire, MI | 22.7 miles | 341 |
| Thompsonville, MI | 23.1 miles | 490 |
| Copemish, MI | 24.6 miles | 255 |
| Bellaire, MI | 24.7 miles | 1,008 |
| Mesick, MI | 24.8 miles | 423 |
| Crystal Mountain, MI | 25.4 miles | 166 |
| Manton, MI | 25.7 miles | 1,511 |
| Beulah, MI | 25.7 miles | 218 |
| Northport, MI | 26 miles | 465 |
| Benzonia, MI | 26.1 miles | 718 |
| Central Lake, MI | 27.4 miles | 1,051 |
| Eastport, MI | 27.6 miles | 311 |
| Mancelona, MI | 28.5 miles | 1,476 |
| Manistee Lake, MI | 28.7 miles | 412 |
| Harrietta, MI | 31.1 miles | 230 |
| Frankfort, MI | 32 miles | 1,225 |
| Elberta, MI | 32.2 miles | 174 |
| Bear Lake, MI | 32.3 miles | 343 |
| Jennings, MI | 32.8 miles | 254 |
| Kaleva, MI | 33.2 miles | 542 |
| Ellsworth, MI | 33.5 miles | 265 |
| Haring, MI | 34.2 miles | 199 |
| Norwood, MI | 34.2 miles | 126 |
| Alba, MI | 34.7 miles | 282 |
| Lake City, MI | 35.2 miles | 705 |
| Arcadia, MI | 36 miles | 120 |
| Cadillac, MI | 36.1 miles | 10,445 |
| East Jordan, MI | 36.1 miles | 2,023 |
| Brethren, MI | 37.1 miles | 318 |
| Lakes of the North, MI | 37.4 miles | 1,524 |
| Wedgewood, MI | 39.2 miles | 241 |
| Onekama, MI | 39.9 miles | 305 |
| Ironton, MI | 40.1 miles | 173 |
| Advance, MI | 40.9 miles | 377 |
| Wellston, MI | 41.1 miles | 353 |
| Charlevoix, MI | 42.2 miles | 2,392 |
| Boyne City, MI | 42.9 miles | 3,825 |
| McBain, MI | 43.1 miles | 706 |
| Falmouth, MI | 43.6 miles | 222 |
| Boyne Falls, MI | 44.2 miles | 361 |
| Grayling, MI | 44.5 miles | 1,671 |
| Horton Bay, MI | 44.7 miles | 374 |
| Tustin, MI | 45.7 miles | 203 |
| Parkdale, MI | 47.2 miles | 573 |
| Walloon Lake, MI | 48.2 miles | 294 |
| Bay Shore, MI | 48.3 miles | 697 |
| Gaylord, MI | 48.8 miles | 4,357 |
| Eastlake, MI | 48.9 miles | 318 |
| Luther, MI | 49.6 miles | 303 |
| Stronach, MI | 49.9 miles | 155 |
| Manistee, MI | 50.1 miles | 6,275 |
| Le Roy, MI | 50.1 miles | 202 |
| Filer City, MI | 50.3 miles | 178 |
| Oak Hill, MI | 50.5 miles | 519 |
| Marion, MI | 50.6 miles | 581 |