B
27%
Income/capita NAT. AVG.
10%
Household income NAT. AVG.
30%
Unemployment NAT. AVG.
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IndexTraverse CityMichiganNational
Income per capita$37,925$27,549$29,829
Median household income$61,056$50,803$55,322
Median income owner occupied$86,250$62,251$70,586
Median income renter occupied$31,439$28,598$35,192
Median earnings male$31,549$35,730$36,919
Median earnings female$29,148$22,948$26,250
Unemployment rate3.3%5.2%4.7%
Poverty level10.1%16.3%15.1%
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Key findings

  • The income per capita in Traverse City is 27% higher than the national average
  • The median household income in Traverse City is 10% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Traverse City is 30% lower than the national average
  • The poverty level in Traverse City is 33% lower than the national average

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      am i middle class

      $
      Input your household income
      $40,699 $61,056 $122,112
      City
      $33,865 $50,803 $101,606
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Traverse City median earnings by income bracket

      Traverse City employment by industry

      Labour TypeMaleFemale
      Construction industry8.9%8.9%
      Manufacturing sector14.0%14.0%
      Financial & insurance services2.6%2.6%
      Wholesale & retail services14.3%14.3%
      Public administration2.5%2.5%
      Transportation, warehousing & utilities3.9%3.9%
      Education, health & social services15.1%15.1%
      Other37.2%37.2%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Interlochen, MI438$87,15057.5%
      Maple Grove, MI194$80,41745.4%
      Greilickville, MI1,765$66,66720.5%
      Lake Ann, MI220$65,83319.0%
      Chums Corner, MI1,117$60,6259.6%
      Traverse City, MI15,525$61,05610.4%

      Cities with similar population

      City Population Household Income National Avg.
      Groves, TX15,531$56,3361.8%
      The Dalles, OR15,518$53,4573.4%
      Longwood, FL15,514$65,65118.7%
      Middleburg Heights, OH15,514$68,12523.1%
      Asbury Park, NJ15,536$53,6553.0%
      Traverse City, MI15,525$61,05610.4%
      Source: The Traverse City, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).