Traverse City employment information

IndexTraverse CityMichiganNational
Income per capita$33,675$27,549$29,829
Median household income$51,139$50,803$55,322
Median income owner occupied$67,141$62,251$70,586
Median income renter occupied$31,008$28,598$35,192
Median earnings male$28,229$35,730$36,919
Median earnings female$22,564$22,948$26,250
Unemployment rate3.7%5.2%4.7%
Poverty level11.9%16.3%15.1%
The Traverse City, MI employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Traverse City is $33,675, which is 22% higher than than the Michigan average and 13% higher than than the national average. The median household income is $51,139, which is 1% higher than than the Michigan average and 8% lower than than the national average. The unemployment rate in Traverse City is 4%, which is 21% lower than than the national average. The poverty rate in Traverse City is 12% which is 21% lower than than the national average.

am i middle class

$Input your household income
$34,089$51,139$102,278
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.

Did you know?

  • The income per capita in Traverse City is 13% higher than the national average.
  • The median household income in Traverse City is 8% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Traverse City is 21% lower than the national average.
  • The poverty level in Traverse City is 21% lower than the national average.

Find Real Estate Listings In Traverse City

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Traverse City

Compare Traverse City, MI Employment To Other Cities

Employment status

Hours worked per week

Traverse City median earnings by income bracket

Traverse City employment by industry

Labour TypeMaleFemale
Construction industry6.2%0.3%
Manufacturing sector11.8%1.5%
Financial & insurance services6.3%2.9%
Wholesale & retail services16.4%15.0%
Public administration0.9%2.2%
Transportation, warehousing & utilities5.0%0.7%
Education, health & social services11.3%39.4%
Other38.9%29.6%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Chums Corner, MI1,353$61,31011%
Elk Rapids, MI1,574$49,02211%
Lake Ann, MI241$47,29215%
Maple City, MI195$46,25016%
Greilickville, MI1,905$44,32420%
Traverse City, MI15,392$51,1398%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Fillmore, CA15,391$55,5120%
Northview, MI15,393$54,1372%
Hudson, MA15,379$72,11730%
Cutlerville, MI15,379$47,54314%
El Sobrante, CA15,374$106,21992%
Traverse City, MI15,392$51,1398%
Source: The Traverse City, MI employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).