Traverse City, MI Employment - Median Household Income, Unemployment Rate

Get 300+ Local Insights for Any Address in Traverse City, MI

Get Access to 300+ Local Data Points

B

27%

Income/capita NAT. AVG.

10%

Household income NAT. AVG.

30%

Unemployment NAT. AVG.

Index	Traverse City	Michigan	National
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 rate	3.3%	5.2%	4.7%
Poverty level	10.1%	16.3%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

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

Compare Traverse City, MI Employment

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Best Places for Employment in and Around Traverse City

See all the best places to live around Traverse City

Write a review to give others more information about this area.

See all Traverse City poll results

am i middle class

$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.

The best places in Michigan

Here are the best places to live in Michigan

Check out the 10 safest cities in Michigan

See the best places to live in Traverse City

Safest States In The US

Traverse City median earnings by income bracket

Traverse City employment by industry

Labour Type	Male	Female
Construction industry	8.9%	8.9%
Manufacturing sector	14.0%	14.0%
Financial & insurance services	2.6%	2.6%
Wholesale & retail services	14.3%	14.3%
Public administration	2.5%	2.5%
Transportation, warehousing & utilities	3.9%	3.9%
Education, health & social services	15.1%	15.1%
Other	37.2%	37.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Interlochen, MI	438	$87,150	57.5%
Maple Grove, MI	194	$80,417	45.4%
Greilickville, MI	1,765	$66,667	20.5%
Lake Ann, MI	220	$65,833	19.0%
Chums Corner, MI	1,117	$60,625	9.6%
Traverse City, MI	15,525	$61,056	10.4%

Cities with similar population

City	Population	Household Income	National Avg.
Groves, TX	15,531	$56,336	1.8%
The Dalles, OR	15,518	$53,457	3.4%
Longwood, FL	15,514	$65,651	18.7%
Middleburg Heights, OH	15,514	$68,125	23.1%
Asbury Park, NJ	15,536	$53,655	3.0%
Traverse City, MI	15,525	$61,056	10.4%

Source: The Traverse City, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).