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

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B

27%

Income/capita NAT. AVG.

12%

Household income NAT. AVG.

31%

Unemployment NAT. AVG.

Index	Traverse City	Michigan	National
Income per capita	$57,128	$40,534	$44,883
Median household income	$90,818	$74,200	$81,333
Median income owner occupied	$130,832	$92,757	$106,172
Median income renter occupied	$46,637	$42,775	$52,080
Median earnings male	$47,041	$52,653	$54,343
Median earnings female	$43,537	$34,413	$38,439
Unemployment rate	3.4%	5.5%	4.9%
Poverty level	10.1%	16.3%	15.1%

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Homes For Sale In Traverse City, MI

4103 Lady Slipper Ln

Traverse City, MI

4095 Geranium Ln

Traverse City, MI

100 E Front St

Traverse City, MI

100 E Front St #201

Traverse City, MI

Key findings

The income per capita in Traverse City is 27% higher than the national average
The median household income in Traverse City is 12% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Traverse City is 31% 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

$60,539 $90,818 $181,636

City

$49,461 $74,200 $148,400

State

$54,216 $81,333 $162,666

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.

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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	449	$127,892	57.2%
Maple Grove, MI	200	$118,785	46.0%
Greilickville, MI	1,822	$100,543	23.6%
Lake Ann, MI	225	$97,477	19.8%
Elk Rapids, MI	1,569	$90,142	10.8%
Traverse City, MI	16,116	$90,818	11.7%

Cities with similar population

City	Population	Household Income	National Avg.
Wilmington Island, GA	16,119	$123,551	51.9%
La Grange, IL	16,121	$180,795	122.3%
Isla Vista, CA	16,124	$31,427	61.4%
Azalea Park, FL	16,106	$72,200	11.2%
Hermitage, PA	16,098	$85,304	4.9%
Traverse City, MI	16,116	$90,818	11.7%

Source: The Traverse City, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.