Amenities
Conveniently located, the area boasts a variety of amenities, including grocery stores, shopping, coffee shops and entertainment options all within walking distance.
Commute
The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.
Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Nothing Found
None of the categories scored poorly, resulting in no identified cons for this area.
Located in the state of Michigan, Traverse City is a medium-sized city with a population of 16,116 people. At 92%, the majority of the Traverse City population is White; this is followed by 1% Black and 1% Asian. All the single ladies and all the single fellas might want to take notice as only 49% of the Traverse City population is married. If you are not a fan of long commutes, you will enjoy living in Traverse City. With an average one way commute time of only 18 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Living in Traverse City can be a great experience for anyone moving to the city. Having said that, in the state of Michigan, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Traverse City and in surrounding cities are easier to find when you are able to make informed decisions. Using data from cost of living, commute, health & safety, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Michigan and national averages.
Traverse City has a livability score of 91 out of 100 and is ranked #4 in Michigan and #40 in the USA. Clearly, Traverse City is doing something right, as this score ranks well above the average of most cities. The cherry on top is that Traverse City also ranks in the top 10 percent of all cities. If we explore each of the categories on their own, we see that Traverse City ranks well for amenities (A+), crime (B), cost of living (A+), education (A-), employment (B) and housing (A+).
Traverse City has many conveniently situated amenities and captivating attractions that adds to the continuous enjoyment of your everyday life. Having the assurance of abundant conveniences and a wide array of activities ensures your easy access to nearby grocery stores, restaurants, bars, fitness facilities, coffee shops and exciting entertainment options. This not only simplifies daily routines but also fosters a vibrant and dynamic lifestyle within the community. With a wealth of resources at your fingertips, you can savor the convenience and variety that Traverse City has to offer, making it a desirable destination for those seeking both accessibility and enjoyment in their daily lives.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Traverse City market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Traverse City is real estate affordability. Median real estate prices in Traverse City come in at $514,141, which is 118% higher than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Traverse City, the home price to income ratio is 5.7, which is 78.1% higher than the Michigan average.
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.
| Statistic | Traverse City | Michigan | National |
| Average one way commute | 18min | 24min | 26min |
| Workers who drive to work | 65.6% | 82.5% | 76.4% |
| Workers who carpool | 9.2% | 8.8% | 9.3% |
| Workers who take public transit | 3.9% | 1.4% | 5.1% |
| Workers who bicycle | 5.5% | 0.5% | 0.6% |
| Workers who walk | 6.5% | 2.2% | 2.8% |
| Working from home | 8.7% | 3.7% | 4.6% |
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