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Living in
Traverse City.
About
Life in Traverse City
Living in Traverse City means embracing a place where tourism and agriculture form the economic backbone, but what actually keeps people here is something deeper—access to an exceptional quality of life wrapped in genuine four-season living. The job market centers on hospitality, wine production, and a handful of anchor employers like Hagerty Insurance and Coast Guard Air Station operations, with an unemployment rate of 3.9% that speaks to solid opportunity; if you're not in those industries, you'll want to research remote work or be prepared for limited options in specialized fields. Housing costs have climbed considerably—median home values sit around $415,400 and rent averages $995 monthly—which is steep for Northern Michigan, though still reasonable compared to coastal cities, and the tight rental market (6.5% vacancy) means you should move fast if you find something.
Traverse City at a Glance
Population, income, housing and more
Median Age
42.7 yrs
Poverty Rate
12.3%
Foreign-Born
2.5%
Broadband Internet
91.2%
of households
Population Growth
+1.1%
recent change · Census Bureau
Median household income
Demographics2.5% foreign-born, most often from India
Who lives in Traverse City: race and ethnicity, ages, households, languages and countries of origin
In Traverse City, the largest foreign-born group is from India (12.4%), and 2.1% of residents speak Spanish at home.
Under 18
16.6%
of residents
65 and Older
23.9%
of residents
Households with Kids
23.2%
anyone under 18
Living Alone
42.6%
of households
Married Couples
38.1%
of households
Avg Household Size
2.06
people
Race & Ethnicity
Hispanic or Latino of any race; other groups are non-Hispanic
Top countries of origin (foreign-born)
Languages Spoken at Home
Cost of Livingrent 12% below MI average
Rent, home values, and income in Traverse City
In Traverse City, rent runs 12% below the MI average, and home values are 79% above the MI average.
Median rent (per month)
Median home value
Rent Burdened
45.6%
spending 30%+ of income on rent
Severely Rent Burdened
15.4%
spending 50%+
Cost of Living Index
93.4
metro area (BEA) · US avg = 100
Median Property Tax
$4,671
per year, owner-occupied homes
Homeowners
63.7%
of occupied homes are owned
Typical Home Built
1964
median year built
Vacant Homes
15.2%
of housing units
Home Value Trend
Latest: $444,107 (September 2026)
Jobs & Economyunemployment 1.1 pts below MI average
Unemployment in Traverse City
Unemployment in Grand Traverse County, which includes Traverse City, is 1.1 percentage points lower than the MI average.
Unemployment rate
Traverse City: Grand Traverse County rate (county-wide) · BLS annual average
Unemployment Rate — 10 Year Trend
Grand Traverse County (county-wide) · Annual averages
What Traverse City Residents Do for Work · share of employed residents by industry
City residents, wherever they work
Commute17.2 min avg
How Traverse City residents get to work, and the nearest airports
In Traverse City, most residents drive alone to work (58%), and 87% get there in under 30 minutes.
How People Get to Work
Commute Time Distribution
Nearest airports · with airline service
- 1 mi
Cherry Capital Airport (TVC)
Regional airport · few flights462k passengers boarded in 2025
Straight-line distance. Size is the FAA’s hub category, based on passenger traffic: regional airports may have only a few flights a day.
Safetyviolent crime 77% above national average
Crime rates for 2025
Violent crime in Traverse City runs 77% above the national average.
Violent Crime Rate
581.9
per 100,000 residents
Above average (329 national, 2025)
Property Crime Rate
746.4
per 100,000 residents
Below average (1,552 national, 2025)
Traverse City Police Department
Natural DisastersWinter Storm most common — 9 events in 2025
Natural hazard risk, storms and earthquakes
FEMA National Risk Index
Relatively Low
65.6 / 100
Compares expected losses from natural hazards, social vulnerability and community resilience against every US county (higher = more risk).
Grand Traverse County, county-wide · FEMA NRI December 2025
In Grand Traverse County, which includes Traverse City, the most common type is winter storm, with 9 recorded events in 2025.
Most common events:
Storm events by year
| Year | Events | Top Type | Property Damage |
|---|---|---|---|
| 2025 | 9 | Winter Storm | $12,000 |
| 2024 | 7 | Winter Storm | $27,000 |
| 2023 | 11 | Flood | $23,000 |
| 2022 | 5 | Winter Storm | $4,000 |
| 2021 | 10 | Winter Storm | $90,000 |
| 2020 | 8 | Flash Flood | $462,000 |
| 2019 | 10 | Lake-Effect Snow | $43,000 |
| 2018 | 7 | Thunderstorm Wind | $21,500 |
Property damage is the National Weather Service's estimate filed with each event. “None reported” means the events were logged with $0 damage; “Not estimated” means no estimate was filed. Storms covering several counties aren't counted here, since NOAA doesn't split their damage by county.
0 earthquakes of magnitude 2.5+ within 100 miles in the past year
Grand Traverse County, county-wide
Air Quality36 median AQI — Good
Days by air quality category (2025)
Air quality in Wexford County, MI (the nearest EPA-monitored county, about 29 miles from Traverse City) is typically good — 339 good-air days per year.
Median AQI
36
Good Days
339
per year
Moderate Days
21
per year
Unhealthy Days
0
per year
Nearest EPA monitor county: Wexford County, MI (29 mi away)
Climate77°F summers, 17°F winters
30-year climate averages (1991–2020) — monthly temperatures and precipitation
Traverse City has mild summers (avg high 77°F) and very cold winters (avg low 17°F).
Spring (Mar–May)
52°/31°F
avg high / low
Summer (Jun–Aug)
77°/56°F
avg high / low
Fall (Sep–Nov)
57°/40°F
avg high / low
Winter (Dec–Feb)
30°/17°F
avg high / low
Annual Precipitation
36.2"
Annual Snowfall
101.0"
Hot Days/Year
6
days above 90°F
Freeze Days/Year
154
days below 32°F
Rainy Days/Year
168
Average month
Show month-by-month table ↓Hide table ↑
| Month | High | Low | Precip |
|---|---|---|---|
| Jan | 28°F | 15°F | 2.71" |
| Feb | 30°F | 14°F | 2.03" |
| Mar | 39°F | 21°F | 2.13" |
| Apr | 52°F | 31°F | 3.44" |
| May | 65°F | 42°F | 3.45" |
| Jun | 75°F | 53°F | 2.94" |
| Jul | 79°F | 58°F | 2.76" |
| Aug | 78°F | 57°F | 3.19" |
| Sep | 71°F | 50°F | 3.61" |
| Oct | 57°F | 39°F | 4.08" |
| Nov | 44°F | 30°F | 3.19" |
| Dec | 33°F | 22°F | 2.67" |
Healthcare1 hospital, avg 4.0/5
Hospitals, ratings, and health insurance in Traverse City
Traverse City has 1 hospital, averaging 4.0 out of 5 on CMS's quality rating — above-average care.
Hospitals
1
within city limits
Uninsured
3.8%
of residents
Avg Hospital Rating
4.0 / 5
Munson Medical Center
Acute Care Hospitals · ER available
Adult Health · vs. the typical US place
Share of adults. Modeled estimates, not counted cases. “US” = the typical US place.
Medicare-certified hospitals only. Doesn’t include clinics, urgent care, or freestanding ERs.
Education13.6:1 student/teacher ratio
Schools and degree attainment in Traverse City
Traverse City's student/teacher ratio is 13.6:1 (lower than the national average of 16:1), and 47.4% of adults 25+ hold a bachelor's degree or higher.
Public Schools
10
within city limits
Private Schools
2
within city limits
College Degree Rate
47.4%
adults 25+ with bachelor's or higher
Student/Teacher Ratio
13.6:1
National avg 16:1
Schools located within city limits (2023) — school-level metrics change slowly year to year
Colleges & Universities in Traverse City
Public · 2-year · 2,813 students · in-state tuition $6,073 · 34% graduate · median earnings $44,186 (10 yrs after entry)
Degree-granting colleges with 100+ students, placed by campus location (main campuses only — branch campuses are reported under their parent school)
Parks & Recreationclosest: Sleeping Bear Dunes National Lakeshore, 24 mi
Nearby national parks, recreation areas and public libraries for Traverse City
Traverse City has 1 nearby national park or recreation area, closest being Sleeping Bear Dunes National Lakeshore (24 mi away).
Nearby National Parks & Recreation Areas
Sleeping Bear Dunes National Lakeshore
National Lakeshore
24 mi awayPublic Libraries in Traverse City
Traverse Area District Library
610 Woodmere Avenue, Traverse City
Cities Near Traverse City
The closest cities within 60 miles
Planning a move to Traverse City?
Read our full moving guide — what it's really like to live here.
Traverse City FAQ
Is Traverse City, Michigan affordable?⌄
Traverse City's median rent is $995/month, which is below the national average, making it relatively affordable. The median household income is $74,087/year. Median home value is $415,400.
Is Traverse City, Michigan safe?⌄
Traverse City's violent crime rate was 582 per 100,000 residents in 2025, which is significantly above the national average of 329/100k that year. Property crime rate is 746 per 100,000. As with any city, crime rates vary by neighborhood.
What is the job market like in Traverse City, Michigan?⌄
Grand Traverse County, which includes Traverse City, has an unemployment rate of 4.1%, which is close to the national average of 4.3%.
What is the cost of living in Traverse City, Michigan?⌄
The cost of living in Traverse City is primarily driven by housing. Median rent is $995/month and median household income is $74,087/year. The median home value is $415,400. About 46% of renters spend more than 30% of their income on housing.
How is the commute in Traverse City, Michigan?⌄
The average commute in Traverse City is 17 minutes, which is shorter than average compared to the national average of 26 minutes.
Data from the US Census Bureau, BLS, FBI, NOAA, EPA, Zillow Research and other public sources. Where our data comes from