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

Traverse City$74,087
Michigan avg$72,875
US$80,734

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

White87.7%
Two or more races6.2%
Hispanic or Latino3.6%
Black1.3%
Asian1.1%

Hispanic or Latino of any race; other groups are non-Hispanic

Top countries of origin (foreign-born)

India12.4%
Bangladesh8.2%
Serbia7.2%
Spain6.7%
Hong Kong6.2%
Colombia5.9%
Russia5.7%
Philippines5.2%
Iraq4.6%
Romania4.6%

Languages Spoken at Home

English only96.5%
Spanish2.1%
Russian/Slavic0.4%
Other Indo-European0.2%
French/Haitian0.2%
Tagalog/Filipino0.1%
Other0.1%
German/Germanic0.1%

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)

Traverse City$995
Michigan avg$1,129
US$1,413

Median home value

Traverse City$415,400
Michigan avg$231,600
US$332,700

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

$340,714
$444,107
202120222023202420252026

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 City4.1%
Michigan avg5.2%
US4.3%

Traverse City: Grand Traverse County rate (county-wide) · BLS annual average

Unemployment Rate — 10 Year Trend

4.3%
4.1%
3.7%
3.5%
8.5%
4.8%
3.7%
3.4%
3.9%
4.1%
2016201720182019202020212022202320242025

Grand Traverse County (county-wide) · Annual averages

What Traverse City Residents Do for Work · share of employed residents by industry

Education & health care27.8%
Professional & business services15.3%
Retail11.3%
Arts, hospitality & food service10.6%
Manufacturing9.6%
Finance & real estate9.3%
Construction4.6%
Other services3.9%

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

Drive alone58.3%
Carpool6.5%
Public transit1.1%
Walk5.9%
Work from home19.4%
Other8.9%

Commute Time Distribution

Under 15 min56.2%
15–29 min30.5%
30–44 min6.8%
45–59 min1.6%
60+ min5.0%

Nearest airports · with airline service

  • Cherry Capital Airport (TVC)

    Regional airport · few flights462k passengers boarded in 2025

    1 mi

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).

Winter weather · Very HighCold wave · HighLightning · ModerateStrong wind · Moderate

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:

Winter StormThunderstorm WindHailFlash FloodFlood

Storm events by year

YearEventsTop TypeProperty Damage
20259Winter Storm$12,000
20247Winter Storm$27,000
202311Flood$23,000
20225Winter Storm$4,000
202110Winter Storm$90,000
20208Flash Flood$462,000
201910Lake-Effect Snow$43,000
20187Thunderstorm 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

High °FLow °FPrecip (in)
0°20°40°60°80°4.5"Jan: 2.71" precipitationFeb: 2.03" precipitationMar: 2.13" precipitationApr: 3.44" precipitationMay: 3.45" precipitationJun: 2.94" precipitationJul: 2.76" precipitationAug: 3.19" precipitationSep: 3.61" precipitationOct: 4.08" precipitationNov: 3.19" precipitationDec: 2.67" precipitationJJan: high 28°F, low 15°F14°FFeb: high 30°F, low 14°FMMar: high 39°F, low 21°FAApr: high 52°F, low 31°FMMay: high 65°F, low 42°FJJun: high 75°F, low 53°F79°JJul: high 79°F, low 58°FAAug: high 78°F, low 57°FSSep: high 71°F, low 50°FOOct: high 57°F, low 39°FNNov: high 44°F, low 30°FDDec: high 33°F, low 22°F
Show month-by-month table ↓
MonthHighLowPrecip
Jan28°F15°F2.71"
Feb30°F14°F2.03"
Mar39°F21°F2.13"
Apr52°F31°F3.44"
May65°F42°F3.45"
Jun75°F53°F2.94"
Jul79°F58°F2.76"
Aug78°F57°F3.19"
Sep71°F50°F3.61"
Oct57°F39°F4.08"
Nov44°F30°F3.19"
Dec33°F22°F2.67"

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

Obesity35.1%US 36.8%
Diabetes10.6%US 12.6%
High blood pressure34.7%US 37.1%
Current smoking12.5%US 15.0%
No leisure-time physical activity22.5%US 26.6%
Depression25.9%US 23.0%
Asthma11.1%US 10.7%
Routine checkup in past year80.5%US 78.2%

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

Northwestern Michigan College

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 away

Public Libraries in Traverse City

Traverse Area District Library

610 Woodmere Avenue, Traverse City

Central library~67 hrs/week

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.

Moving to Traverse City →

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