Traverse City

Traverse City, MI

MichiganPop. 156K#286 largest metro

Compare this city All MI metros

Median Rent

$1,288/mo

#388 most affordable

Median Income

$78,073

#122 highest income

Median Home Value

$333,800

#380 most affordable to buy

Population

156K

#286 largest metro

Cost of Living Index

BEA Regional Price Parities (US average = 100)

111.5COL Index

Expensive+11.5% above US average

Very Affordable (≤80)US Avg (100)Very Expensive (≥130)

Housing

Relative to all 530 metros

Monthly Rent

$1,288/mo

Home Value

$333,800

Rent-to-income ratio20% of gross income

Monthly rent affordabilityModerate

Income & Economy

Household earnings data

Median Income

$78,073

Metro Population

156K

Monthly take-home (~75%)$4,880/mo

After-rent surplus (est.)$3,592/mo

National Rankings

Out of 530 metros

🏠

Affordability (rent)

#388/ 530

💰

Median Income

#122/ 530

🏡

Home Value (lowest)

#380/ 530

👥

Metro Population

#286/ 530

Education

Michigan state-level education statistics

Graduation Rate91.9%

Per-Pupil Spending$16,208

Student-Teacher Ratio14.9:1

SAT Readiness Score953

Bachelor's Degree %34.9%

Healthcare

Michigan state-level healthcare access & outcomes

Physicians per 100K292

Uninsured Rate6.2%

Hospital Beds per 1K2.8

Life Expectancy76.9 yrs

Crime & Safety

Per 100,000 residents

Violent Crime Rate457/100k

Property Crime Rate1547/100k

Unemployment Rate3.9%

Crime rates are state-level averages and may not reflect this metro area specifically.

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Traverse City

Cost of Living Index

Housing

Income & Economy

National Rankings

Education

Healthcare

Crime & Safety

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