Moving to Traverse City
What you need to know before relocating to Traverse City, Michigan. Data-driven insights on housing, jobs, safety, and quality of life.
Is Traverse City a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Traverse City compares favorably on multiple dimensions. Highlights include high school graduation rate of 92%; low uninsured rate (6.2%) and good healthcare access.
Traverse City at a Glance
Cost of Living in Traverse City
The median rent in Traverse City is $1,288/month, while the median home value is $333,800. With a median household income of $78,073, residents spend roughly 20% of monthly income on rent.
Overall, the Traverse City metro area is classified as expensive compared to other US metros.
Job Market
Traverse City has a median household income of $78,073, which is 5% above the national median. The local unemployment rate is 3.9%, compared to the national average of 3.7%.
Safety in Traverse City
The violent crime rate in Traverse City is 457 per 100,000 residents, which is 20% above the national average of 380.
Property crime rate: 1547 per 100,000 residents.
Education in Michigan
Michigan has a high school graduation rate of 92% and per-pupil spending of $16,208/year. The student-to-teacher ratio is 15:1.
35% of Michigan adults hold a bachelor's degree or higher.
Healthcare Access
Michigan has 292 physicians per 100,000 residents, a 6.2% uninsured rate, and 2.8 hospital beds per 1,000 people. Life expectancy in Michigan is 76.9 years.
Pros and Cons of Living in Traverse City
+Pros
- ✓High school graduation rate of 92%
- ✓Low uninsured rate (6.2%) and good healthcare access
-Cons
- ✗Longer-than-average commute (66707 min)
Frequently Asked Questions
Is Traverse City a good place to live?⌄
Traverse City, Michigan has several attributes that make it an attractive place to live, including high school graduation rate of 92% and low uninsured rate (6.2%) and good healthcare access. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Traverse City?⌄
The median rent in Traverse City is $1,288/month and the median home value is $333,800. The median household income is $78,073. Overall the metro is considered expensive.
Is Traverse City safe?⌄
Traverse City has a violent crime rate of 457 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Traverse City?⌄
Traverse City has an unemployment rate of 3.9%, compared to the national average of 3.7%. The median household income is $78,073.