Traverse City, MIPublished Date: December 23, 2024Traverse City is located in Grand Traverse County, Michigan and has a population of 15,468. The poverty rate in Traverse City is 11.2% and is lower than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Traverse City is 5.3% while the Grand Traverse County unemployment rate is 3.9%.
| | Population | |
|---|
| Male | | 48.5% |
| Female | | 51.5% |
| | Median Age (city/county) | |
|---|
| Traverse City | | 41.9 |
| Grand Traverse | | 42.8 |
| | Median Household Income (city/county) | |
|---|
| Traverse City | | $70,700 |
| Grand Traverse | | $75,553 |
| | Median Home Value (city/county) | |
|---|
| Traverse City | | $336,375 |
| Grand Traverse | | $273,074 |
| | Median Rent (city/county) | |
|---|
| Traverse City | | $1,021 |
| Grand Traverse | | $1,147 |
| | Poverty Rate (city/county) | |
|---|
| Traverse City | | 11.2% |
| Grand Traverse | | 10.4% |
Races and Ethnicity
▩ White 92%
▩ Black or African American 1.4%
▩ Asian 1.4%
▩ Native 0.6%
▩ Pacific 0%
▩ Other 0.4%
▩ Hispanic 3.5%
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