Traverse City, MI Demographics

Population - Employment - Households - Income / Financial - Housing - Education - Marital Status - Means of Transport to Work - Median Income by Zipcode

What is the population of Traverse City?

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There are 15,263 residents in Traverse City, with a median age of 40.4. Of this, 47.77% are males and 52.23% are females. US-born citizens make up 95.27% of the resident pool in Traverse City, while non-US-born citizens account for 3.22%. Additionally, 1.51% of the population is represented by non-citizens.
A total of 12,559 people in Traverse City currently live in the same house as they did last year.
Y-o-Y Change
Total Population 15,263 -1.7%
Male Population 7,291 -2.7%
Female Population 7,972 -0.8%
Male population 47.77%
Female population 52.23%
Y-o-Y Change
Median Age 40.4 0.8%
Citizen US Born 14,541 -1.5%
Citizen not US Born 491 -5.8%
Not Citizen 231 -4.2%
Citizen US Born 95.27%
Citizen not US Born 3.22%
Not Citizen 1.51%
Y-o-Y Change
Moved from Abroad 80 263.6%
Moved from Same County 1,212 4.6%
Moved from Same State 793 -19.7%
Moved from Different State 477 22.9%
Same House as Last Year 12,559 -2.1%
Moved from Abroad 0.53%
Moved from Same County 8.02%
Moved from Same State 5.24%
Moved from Different State 3.15%
Same House as Last Year 83.06%

What are the employment statistics in Traverse City?

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White-collar workers make up 82.95% of the working population in Traverse City, while blue-collar employees account for 17.05%. There are also 946 entrepreneurs in Traverse City (12.29% of the workforce); 4,999 workers employed in private companies (64.96%); and 938 people working in governmental institutions (12.19%).
Y-o-Y Change
White Collar 6,383 -4.5%
Blue Collar 1,312 2.3%
White Collar 82.95%
Blue Collar 17.05%
Y-o-Y Change
Self Employees 946 -6.0%
Private Companies 4,999 -5.1%
Governmental Workers 938 7.6%
Not for Profit Companies 812 -0.7%
Self Employees 12.29%
Private Companies 64.96%
Governmental Workers 12.19%
Not for Profit Companies 10.55%

How many households are there in Traverse City?

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There are a total of 6,844 households in Traverse City, each made up of around 2 members. Family establishments represent 51.24% of these Traverse City households, while non-family units account for the remaining 48.76%. Additionally, 22.91% of households have children and 77.09% of households are without children.
Y-o-Y Change
Total Households 6,844 -0.6%
Average People Per Household 2 -0.5%
Family Households 3,507 1.7%
Non-family Households 3,337 -3.0%
Family Households 51.24%
Non-family Households 48.76%
Y-o-Y Change
Households with Children 1,568 2.1%
Households without Children 5,276 -1.4%
Households with Children 22.91%
Households without Children 77.09%

What are the median and average incomes in Traverse City?

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The average annual household income in Traverse City is $88,013, while the median household income sits at $64,033 per year. Residents aged 25 to 44 earn $67,593, while those between 45 and 64 years old have a median wage of $78,140. In contrast, people younger than 25 and those older than 65 earn less, at $26,541 and $53,271, respectively.
Y-o-Y Change
Average Household Income $88,013 7.6%
Median Household Income $64,033 4.9%
People below Poverty Level 1,433 -4.3%
People above Poverty Level 13,108 -0.9%

How many homeowners and renters are there in Traverse City?

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There are 7,851 housing units in Traverse City, and the median year in which these properties were built is 1958. Of the 6,844 occupied housing units in Traverse City, 60.72% are owner-occupied, while 39.28% have renters living in them.
Meanwhile, properties bought with mortgages account for 61.45% of the units, and the median value of a home with a mortgage is $292,500. In general, housing costs reach $1,047 per month in Traverse City.
Y-o-Y Change
Housing Units 7,851 2.4%
Median Year Built 1958 0.1%
Built in 1939 or Earlier 2,729 -1.4%
Built between 1940 and 1949 413 9.8%
Built between 1950 and 1959 940 -0.7%
Built between 1960 and 1969 573 -7.4%
Built between 1970 and 1979 1,200 10.8%
Built between 1980 and 1989 428 -2.5%
Built between 1990 and 1999 489 0.2%
Built between 2000 and 2009 620 10.5%
Built between 2010 and 2019 459 N/A
Y-o-Y Change
Occupied Housing Units 6,844 -0.6%
Owner Occupied 4,156 -0.9%
Renter Occupied 2,688 -0.2%
Owner Occupied 60.72%
Renter Occupied 39.28%
Y-o-Y Change
With Mortgage 2,554 -4.6%
Without Mortgage 1,602 5.5%
Median Value with Mortgage $292,500 6.2%
Median Value without Mortgage $293,200 -0.9%
Median Housing Costs per Month $1,047 4.4%
With Mortgage 61.45%
Without Mortgage 38.55%

What is the level of education in Traverse City?

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Approximately 20.69% of the population in Traverse City holds a high school degree (that's 2,590 residents), while 23.95% have attained a college certificate (3,469 locals) and 25.51% have a bachelor's degree (3,194 people).
Y-o-Y Change
No High School 59 -33.0%
Some High School 2,590 -8.7%
Some College 3,469 -2.9%
Associate Degree 1,380 -1.6%
Bachelor's Degree 3,194 -0.6%
Graduate Degree 2,298 7.1%
No High School 0.47%
Some High School 20.69%
Some College 23.95%
Associate Degree 11.02%
Bachelor's Degree 25.51%
Graduate Degree 18.36%

What is the marital status of Traverse City residents?

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A total of 4,628 people in Traverse City have never been married (which represents 35.47% of the total population), while 5,531 of them are wedded (42.39%). Separated and divorced residents are in smaller numbers, at 74 (0.57%) and 2,039 (15.63%), respectively.
Y-o-Y Change
Never Married 4,628 -1.6%
Married 5,531 -0.3%
Separated 74 -12.9%
Widowed 851 -9.8%
Divorced 2,039 -3.5%
Never Married 35.47%
Married 42.39%
Separated 0.57%
Widowed 6.52%
Divorced 15.63%

What are the most common means of transportation in Traverse City?

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The top three means of transportation people in Traverse City use to get to work are: car, walking and bicycle. A total of 5,451 residents commute by car, 496 prefer going to work by walking and 362 by bicycle.
Y-o-Y Change
Car 5,451 -7.2%
Bus or TrolleyBus 256 -17.1%
Bicycle 362 -16.2%
TaxiCab 13 N/A
Walk 496 -3.1%

What is the median and average household income in Traverse City by zipcode?

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ZipCode Population Number of Households Median Income Average Income
49684 21,388 8,985 $65,667.00 $90,760.00
49686 24,714 11,063 $64,334.00 $88,804.00

Methodology & Disclaimers


Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2021 American Community Survey. The information is updated yearly, as soon as new data is made available by the US Census Bureau.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

Zip codes included in this demographic data: 49684 49686

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