Traverse City, MI

Census Place

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    2024 Population
    15,593
    2024 Poverty Rate
    12.3%
    35.3% 1-year increase
    2024 Median Household Income
    $74,087
    3.28% 1-year growth
    2024 Median Property Value
    $415,400
    13% 1-year growth

    About

    None of the households in Traverse City, MI reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

    The largest universities in Traverse City, MI are Northwestern Michigan College (562 degrees awarded in 2024).

    In 2024, the median property value in Traverse City, MI was $415,400, and the homeownership rate was 63.7%.

    Most people in Traverse City, MI drove alone to work, and the average commute time was 17.2 minutes. The average car ownership in Traverse City, MI was 2 cars per household.

    Population & Diversity

    In 2024, there were 26.7 times more White (Non-Hispanic) residents (13.7k people) in Traverse City, MI than any other race or ethnicity. There were 512 Two Races Including Other (Non-Hispanic) and 450 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

    Race and Ethnicity

    The 3 largest ethnic groups in Traverse City, MI
    1. White (Non-Hispanic)
      13.7k ± 407
    2. Two Races Including Other (Non-Hispanic)
      512 ± 321
    3. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
      450 ± 187
    3.61%
    Hispanic Population
    563 people

    In 2024, there were 26.7 times more White (Non-Hispanic) residents (13.7k people) in Traverse City, MI than any other race or ethnicity. There were 512 Two Races Including Other (Non-Hispanic) and 450 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

    3.61% of the people in Traverse City, MI are hispanic (563 people).

    The following chart shows the 8 races represented in Traverse City, MI as a share of the total population.

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    Foreign-Born Population

    2.49%
    2024 Foreign-Born Population
    388 people
    3.53%
    2023 Foreign-Born Population
    547 people

    As of 2024, 2.49% of Traverse City, MI residents (388 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Traverse City, MI was 3.53%, meaning that the rate has been decreasing.

    The following chart shows the percentage of foreign-born residents in Traverse City, MI compared to that of it's neighboring and parent geographies.

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    Veterans

    Most Common Service Period
    1. Vietnam
      222 ± 119
    2. Gulf War (1990s)
      103 ± 61
    3. Gulf War (2001-)
      64 ± 50

    Traverse City, MI has a large population of military personnel who served in Vietnam, 2.16 times greater than any other conflict.

    The chart shows the distribution of veterans by conflict in Traverse City, MI.

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    Health

    96.2% of the population of Traverse City, MI has health coverage, with 47% on employee plans, 13.1% on Medicaid, 17.1% on Medicare, 18.3% on non-group plans, and 0.748% on military or VA plans.

    Primary care physicians in Michigan see 1,276 patients per year on average, which represents a 0% change from the previous year (1,276 patients). Compare this to dentists who see 1246 patients per year, and mental health providers who see 281 patients per year.

    By gender, of the total number of insured persons, N/A were men and N/A were women.

    Health Care Diversity

    In 2024, insured persons according to age ranges were distributed in 19.2% under 18 years, 21.8% between 18 and 34 years, 35.5% between 35 and 64 years, and 23.4% over 64 years.

    By gender, of the total number of insured persons, N/A were men and N/A were women.

    The following chart shows the number of people with health coverage by gender.

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    Uninsured People

    3.8%
    Uninsured
    47%
    Employer Coverage
    13.1%
    Medicaid
    17.1%
    Medicare
    18.3%
    Non-Group
    0.748%
    Military or VA

    Between 2023 and 2024, the percent of uninsured citizens in Traverse City, MI declined by 15% from 4.47% to 3.8%.

    The following chart shows how the percent of uninsured individuals in Traverse City, MI changed over time compared with the percent of individuals enrolled in various types of health insurance.

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    Economy

    Unemployment Insurance Claims

    Data is only available at the state level. Showing data for Michigan.

    This chart shows weekly unemployment insurance claims in Michigan (not-seasonally adjusted) compared with the four states with the most similar impact.

    The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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    Median Earnings by Industry

    The industries with the best median earnings for men in 2024 are Agriculture, Forestry, Fishing & Hunting, & Mining ($106,250), Wholesale Trade ($83,750), and Public Administration ($65,795).

    The industries with the best median earnings for women in 2024 are Wholesale Trade ($190,898), Finance & Insurance, & Real Estate & Rental & Leasing ($61,953), and Manufacturing ($61,154).

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    Civics

    In the 2024 presidential election, the popular vote in Alabama, California, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Louisiana, Mississippi, Montana, New York, North Dakota, Ohio, Pennsylvania, South Carolina, Texas, Utah, Virginia, Washington, and Wisconsin went to Donald J. Trump with 49.6% of the vote. The runner-up was Kamala Harris (48.7%), followed by Jill Stein (0.55%).

    are the senators currently representing the state of the United States. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming is currently represented by 432 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

    Education

    Most students graduating from Universities in Traverse City, MI are White (464 and 82.9%), Unknown (37 and 6.61%), Hispanic or Latino (23 and 4.11%), and Two or More Races (18 and 3.21%).

    The largest universities in Traverse City, MI by number of degrees awarded are Northwestern Michigan College (562 and 100%).

    The most popular majors in Traverse City, MI are Liberal Arts & Sciences (201 and 35.8%), Registered Nursing (62 and 11%), and Marine Science & Merchant Marine Officer (41 and 7.3%).

    The median tuition cost for a public four year colleges is $9,146 for in-state students and $11,900 for out-of-state students.

    Concentrations

    Most Common
    1. 201 degrees awarded
    2. 62 degrees awarded
    3. 32 degrees awarded

    In 2024, the most common concentation for Associates Degree recipients in Traverse City, MI was Liberal Arts & Sciences with 201 degrees awarded.

    This visualization illustrates the percentage of students graduating with a Associates Degree from schools in Traverse City, MI according to their major.

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    Universities

    Gender
    Race
    Largest Universities by degrees awarded
    562 degrees awarded

    In 2024, the institution with the largest number of graduating students was Northwestern Michigan College with 562 degrees awarded.

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    Student Diversity

    In 2024, 249 men were awarded degrees from institutions in Traverse City, MI, which is 0.796 times less than the 313 female students who received degrees in the same year.

    In 2024, the most common race/ethnicity group awarded degrees at institutions was White students. These 464 degrees mean that there were 12.5 times more degrees awarded to White students then the next closest race/ethnicity group, Unknown, with 37 degrees awarded.

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    Awarded Degrees over Time

    The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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    Housing & Living

    The median property value in Traverse City, MI was $415,400 in 2024, which is 1.25 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $367,600 to $415,400, a 13% increase. The homeownership rate in Traverse City, MI is 63.7%, which is lower than the national average of 65.2%.

    People in Traverse City, MI have an average commute time of 17.2 minutes, and they drove alone to work. Car ownership in Traverse City, MI is approximately the same as the national average, with an average of 2 cars per household.

    Property

    $415,400
    Median Property Value 2024
    ±$20,684
    $4,578
    Median Property Taxes
    ±$456

    The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Traverse City, MI the largest share of households pay taxes in the $3k+ range.

    The chart underneath the paragraph shows the property taxes in Traverse City, MI compared to it's parent and neighbor geographies.

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    Rent vs Own

    63.7%
    Homeownership
    2024
    63%
    Homeowners with Mortgage
    2024

    In 2024, 63.7% of the housing units in Traverse City, MI were occupied by their owner. This percentage grew from the previous year's rate of 60.9%.

    This chart shows the percentage of owner in Traverse City, MI compared it's parent and neighboring geographies.

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    Household Income

    Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
    $74,087
    Median Household Income
    ± $7,199
    N/A
    Number of Households
    ± N/A

    In 2024, the median household income of the N/A households in Traverse City, MI grew to $74,087 from the previous year's value of $71,731.

    The following chart displays the households in Traverse City, MI distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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    Commuter Transportation

    Most Common Commute in 2024
    1. Drove Alone (58.3%)
    2. Worked At Home (19.4%)
    3. Carpooled (6.45%)

    In 2024, 58.3% of workers in Traverse City, MI drove alone to work, followed by those who worked at home (19.4%) and those who carpooled to work (6.45%).

    The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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    Commute Time

    17.2 minutes
    Average Travel Time

    Using averages, employees in Traverse City, MI have a shorter commute time (17.2 minutes) than the normal US worker (26.4 minutes). Additionally, 2.02% of the workforce in Traverse City, MI have "super commutes" in excess of 90 minutes.

    The chart below shows how the median household income in Traverse City, MI compares to that of it's neighboring and parent geographies.

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    Car Ownership

    2 cars
    Average Number

    The following chart displays the households in Traverse City, MI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Traverse City, MI have 2 cars.

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    Poverty & Diversity

    12.3% of the population for whom poverty status is determined in Traverse City, MI (1.84k out of 15k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 25 - 34, followed by Females 55 - 64 and then Females 75+.

    The most common racial or ethnic group living below the poverty line in Traverse City, MI is White, followed by Two Or More and Hispanic.

    The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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