City

Traverse City, MI

4 ZIP codes  ·  Grand Traverse County  ·  Michigan

👥78,376Population
💰$78,889Median HH Income≈ Avg
🎂44.9Median Age
🏠$320,211Median Home Value▲ 15% above avg
🎓54.4%College Grads▲ 40% above avg
📊3.5%Unemployment▼ 29% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.8% Female 51.2% ♀

Race & Ethnicity

White: 91.4%Hispanic: 3.4%Black: 1%Asian: 0.7%Other: 3%Race
White91.4%
Hispanic3.4%
Black1.0%
Asian0.7%
Other3.0%

Age Breakdown

Under 5
5%
5–17
14%
18–24
7%
25–44
24%
45–64
27%
65+
11%

Key Indicators

Median Age44.9 yrs
Avg HH Size2.31
Below Poverty8.8% ▼ 12% below avg
College Grads54.4% ▲ 40% above avg
Unemployment3.5% ▼ 29% below avg
No HS Diploma328 (0.6%)
HS Graduate10,721 (19.3%)
Some College6,006 (10.8%)
Associates8,246 (14.8%)
Bachelors6,105 (11%)
Graduate Degree24,175 (43.5%)

Education

No HS: 0.6%HS Grad: 19.3%Some College: 10.8%Associates: 14.8%Bachelors: 11%Graduate: 43.5%Edu
No HS0.6%
HS Grad19.3%
Some College10.8%
Associates14.8%
Bachelors11.0%
Graduate43.5%
Housing & Income

Housing Tenure

Owner: 75.1%Renter: 24.9%Tenure
Owner75.1%
Renter24.9%

Home Value Distribution

Under $50k
6%
$50k–$100k
3%
$100k–$150k
4%
$150k–$200k
9%
$200k–$300k
25%
$300k–$500k
32%
Over $500k
22%

Financials

Median HH Income$78,889 ≈ Avg
Median Home Value$320,210 ▲ 15% above avg
Home/Income Ratio4.1x (nat avg ~3.5x)
Median Rent$1,259/mo
Total Housing Units38,620
Vacant Units5,126

Income Distribution

Under $25k
13%
$25k–$50k
15%
$50k–$75k
18%
$75k–$100k
16%
$100k–$150k
21%
$150k–$200k
9%
Over $200k
9%
Employment & Commute

How People Get to Work

Drove Alone
80%
Public Transit
1%
Walked
3%
Work From Home
16%

Commute Time

Under 15 min
37%
15–30 min
46%
30–45 min
11%
Over 45 min
6%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
6%
1960s–1970s
16%
1980s–1990s
18%
2000+
58%
About Traverse City, MI

Traverse City is a city in Michigan, located in Grand Traverse County. The city spans 4 ZIP codes and is home to approximately 78,376 residents. It is a middle-aged city, with a median age of 44.89 years.

Economically, Traverse City is a middle-income community. The median household income of $78,889 is near the national average. Approximately 8.8% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.

The real estate market in Traverse City is a mid-range housing market. Median home values stand at $320,210, which is near the national average. Renters typically pay around $1,259 per month. Homeownership is high at 75.1%, typical of suburban and family-oriented communities.

The population of Traverse City is well-educated. 54.4% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (91.35%).

Traverse City, MI offers residents above-average earning potential within Michigan. Spread across 4 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.

ZIP Codes in Traverse City
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
49684 21,328 $75,678 $375,700 $1,216 3.2% 56.3% 66.4%
49685 21,297 $82,639 $309,200 $1,338 3.2% 51.3% 80.0%
49686 25,181 $71,198 $295,500 $1,209 3.1% 56.5% 71.1%
49696 10,570 $96,138 $289,300 $1,309 5.6% 51.9% 92.2%

Look Up a ZIP Code

Enter a ZIP code or city name

Nearby Cities
Related Pages
Michigan Rankings