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2024 Compare Cities Economy:
Ann Arbor, MI vs Traverse City, MI

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Highlights
- Household income in Traverse City, is 13% less than it is in Ann Arbor and is 8% below the National Average.
- Ann Arbor unemployment rate is 3.5%.
- Traverse City unemployment rate is 5.7%.

Economy
 Ann Arbor, MITraverse City, MIUnited States
 Unemployment Rate3.5%5.7%6.0%
 Recent Job Growth1.3%1.7%1.6%
 Future Job Growth38.1%34.7%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes4.3%4.3%4.6%
 Income per Cap.$47,883$41,461$37,638
 Household Income$73,276$64,033$69,021
 Family Median Income$123,351$93,201$85,028
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 Est. Households By Income
 Ann Arbor, MITraverse City, MIUnited States
 Income Less Than 15K14.5%9.1%9.4%
 Income between 15K and 20K3.2%3.7%3.8%
 Income between 20K and 30K5.8%11.3%8.1%
 Income between 30K and 40K6.2%9.4%8.0%
 Income between 40K and 50K6.0%7.1%7.6%
 Income between 50K and 60K6.8%6.6%7.2%
 Income between 60K and 75K8.4%12.1%9.6%
 Income between 75K and 100K11.2%13.1%12.8%
 Income between 100K and 150K15.7%16.2%16.3%
 Income between 150K and 200K8.6%6.3%7.8%
 Income greater than 200K13.6%5.2%9.5%
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 Population By Occupation
 Ann Arbor, MITraverse City, MIUnited States
 Management, business, finance14.3%13.8%16.4%
 Engineering, computers, science16.2%5.2%6.5%
 Community, social services2.7%3.8%1.8%
 Legal1.5%0.6%1.2%
 Education, library19.6%7.8%6.2%
 Arts, design, media, sports, entertainment3.5%3.2%2.0%
 Healthcare practitioners and technology9.1%7.5%6.2%
 Healthcare support2.1%4.5%3.3%
 Firefighters, law enforcement0.6%1.3%2.1%
 Food preparation, serving4.8%9.2%5.4%
 Building maintenance1.6%5.8%3.6%
 Personal care2.7%2.1%2.6%
 Sales, office, administrative support14.3%18.2%20.9%
 Farming, fishing, forestry0.1%0.0%0.6%
 Construction, extraction, maintenance/repair1.8%7.3%8.1%
 Production, transportation, material moving5.2%9.7%13.1%

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Reviews for Ann Arbor    49 Reviews

Over 7 years ago

Highly educated city. traffic and parking is bad. university culture is nice, not sure about elsewhere. no good pizza! if you're looking for food, I recommend "a taste  More

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Uh, compared to my other favorite college towns this one lacks flavor. Safer and kinda pretty, but not the greenest place, it's fine. Good restaurants, music, art,  More

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Over 9 years ago

Ann Arbor bus service (AATA) is quite good. The Detroit Metro Airport is only a 20 min. drive away and is also quite good. The traffic in Ann Arbor is usually mild  More

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Reviews for Traverse City    28 Reviews

Beautiful, clean, surrounded by some of the most beautiful and unpolluted nature in the nation, interesting residents from all over the world, an open-minded liberal  More

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Teri · 

Sorry I moved here homes overpriced, local people are rude. Too many rambo type personalities, pickup trucks and illiteracy Fun for about a week. Restaurants are  More

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Left in '78. Should have left sooner. If you are a snob and think you're better than any one else then maybe you can get a job teaching here. Hated it as a kid and come  More

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ZIPS IN ANN ARBOR, MICHIGAN
48103 48104 48105 48109
ZIPS IN TRAVERSE CITY, MICHIGAN
No Zip Codes Here.

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