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2024 Compare Cities Economy:
Cape Elizabeth, ME vs Traverse City, MI

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Highlights
- Household income in Traverse City, is 51% less than it is in Cape Elizabeth and is 8% below the National Average.
- Cape Elizabeth unemployment rate is 3.2%.
- Traverse City unemployment rate is 5.7%.

Economy
 Cape Elizabeth, METraverse City, MIUnited States
 Unemployment Rate3.2%5.7%6.0%
 Recent Job Growth1.2%1.7%1.6%
 Future Job Growth40.1%34.7%33.5%
 Sales Taxes5.5%6.0%6.2%
 Income Taxes6.8%4.3%4.6%
 Income per Cap.$70,958$41,461$37,638
 Household Income$129,503$64,033$69,021
 Family Median Income$150,673$93,201$85,028
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 Est. Households By Income
 Cape Elizabeth, METraverse City, MIUnited States
 Income Less Than 15K4.4%9.1%9.4%
 Income between 15K and 20K0.3%3.7%3.8%
 Income between 20K and 30K6.9%11.3%8.1%
 Income between 30K and 40K3.0%9.4%8.0%
 Income between 40K and 50K7.1%7.1%7.6%
 Income between 50K and 60K2.9%6.6%7.2%
 Income between 60K and 75K4.2%12.1%9.6%
 Income between 75K and 100K13.5%13.1%12.8%
 Income between 100K and 150K18.7%16.2%16.3%
 Income between 150K and 200K10.4%6.3%7.8%
 Income greater than 200K28.6%5.2%9.5%
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 Population By Occupation
 Cape Elizabeth, METraverse City, MIUnited States
 Management, business, finance26.8%13.8%16.4%
 Engineering, computers, science9.2%5.2%6.5%
 Community, social services2.0%3.8%1.8%
 Legal4.4%0.6%1.2%
 Education, library6.3%7.8%6.2%
 Arts, design, media, sports, entertainment3.3%3.2%2.0%
 Healthcare practitioners and technology12.3%7.5%6.2%
 Healthcare support0.5%4.5%3.3%
 Firefighters, law enforcement1.6%1.3%2.1%
 Food preparation, serving1.4%9.2%5.4%
 Building maintenance0.1%5.8%3.6%
 Personal care1.7%2.1%2.6%
 Sales, office, administrative support15.4%18.2%20.9%
 Farming, fishing, forestry2.3%0.0%0.6%
 Construction, extraction, maintenance/repair4.9%7.3%8.1%
 Production, transportation, material moving7.7%9.7%13.1%

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Reviews for Cape Elizabeth    2 Reviews

Cape Elizabeth is a lovely town, right on the Maine shoreline, and just outside the city of Portland. If you love nature and the outdoors, you will love Cape Elizabeth.  More

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Over 12 years ago

Moved to CE in 2007 and find it to be very beautiful seacoast town that includes farms, Maine coast views, great seafood and local produce, and a homey feel. The local  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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