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2024 Compare Cities Economy:
Grand Rapids, MN vs Traverse City, MI

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Highlights
- Household income in Traverse City, is 24% more than it is in Grand Rapids and is 8% below the National Average.
- Grand Rapids unemployment rate is 6.2%.
- Traverse City unemployment rate is 5.7%.

Economy
 Grand Rapids, MNTraverse City, MIUnited States
 Unemployment Rate6.2%5.7%6.0%
 Recent Job Growth2.3%1.7%1.6%
 Future Job Growth20.5%34.7%33.5%
 Sales Taxes6.9%6.0%6.2%
 Income Taxes7.1%4.3%4.6%
 Income per Cap.$29,738$41,461$37,638
 Household Income$51,498$64,033$69,021
 Family Median Income$75,426$93,201$85,028
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 Est. Households By Income
 Grand Rapids, MNTraverse City, MIUnited States
 Income Less Than 15K13.0%9.1%9.4%
 Income between 15K and 20K7.3%3.7%3.8%
 Income between 20K and 30K10.1%11.3%8.1%
 Income between 30K and 40K8.3%9.4%8.0%
 Income between 40K and 50K9.9%7.1%7.6%
 Income between 50K and 60K8.1%6.6%7.2%
 Income between 60K and 75K11.1%12.1%9.6%
 Income between 75K and 100K12.5%13.1%12.8%
 Income between 100K and 150K11.9%16.2%16.3%
 Income between 150K and 200K4.5%6.3%7.8%
 Income greater than 200K3.4%5.2%9.5%
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 Population By Occupation
 Grand Rapids, MNTraverse City, MIUnited States
 Management, business, finance7.3%13.8%16.4%
 Engineering, computers, science3.4%5.2%6.5%
 Community, social services2.0%3.8%1.8%
 Legal2.1%0.6%1.2%
 Education, library7.9%7.8%6.2%
 Arts, design, media, sports, entertainment1.4%3.2%2.0%
 Healthcare practitioners and technology7.0%7.5%6.2%
 Healthcare support4.6%4.5%3.3%
 Firefighters, law enforcement0.9%1.3%2.1%
 Food preparation, serving9.3%9.2%5.4%
 Building maintenance6.4%5.8%3.6%
 Personal care2.6%2.1%2.6%
 Sales, office, administrative support22.4%18.2%20.9%
 Farming, fishing, forestry0.3%0.0%0.6%
 Construction, extraction, maintenance/repair8.5%7.3%8.1%
 Production, transportation, material moving13.8%9.7%13.1%

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Reviews for Grand Rapids    2 Reviews

Over 14 years ago

I have lived in Grand Rapids my entire life. (43 years) I always feel safe here. We don't lock our house when we leave during the day. We only lock it at night. My  More

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Grand Rapids is my hometown being born here in 1961. Here's the long and short of it. I love it in the summer. I hate the winter. Winters are long, gray and hard.   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 GRAND RAPIDS, MINNESOTA
55744
ZIPS IN TRAVERSE CITY, MICHIGAN
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