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2024 Compare Cities Economy:
Ludington, MI vs Traverse City, MI

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Highlights
- Household income in Traverse City, is 40% more than it is in Ludington and is 8% below the National Average.
- Ludington unemployment rate is 6.9%.
- Traverse City unemployment rate is 5.7%.

Economy
 Ludington, MITraverse City, MIUnited States
 Unemployment Rate6.9%5.7%6.0%
 Recent Job Growth0.3%1.7%1.6%
 Future Job Growth20.5%34.7%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes4.3%4.3%4.6%
 Income per Cap.$27,941$41,461$37,638
 Household Income$45,673$64,033$69,021
 Family Median Income$69,375$93,201$85,028
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 Est. Households By Income
 Ludington, MITraverse City, MIUnited States
 Income Less Than 15K11.8%9.1%9.4%
 Income between 15K and 20K5.0%3.7%3.8%
 Income between 20K and 30K17.3%11.3%8.1%
 Income between 30K and 40K11.0%9.4%8.0%
 Income between 40K and 50K7.9%7.1%7.6%
 Income between 50K and 60K7.9%6.6%7.2%
 Income between 60K and 75K12.8%12.1%9.6%
 Income between 75K and 100K10.7%13.1%12.8%
 Income between 100K and 150K11.4%16.2%16.3%
 Income between 150K and 200K1.4%6.3%7.8%
 Income greater than 200K2.9%5.2%9.5%
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 Population By Occupation
 Ludington, MITraverse City, MIUnited States
 Management, business, finance10.5%13.8%16.4%
 Engineering, computers, science3.0%5.2%6.5%
 Community, social services3.0%3.8%1.8%
 Legal0.7%0.6%1.2%
 Education, library4.2%7.8%6.2%
 Arts, design, media, sports, entertainment0.6%3.2%2.0%
 Healthcare practitioners and technology4.4%7.5%6.2%
 Healthcare support2.8%4.5%3.3%
 Firefighters, law enforcement0.0%1.3%2.1%
 Food preparation, serving13.0%9.2%5.4%
 Building maintenance2.4%5.8%3.6%
 Personal care1.7%2.1%2.6%
 Sales, office, administrative support25.0%18.2%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair9.1%7.3%8.1%
 Production, transportation, material moving19.7%9.7%13.1%

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Reviews for Ludington    3 Reviews

Over 16 years ago

Is awesome. I love salmon fishing there. During the summer months there will be thousands of people from Ludington all the way to Frankfort and everyone usually leaves  More

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The beach is the place to be!!!! It is one of the absolute most beautiful beaches in Michigan! The sand dunes on the way to the state park are fabulous and  More

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If you like mild summers and snowy winters this is the place to be!!! From Memorial Day to Labor Day, almost like a switch, the weather is beautiful!! You have your  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 LUDINGTON, MICHIGAN
49431
ZIPS IN TRAVERSE CITY, MICHIGAN
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