Home / Select Cities  /  2024 Comparing Nantucket, MA vs. Traverse City, MI

2024 Compare Cities Economy:
Nantucket, MA vs Traverse City, MI

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Highlights
- Household income in Traverse City, is 45% less than it is in Nantucket and is 8% below the National Average.
- Nantucket unemployment rate is 14.8%.
- Traverse City unemployment rate is 5.7%.

Economy
 Nantucket, MATraverse City, MIUnited States
 Unemployment Rate14.8%5.7%6.0%
 Recent Job Growth4.6%1.7%1.6%
 Future Job Growth38.5%34.7%33.5%
 Sales Taxes6.3%6.0%6.2%
 Income Taxes5.1%4.3%4.6%
 Income per Cap.$52,324$41,461$37,638
 Household Income$116,571$64,033$69,021
 Family Median Income$121,538$93,201$85,028
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 Est. Households By Income
 Nantucket, MATraverse City, MIUnited States
 Income Less Than 15K3.3%9.1%9.4%
 Income between 15K and 20K2.2%3.7%3.8%
 Income between 20K and 30K5.6%11.3%8.1%
 Income between 30K and 40K5.9%9.4%8.0%
 Income between 40K and 50K7.2%7.1%7.6%
 Income between 50K and 60K7.6%6.6%7.2%
 Income between 60K and 75K6.3%12.1%9.6%
 Income between 75K and 100K7.3%13.1%12.8%
 Income between 100K and 150K18.4%16.2%16.3%
 Income between 150K and 200K15.5%6.3%7.8%
 Income greater than 200K20.7%5.2%9.5%
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 Population By Occupation
 Nantucket, MATraverse City, MIUnited States
 Management, business, finance19.7%13.8%16.4%
 Engineering, computers, science3.6%5.2%6.5%
 Community, social services1.3%3.8%1.8%
 Legal1.5%0.6%1.2%
 Education, library6.2%7.8%6.2%
 Arts, design, media, sports, entertainment2.8%3.2%2.0%
 Healthcare practitioners and technology5.7%7.5%6.2%
 Healthcare support2.5%4.5%3.3%
 Firefighters, law enforcement2.5%1.3%2.1%
 Food preparation, serving3.4%9.2%5.4%
 Building maintenance5.3%5.8%3.6%
 Personal care4.4%2.1%2.6%
 Sales, office, administrative support12.8%18.2%20.9%
 Farming, fishing, forestry0.6%0.0%0.6%
 Construction, extraction, maintenance/repair17.8%7.3%8.1%
 Production, transportation, material moving9.9%9.7%13.1%

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Reviews for Nantucket    0 Reviews

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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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