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2024 Compare Cities Economy:
Schaumburg, IL vs Traverse City, MI

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Highlights
- Household income in Traverse City, is 25% less than it is in Schaumburg and is 8% below the National Average.
- Schaumburg unemployment rate is 5.3%.
- Traverse City unemployment rate is 5.7%.

Economy
 Schaumburg, ILTraverse City, MIUnited States
 Unemployment Rate5.3%5.7%6.0%
 Recent Job Growth-0.2%1.7%1.6%
 Future Job Growth27.9%34.7%33.5%
 Sales Taxes10.0%6.0%6.2%
 Income Taxes5.0%4.3%4.6%
 Income per Cap.$44,170$41,461$37,638
 Household Income$85,147$64,033$69,021
 Family Median Income$101,084$93,201$85,028
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 Est. Households By Income
 Schaumburg, ILTraverse City, MIUnited States
 Income Less Than 15K5.4%9.1%9.4%
 Income between 15K and 20K2.4%3.7%3.8%
 Income between 20K and 30K5.0%11.3%8.1%
 Income between 30K and 40K5.3%9.4%8.0%
 Income between 40K and 50K7.0%7.1%7.6%
 Income between 50K and 60K6.2%6.6%7.2%
 Income between 60K and 75K11.6%12.1%9.6%
 Income between 75K and 100K16.9%13.1%12.8%
 Income between 100K and 150K20.8%16.2%16.3%
 Income between 150K and 200K10.5%6.3%7.8%
 Income greater than 200K8.9%5.2%9.5%
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 Population By Occupation
 Schaumburg, ILTraverse City, MIUnited States
 Management, business, finance22.2%13.8%16.4%
 Engineering, computers, science12.3%5.2%6.5%
 Community, social services1.6%3.8%1.8%
 Legal1.3%0.6%1.2%
 Education, library5.7%7.8%6.2%
 Arts, design, media, sports, entertainment2.4%3.2%2.0%
 Healthcare practitioners and technology6.5%7.5%6.2%
 Healthcare support2.4%4.5%3.3%
 Firefighters, law enforcement1.3%1.3%2.1%
 Food preparation, serving3.5%9.2%5.4%
 Building maintenance1.3%5.8%3.6%
 Personal care2.2%2.1%2.6%
 Sales, office, administrative support22.0%18.2%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair5.0%7.3%8.1%
 Production, transportation, material moving10.5%9.7%13.1%

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Reviews for Schaumburg    10 Reviews

Nice middle-class community. Excellent schools. Excellent variety in retail establishments. Very good park district with plentiful activities, classes, and three outdoor  More

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Schaumburg, Schaumburg, it's Ok, I guess I don't have much to  More

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At 11% sales tax I believe that Cook County, IL. is the highest in the country. The cost of gasoline is bumped by this as well as the use of smog formulated fuel which  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 SCHAUMBURG, ILLINOIS
60194 60173 60195
ZIPS IN TRAVERSE CITY, MICHIGAN
No Zip Codes Here.

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