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2024 Compare Cities Economy:
Traverse City, MI vs Ann Arbor, MI

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Highlights
- Household income in Ann Arbor, is 14% more than it is in Traverse City and is 6% above the National Average.
- Traverse City unemployment rate is 5.7%.
- Ann Arbor unemployment rate is 3.5%.

Economy
 Traverse City, MIAnn Arbor, MIUnited States
 Unemployment Rate5.7%3.5%6.0%
 Recent Job Growth1.7%1.3%1.6%
 Future Job Growth34.7%38.1%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes4.3%4.3%4.6%
 Income per Cap.$41,461$47,883$37,638
 Household Income$64,033$73,276$69,021
 Family Median Income$93,201$123,351$85,028
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 Est. Households By Income
 Traverse City, MIAnn Arbor, MIUnited States
 Income Less Than 15K9.1%14.5%9.4%
 Income between 15K and 20K3.7%3.2%3.8%
 Income between 20K and 30K11.3%5.8%8.1%
 Income between 30K and 40K9.4%6.2%8.0%
 Income between 40K and 50K7.1%6.0%7.6%
 Income between 50K and 60K6.6%6.8%7.2%
 Income between 60K and 75K12.1%8.4%9.6%
 Income between 75K and 100K13.1%11.2%12.8%
 Income between 100K and 150K16.2%15.7%16.3%
 Income between 150K and 200K6.3%8.6%7.8%
 Income greater than 200K5.2%13.6%9.5%
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 Population By Occupation
 Traverse City, MIAnn Arbor, MIUnited States
 Management, business, finance13.8%14.3%16.4%
 Engineering, computers, science5.2%16.2%6.5%
 Community, social services3.8%2.7%1.8%
 Legal0.6%1.5%1.2%
 Education, library7.8%19.6%6.2%
 Arts, design, media, sports, entertainment3.2%3.5%2.0%
 Healthcare practitioners and technology7.5%9.1%6.2%
 Healthcare support4.5%2.1%3.3%
 Firefighters, law enforcement1.3%0.6%2.1%
 Food preparation, serving9.2%4.8%5.4%
 Building maintenance5.8%1.6%3.6%
 Personal care2.1%2.7%2.6%
 Sales, office, administrative support18.2%14.3%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair7.3%1.8%8.1%
 Production, transportation, material moving9.7%5.2%13.1%

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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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Reviews for Ann Arbor    49 Reviews

Over 7 years ago

Highly educated city. traffic and parking is bad. university culture is nice, not sure about elsewhere. no good pizza! if you're looking for food, I recommend "a taste  More

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Uh, compared to my other favorite college towns this one lacks flavor. Safer and kinda pretty, but not the greenest place, it's fine. Good restaurants, music, art,  More

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Over 9 years ago

Ann Arbor bus service (AATA) is quite good. The Detroit Metro Airport is only a 20 min. drive away and is also quite good. The traffic in Ann Arbor is usually mild  More

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ZIPS IN TRAVERSE CITY, MICHIGAN
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ZIPS IN ANN ARBOR, MICHIGAN
48103 48104 48105 48109

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