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

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Highlights
- Household income in Traverse City, is 16% less than it is in Gibraltar and is 8% below the National Average.
- Gibraltar unemployment rate is 5.6%.
- Traverse City unemployment rate is 5.7%.

Economy
 Gibraltar, MITraverse City, MIUnited States
 Unemployment Rate5.6%5.7%6.0%
 Recent Job Growth0.7%1.7%1.6%
 Future Job Growth35.0%34.7%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes4.3%4.3%4.6%
 Income per Cap.$34,046$41,461$37,638
 Household Income$75,998$64,033$69,021
 Family Median Income$85,357$93,201$85,028
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 Est. Households By Income
 Gibraltar, MITraverse City, MIUnited States
 Income Less Than 15K4.4%9.1%9.4%
 Income between 15K and 20K1.7%3.7%3.8%
 Income between 20K and 30K4.6%11.3%8.1%
 Income between 30K and 40K9.3%9.4%8.0%
 Income between 40K and 50K10.3%7.1%7.6%
 Income between 50K and 60K8.7%6.6%7.2%
 Income between 60K and 75K8.9%12.1%9.6%
 Income between 75K and 100K17.8%13.1%12.8%
 Income between 100K and 150K21.2%16.2%16.3%
 Income between 150K and 200K10.5%6.3%7.8%
 Income greater than 200K2.7%5.2%9.5%
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 Population By Occupation
 Gibraltar, MITraverse City, MIUnited States
 Management, business, finance13.5%13.8%16.4%
 Engineering, computers, science1.9%5.2%6.5%
 Community, social services0.4%3.8%1.8%
 Legal0.0%0.6%1.2%
 Education, library4.8%7.8%6.2%
 Arts, design, media, sports, entertainment0.9%3.2%2.0%
 Healthcare practitioners and technology9.4%7.5%6.2%
 Healthcare support3.8%4.5%3.3%
 Firefighters, law enforcement5.6%1.3%2.1%
 Food preparation, serving4.3%9.2%5.4%
 Building maintenance5.1%5.8%3.6%
 Personal care0.0%2.1%2.6%
 Sales, office, administrative support16.7%18.2%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair12.5%7.3%8.1%
 Production, transportation, material moving21.2%9.7%13.1%

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Reviews for Gibraltar    2 Reviews

Over 8 years ago

Nice place to live, in the city or on the water. We lived there for 3 years and lake folks are nice and the community is tight. Watching out for you neighbors is a  More

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Over 16 years ago

We bought a house two years ago where the Detroit River meets Lake Erie. The view from our back door is stunning. We love having our boats in our back yard and there are  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 GIBRALTAR, MICHIGAN
48173
ZIPS IN TRAVERSE CITY, MICHIGAN
No Zip Codes Here.

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