2025 Compare Cities Economy:
Monroe, MI vs Traverse City, MI

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Highlights
- Household income in Traverse City, is 19% more than it is in Monroe and is 8% below the National Average.
- Monroe unemployment rate is 5.6%.
- Traverse City unemployment rate is 5.7%.
 Monroe, MITraverse City, MIUnited States
 Unemployment Rate  Unlock5.7%6.0%
 Recent Job Growth  Unlock1.7%1.6%
 Future Job Growth25.6%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock4.3%4.6%
 Income per Cap.$27,291  Unlock$37,638
 Household Income  Unlock$64,033$69,021
 Family Median Income$69,848  Unlock$85,028
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 Est. Households By Income
 Monroe, MITraverse City, MIUnited States
 Income Less Than 15K  Unlock9.1%9.4%
 Income between 15K and 20K4.4%  Unlock3.8%
 Income between 20K and 30K  Unlock11.3%8.1%
 Income between 30K and 40K12.0%  Unlock8.0%
 Income between 40K and 50K  Unlock7.1%7.6%
 Income between 50K and 60K6.2%  Unlock7.2%
 Income between 60K and 75K  Unlock12.1%9.6%
 Income between 75K and 100K10.4%  Unlock12.8%
 Income between 100K and 150K  Unlock16.2%16.3%
 Income between 150K and 200K5.2%  Unlock7.8%
 Income greater than 200K  Unlock5.2%9.5%
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 Population By Occupation
 Monroe, MITraverse City, MIUnited States
 Management, business, finance10.2%  Unlock16.4%
 Engineering, computers, science  Unlock5.2%6.5%
 Community, social services1.7%  Unlock1.8%
 Legal  Unlock0.6%1.2%
 Education, library4.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.2%2.0%
 Healthcare practitioners and technology8.0%  Unlock6.2%
 Healthcare support  Unlock4.5%3.3%
 Firefighters, law enforcement2.0%  Unlock2.1%
 Food preparation, serving  Unlock9.2%5.4%
 Building maintenance3.3%  Unlock3.6%
 Personal care  Unlock2.1%2.6%
 Sales, office, administrative support21.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair6.8%  Unlock8.1%
 Production, transportation, material moving  Unlock9.7%13.1%
Reviews for Monroe    8 Reviews

I've lived in Monroe my entire life. Since the Ford plant closed it's been on the skids. It's full of poor white trash looking to fight. Every business that's not a  More

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Over 8 years ago

We moved from Toledo ( TOLEDO, IS A TERRIBLE PLACE TO LIVE!) Some people (that don't even live here)said it was high crime. I have not had this experience. What i  More

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Over 10 years ago

I purchased my home three and a half years ago. Since then my home and property have been vandalized five times. My home was broken into twice and property has been  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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