Traverse, MN County is a great place to live and visit. It offers a wide range of local amenities such as shopping centers, restaurants, entertainment venues, and much more. Local companies offering services in the area include the popular Super 8 Motel located in downtown Traverse and the Mall of America located right outside of town. Other attractions in the area include the Traverse City State Park and the historic Grand Traverse Lighthouse Museum. With its affordable rent cost and low grocery cost index, Traverse is an ideal location for anyone looking to enjoy small-town living without breaking the bank.
Traverse County has an unemployment rate of 5.0%. The US average is 6.0%.
Traverse County has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Traverse County
- The Sales Tax Rate for Traverse County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Traverse County is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Traverse County
- The average income of a Traverse County resident is $29,000 a year. The US average is $28,555 a year.
- The Median household income of a Traverse County resident is $56,667 a year. The US average is $69,021 a year.