49684 Traverse City, MI is an excellent place to live. With a two bedroom rental costing only $1,090 compared to the US average of $1,430, it's a great place to save on rent costs. Those looking for fresh food can find a plethora of options with local companies like Oryana Natural Foods Market, Fresh Coast Food Co-op, Traverse City Fish Company as well as many other local establishments. The Grocery Cost Index in Traverse City is 97 compared to the US index of 100 making groceries more affordable than in other areas of the country. All this makes 49684 Traverse City, MI an attractive place to call home.
Traverse City (zip 49684) has an unemployment rate of 5.7%. The US average is 6.0%.
Traverse City (zip 49684) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 34.7%, which is higher than the US average of 33.5%.
Tax Rates for Traverse City (zip 49684)
- The Sales Tax Rate for Traverse City (zip 49684) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Traverse City (zip 49684) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Traverse City (zip 49684)
- The average income of a Traverse City (zip 49684) resident is $29,281 a year. The US average is $28,555 a year.
- The Median household income of a Traverse City (zip 49684) resident is $65,667 a year. The US average is $69,021 a year.