Best Places to Live in Traverse City Metro Area, Michigan

Traverse City, Michigan lies on the eastern shore of Lake Michigan's Grand Traverse Bay. It is the largest city between Detroit and Milwaukee and with an estimated population of 15,000 people it serves as a popular tourist destination due to its unique blend of agricultural charm and urban amenities. Popular attractions include the Old Town Playhouse Theater, Cherry Republic store, Pirate’s Cove Adventure Park, numerous beaches, vineyards, golf courses and hiking trails. Visitors to Traverse City can also take advantage of many festivals throughout the year that celebrate local culture and cuisine.

Highlights

ECONOMY

The unemployment rate in Traverse City Metro Area is 6.1% (U.S. avg. is 6.0%). Recent job growth is Positive. Traverse City Metro Area jobs have increased by 1.6%. More Economy

COST OF LIVING

Compared to the rest of the country, Traverse City Metro Area's cost of living is 5.8% lower than the U.S. average. More Cost of Living or Compare Traverse City Metro Area's Cost of Living

WEATHER & CLIMATE

August, July and June are the most pleasant months in the Traverse City metro area, while January and December are the least comfortable months. Today's Weather | Climate Averages

VOTING

In the last Presidential election, the Traverse City metro area remained moderately Republican, 52.7% to 45.5%. More Voting Stats

POPULATION

Traverse City Metro Area's population is 152,552 people. Since 2020, it has had a population growth of 3.3%. Learn More...

TRANSPORTATION

Average Commute time is 22.1 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE

The median home cost in Traverse City Metro Area is $342,100. Home appreciation the last 10 years has been 10.1%.

SCHOOLS

Traverse City Metro Area public schools spend $13,043 per student. The average school expenditure in the U.S. is $12,383. There are about 17 students per teacher in Traverse City Metro Area. More Education

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Best Places to Live in Traverse City Rankings

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Housing Market in Traverse City

It's a good time to buy in Traverse City. Home Appreciation is up 10.1% in the last 12 months.
The median home price in Traverse City is $342,100.

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MAPS OF TRAVERSE CITY METRO AREA, MICHIGAN

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