In 2021, Traverse City, MI had a population of 15.3k people with a median age of 40.4 and a median household income of $64,033. Between 2020 and 2021 the population of Traverse City, MI declined from 15,525 to 15,263, a −1.69% decrease and its median household income grew from $61,056 to $64,033, a 4.88% increase.
The 5 largest ethnic groups in Traverse City, MI are White (Non-Hispanic) (89.3%), White (Hispanic) (2.97%), Two+ (Non-Hispanic) (2.81%), Black or African American (Non-Hispanic) (1.8%), and Asian (Non-Hispanic) (1.25%).
None of the households in Traverse City, MI reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
98.5% of the residents in Traverse City, MI are U.S. citizens.
The largest universities in Traverse City, MI are Northwestern Michigan College (740 degrees awarded in 2021).
In 2021, the median property value in Traverse City, MI was $292,800, and the homeownership rate was 60.7%.
Most people in Traverse City, MI drove alone to work, and the average commute time was 17.1 minutes. The average car ownership in Traverse City, MI was 2 cars per household.