In 2023, Traverse City, MI had a population of 155k people with a median age of 46.1 and a median household income of $77,495. Between 2022 and 2023 the population of Traverse City, MI grew from 153,733 to 154,657, a 0.601% increase and its median household income grew from $73,845 to $77,495, a 4.94% increase.
The 5 largest ethnic groups in Traverse City, MI are White (Non-Hispanic) (91.2%), Two+ (Non-Hispanic) (3.06%), Two+ (Hispanic) (1.33%), White (Hispanic) (1.06%), and American Indian & Alaska Native (Non-Hispanic) (0.866%).
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.
99.4% of the residents in Traverse City, MI are U.S. citizens.
The largest universities in Traverse City, MI are Northwestern Michigan College (645 degrees awarded in 2022).
In 2023, the median property value in Traverse City, MI was $286,500, and the homeownership rate was 81.2%.
Most people in Traverse City, MI drove alone to work, and the average commute time was 22.8 minutes. The average car ownership in Traverse City, MI was 2 cars per household.
Traverse City, MI borders Cadillac, MI, Escanaba, MI, and Green Bay, WI.