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    Living in Traverse, MI

    A comprehensive, data-driven guide to life in Traverse. Housing costs, safety statistics, walkability, air quality, and neighborhood insights — all in one place.

    Population: 15,678

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    Traverse at a Glance

    Median Home Value

    $320,000

    Nat'l avg: $281,900

    Median Rent

    $1,331

    Nat'l avg: $1,163

    Violent Crime

    4.8 per 1K

    Nat'l avg: 3.7 per 1K

    Walk Score

    84/100

    Very Walkable

    Median Income

    $51,380

    Nat'l avg: $74,580

    Air Quality

    AQI 11

    Good

    Climate Risk

    Relatively Low

    Score: 44.75

    Population

    15,678

    Housing & Cost of Living
    Median Home Value
    $320,000
    Median Rent
    $1,331
    Median Income
    $51,380
    Affordability Index
    91
    Homeownership Rate
    53.0%
    Electricity Rate
    9.6¢/kWh
    Est. Monthly Electric
    $87
    14% above nat'l avg
    14% above nat'l avg
    Safety & Crime
    Violent Crime
    4.8 per 1K
    Property Crime
    18.1 per 1K
    30% above nat'l avg
    3% above nat'l avg

    National Average: Violent crime 3.7 per 1K, Property crime 17.5 per 1K

    Walkability & Transportation
    Walk Score
    84/100
    Transit Score
    N/A
    Bike Score
    85/100
    75% above nat'l avg

    Very Walkable

    N/A

    85

    Environment & Quality of Life
    Air Quality (AQI)
    11 — Good
    Climate Risk
    Relatively Low
    Noise Level
    Quiet
    Unemployment
    3.8%
    Poverty Rate
    N/A
    74% below nat'l avg
    3% above nat'l avg
    Schools
    Total Schools
    19
    Elementary
    6
    Middle
    2
    High School
    7
    Student-Teacher Ratio
    17.7:1
    Free/Reduced Lunch
    36.7%
    Title I Schools
    0%

    Student Demographics

    About Traverse

    If you're dreaming of a life where convenience and charm meet affordability, Traverse City is calling. Forget the car for many errands – with a Walk Score of 84 and a Bike Score of 85, you can easily explore the vibrant downtown, picturesque waterfront, and numerous local shops and restaurants. Imagine strolling along the Boardman Lake Trail, taking in the fresh air, and knowing you're living in a community celebrated for its family-friendly atmosphere. While the median home value here sits at a comfortable $320,000, slightly below the national average, the Affordability Index of 91 shows that your dollar stretches further, allowing you to enjoy a higher quality of life. From an investment perspective, Traverse City offers a compelling blend of stability and potential. The unemployment rate hovers around a healthy 3.8%, mirroring the national average, providing a robust labor market. While the homeownership rate is a solid 53.0%, the median rent of $1,331 opens doors for those not yet ready to buy. With low violent crime rates (4.8 per 1,000 residents) and property crime rates (18.1 per 1,000 residents), the area is ideal for families, young professionals, and retirees seeking a safe and welcoming environment. Beyond the practicalities, Traverse City offers an exceptional quality of life. The air quality is exceptionally clean, with an Air Quality Index of just 11, and the noise levels are quiet, offering a peaceful retreat from the hustle and bustle of city life. The electricity rate is a reasonable 9.6¢/kWh. Nestled on the shores of Grand Traverse Bay, you'll have easy access to stunning natural beauty, outdoor recreation, and a thriving arts and culture scene, making Traverse City a truly special place to call home.

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