Census ACS · #286 MSA
Traverse City Metro Area
The Traverse City, Mi Metropolitan Statistical Area has 154,657 residents. The median household income is $77,495 and the median home value is $286,500.
154,657
Population
91
People / sq mi
$77,495
Median Income
$286,500
Median Home Value
The Traverse City CBSA covers 1,691 sq mi of land at 91.5 people per square mile.
Race & Ethnicity
| White | 92.3% |
| Black or African American | 0.8% |
| Asian | 0.0% |
| Hispanic or Latino (any race) | 2.6% |
Economy & Income
$77,495
Median Household Income
$43,440
Per Capita Income
5.7%
Poverty Rate
2.3%
Unemployment
Cost of Living
The Traverse City metro's price level is 93.4 on the BEA Regional Price Parity index (US average = 100), meaning prices are 6.6% lower the US average. The local median income of $77,495 has the buying power of $82,996 in average-priced US metros.
93.4
Price Level (US = 100)
$82,996
COL-Adjusted Median Income
$77,495
Nominal Median Income
Housing
$286,500
Median Home Value
$1,154
Median Rent
81.2%
Homeownership
Education
94.6%
High School+
38.5%
Bachelor's+
Commute
0.7%
Drive Alone
12.8%
Work From Home
22.8 min
Avg Commute
19.8%
Foreign Born
Traverse City spans this state
Nearby metros
Largest cities in Michigan
Largest counties in Michigan
Part of Michigan
Other metros
Metro areas in Michigan
Metro rankings
Frequently Asked Questions
The Traverse City, Mi Metropolitan Statistical Area has a population of 154,657 according to Census ACS 5-Year estimates, making it the #286 largest CBSA in the US.
The median household income in the Traverse City metro area is $77,495, with a per capita income of $43,440.
The Traverse City, Mi CBSA spans the state of Michigan.
More from Michigan
Data for the Traverse City, Mi CBSA (45900) from the American Community Survey 5-Year estimates. Core-Based Statistical Areas combine cities, suburbs, and surrounding counties tied together by commuting patterns.
The this entity record above pulls directly from the U.S. Census Bureau ACS and decennial files. What follows is the per-entity context — how this entity sits in the broader U.S. population demographics distribution and which underlying factors drive the headline numbers.
Every number on this page links back to the U.S. Census Bureau ACS and decennial files; the methodology page describes the inputs, refresh cadence, and known limitations of the underlying data product.
Practical use of this page is in combination with the comparison and ranking pages elsewhere on the site, which surface the same data for this entity’s peers within U.S. states, metros, cities, and ZIPs. A single-entity reading without peer context can be misleading when an entity is an outlier on one axis but typical on another.
Source: U.S. Census Bureau ACS, 2026.