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Traverse City is a great town in which to find your new place - Traverse City has a good number of beautiful apartments available in every price range. Soon you will have no trouble at all getting around like a local in Traverse City, your new city!
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Traverse City Apartment Rental Market
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Household Income
Household Income City State City Compared to State Less than $10,000 8.3% 8.3% +0.0% $10,000 to $14,999 6.1% 5.8% +0.3% $15,000 to $19,999 7.4% 6.0% +1.4% $20,000 to $24,999 8.2% 6.4% +1.8% $25,000 to $29,999 7.5% 6.2% +1.3% $30,000 to $34,999 9.5% 6.2% +3.3% $35,000 to $39,999 7.6% 5.8% +1.8% $40,000 to $44,999 6.6% 5.7% +0.9% $45,000 to $49,999 5.6% 5.0% +0.6% $50,000 to $59,999 7.5% 9.3% -1.8% $60,000 to $74,999 10.4% 11.2% -0.8% $75,000 to $99,999 6.9% 11.4% -4.5% $100,000 to $124,999 3.6% 5.9% -2.3% $125,000 to $149,999 1.9% 2.7% -0.8% $150,000 to $199,999 0.9% 2.1% -1.2% $200,000 or more 2.0% 2.0% +0.0% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 3.9% 7.5% -3.6% 10.0% to 14.9% 10.6% 13.4% -2.8% 15.0% to 19.9% 16.3% 14.9% +1.4% 20.0% to 24.9% 20.2% 12.4% +7.8% 25.0% to 29.9% 13.6% 10.0% +3.6% 30.0% to 34.9% 6.7% 6.8% -0.1% 35.0% to 39.9% 4.5% 4.7% -0.2% 40.0% to 49.9% 5.9% 6.3% -0.4% 50.0% or more 12.3% 17.4% -5.1% Not computed 5.9% 6.7% -0.8% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 13.7% 14.7% -1.0% 25 to 34 years 28.3% 28.1% +0.2% 35 to 44 years 19.4% 21.0% -1.6% 45 to 54 years 15.2% 14.0% +1.2% 55 to 64 years 6.8% 7.3% -0.5% 65 to 74 years 6.4% 5.9% +0.5% 75 to 84 years 6.4% 6.0% +0.4% 85 years and over 3.8% 2.9% +0.9% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 56.6% 39.2% +17.4% 30 to 44 minutes 11.3% 25.2% -13.9% 45 to 59 minutes 4.8% 13.3% -8.5% 60 or more minutes 27.3% 22.3% +5.0%
Source: 2000 Census
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