City profile
Traverse City, MI
Grand Traverse County · Population 15,593
Traverse City is a town in Grand Traverse County, MI with about 15,593 residents and a typical home value near $415,000. It is 124 miles from Grand Rapids, MI, which shapes its climate, healthcare access and amenities.
Climate
Climate type
Four seasons
Winter avg
22°F
Summer avg
70°F
Sunny days / yr
175
Home prices & cost of living
Median home price
$415,400
Typical monthly housing
$2,699
Cost of living (100 = U.S.)
112
Taxes
- Property tax
- 1.28%
- State income tax (top)
- 4.25%
- Social Security
- Not taxed
- Pensions
- Partly exempt
- Sales tax (state + avg. local)
- 6.00%
FEMA natural hazard risk
Relatively Low · county score 66/100
Top hazards: Winter weather, Cold wave, Landslide
Nearest major airport
130 mi to Gerald R. Ford International Airport (GRR)
Political lean (2024 county vote)
Competitive / purple · 48% Democratic / 50% Republican
Community
Population
15,593
Black population
1.3%
County
Grand Traverse County
Detailed crime figures are available for our 201 hand-researched cities.
2025–2026 trends
2026 market trends
- ▸Home prices are still rising in 2026 — good for long-term value, less room to negotiate
- ▸Climate/cost risks to check: winter storms
Highlights
- About 15,593 residents
- Typical home value about $415,000
- 124 miles from Grand Rapids, MI
Trade-offs
- Smaller community with fewer local amenities
- Scores for this place are estimated from Census data and the nearest major city
Figures are estimates from public sources (see How we match). Verify before making decisions.