Traverse City Michigan Real Estate
Traverse City, Michigan, is located in Grand Traverse County, 119 miles E of Green Bay, Wisconsin and 164 miles NE of Milwaukee, Wisconsin. Traverse City has a population of 14,532.
Traverse City Homes
Traverse City properties pool is 6,439 residential properties including Traverse City new homes. Median age of real estate in Traverse City is 1953. Average Household size is 2.82 people. 4% are one bedroom homes, 24% are 2 bedroom homes, 48% are 3 bedroom homes, 19% are 4 bedroom homes, and 5% are 5+ bedroom homes.
Traverse City Mortgage Statistics
Traverse City mortgages vs. USA median statistics
| Homes |
Traverse City |
USA |
| Homes With No Mortgage |
36% |
30% |
| Homes With Mortgage |
64% |
70% |
| First Mortgage Only |
49% |
54% |
| First & Second Mortgage or HELOC |
15% |
16% |
Traverse City Area Real Estate Tax
Traverse City Real estate Tax: Median Real Estate Taxes (2000) were $1,634 comparing to 1999 Median Family income $ 46,912. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Traverse City School District: Children make up 20.3% of Traverse City population. Traverse City has 2,947 under 18 years old residents, or 0.38 kids per one worker, or 0.46 kids per one household.
Traverse City Real Estate & Traverse City Homeownership
There are 2253.65 or 35% one person households, 2253.65 or 35% two person households, and 965.85 or 15% three person households in Traverse City, Michigan. Median residents age is 38.1, Senior citizens (65+) make up 2,204 or 15.2%% of Traverse City population.
There are 7,730 workers (over 16 years of age) in Traverse City. Of these, 86.14% drive to work. Approximately 1.15% of workers in Traverse City take public transportation. An estimated 5.96% walk to work.
Median Traverse City homeowner's housing expences are 18.8%
Crime in Traverse City (2003), crimes per 10,000 residents per year
| Type of Crime |
Traverse City |
USA, 2003 |
| Violent Crimes |
29.59 |
47.5 |
| Robberies |
3.44 |
14.2 |
| Aggravated Assaults |
17.89 |
29.5 |
| Property Crimes |
352.33 |
358.8 |
| Burglaries |
35.09 |
74.0 |
| Larceny-Thefts |
302.09 |
241.5 |
| Motor Vehicle Thefts |
15.14 |
43.3 |
Invest in Traverse City Properties
When making a decision about buying real estate in Traverse City Michigan area, you should consider following statistical data:
| Category |
Traverse City |
USA |
| Near Medium City |
Green Bay, Wisconsin |
- |
| Near Large City |
Milwaukee, Wisconsin |
- |
| Traverse City Zip Codes |
49684, 49686 |
- |
| Traverse City Area Codes |
231 |
- |
| White population |
96% |
75.1% |
| African-American population |
0.65% |
12.3% |
| Asian |
0.5% |
3.6% |
| American Indian & Alaskan |
0.98% |
0.9% |
| Hispanic (of any race) |
1.67% |
12.5% |
| Median Family Income (1999) |
$ 46,912% |
$42,000 |
| Population Below Poverty Level |
8.1% |
12.4% |
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