Metro area · CBSA 45900
Traverse City
The Traverse City, MI metro area has 155,449 people. Median rent is $1,225, 18.2% of median household income, and HUD puts the 2-bedroom fair market rent in Grand Traverse County at $1,436. Of the 13 places we track here, Interlochen has the lightest rent burden.
Median household income
$80,889
Median home value
$324,300
Unemployment
3.7%
2-bedroom fair market rent
$1,436
HUD, Grand Traverse County
Places in this metro
Largest first. Rent to income is the median rent as a share of median household income.
| Place | Population | Rent | Rent to income |
|---|---|---|---|
| Traverse City | 15,593 | $995 | 16.1% |
| Kalkaska | 2,539 | $633 | 13.3% |
| Kingsley | 1,785 | $982 | 17.5% |
| Greilickville | 1,519 | $1,859 | 23.8% |
| Rapid City | 1,328 | $969 | 15.9% |
| Frankfort | 1,225 | $876 | 19.3% |
| Chums Corner | 1,186 | $1,288 | 15.3% |
| Grawn | 800 | $1,348 | 27.9% |
| Interlochen | 791 | $778 | 8.9% |
| Benzonia | 718 | $1,125 | 21.8% |
| Hardwood Acres | 611 | $1,026 | 11.3% |
| Suttons Bay | 555 | $1,193 | 11.4% |
| South Boardman | 553 | $892 | 12.8% |
Nearby metro areas
Data as of 2026-11-14. How these figures are built.