Largest observed gap
Home value
$311,657 tract average vs. $367,600 citywide (-15%)
A 15% discount to the citywide median is a material local contrast. Read the individual tract values before treating that gap as typical across the city.
Traverse City, MI › Neighborhoods
Neighborhoods
Neighborhoods in Traverse City
Among 24 census tracts, Tract 5506.01 leads at $114,021 median income - about 3× Tract 5513.01 at $32,716.
24 census tracts · Michigan · Census ACS 2023
Avg. Tract Income
$81,282
median household
Income Range
$32,716 – $114,021
lowest to highest tract
Avg. Tract Rent
$1,210/mo
median gross rent
Census Tracts
24
in Traverse City
Where the tract view differs from the citywide view
How these gaps are calculated
These comparisons use the average of the tract medians listed on this page and the ACS citywide median. They are two different geographic summaries, so the gap is a reading aid rather than an estimate of a typical household.
Comparison 2
Household income
$81,282 tract average vs. $71,731 citywide (+13%)
The tract average runs 13% above the citywide median, a modest separation worth checking against the individual rows before drawing a local conclusion.
Comparison 3
Monthly rent
$1,210 tract average vs. $1,113 citywide (+9%)
The tract average runs 9% above the citywide median, a modest separation worth checking against the individual rows before drawing a local conclusion.
What counts as a neighborhood here?
PlainCities uses U.S. Census tracts as neighborhood units, small, stable areas of a few thousand residents each. The table below lists this city's tracts, sorted by median household income.
Census Tracts by Income
Showing 24 of 24 tracts, sorted by median household income - Tract 5506.01 highest at $114,021 ; Tract 5513.01 lowest at $32,716.
| Tract | Population | |
|---|---|---|
|
Tract 5503 Grand Traverse Co. | 6,600 | View › |
|
Tract 5506.02 Grand Traverse Co. | 6,305 | View › |
|
Tract 5505 Grand Traverse Co. | 6,213 | View › |
|
Tract 5501.01 Grand Traverse Co. | 5,774 | View › |
|
Tract 5507.01 Grand Traverse Co. | 5,530 | View › |
|
Tract 5504.02 Grand Traverse Co. | 5,169 | View › |
|
Tract 5514 Grand Traverse Co. | 5,023 | View › |
|
Tract 5509 Grand Traverse Co. | 5,003 | View › |
|
Tract 5510 Grand Traverse Co. | 4,651 | View › |
|
Tract 5502 Grand Traverse Co. | 4,475 | View › |
|
Tract 5511 Grand Traverse Co. | 4,391 | View › |
|
Tract 5507.02 Grand Traverse Co. | 4,274 | View › |
|
Tract 5508.02 Grand Traverse Co. | 4,196 | View › |
|
Tract 5513.02 Grand Traverse Co. | 3,898 | View › |
|
Tract 5515 Grand Traverse Co. | 3,826 | View › |
|
Tract 5512 Grand Traverse Co. | 3,239 | View › |
|
Tract 5501.02 Grand Traverse Co. | 3,106 | View › |
|
Tract 5513.03 Grand Traverse Co. | 2,797 | View › |
|
Tract 5506.01 Grand Traverse Co. | 2,762 | View › |
|
Tract 5504.01 Grand Traverse Co. | 2,335 | View › |
|
Tract 5506.03 Grand Traverse Co. | 2,287 | View › |
|
Tract 5508.01 Grand Traverse Co. | 2,284 | View › |
|
Tract 5513.01 Grand Traverse Co. | 1,619 | View › |
|
Tract 9900 Grand Traverse Co. | - | View › |
Source and tract definition
Source: U.S. Census Bureau ACS 5-Year Estimates 2023. Census tracts are small, stable geographic units used for statistical analysis. Each tract typically contains 1,200–8,000 people. Last updated: 2026