Traverse City vs Dearborn
| Traverse City | Dearborn | |
|---|---|---|
| Population | 15,468 | 108,414 |
| Median Household Income | $74,087 | $65,324 |
| Median Home Value | $415,400 | $218,800 |
| Median Gross Rent | $995/mo | $1,327/mo |
| Homeownership Rate | 63.7% | 68.4% |
| Unemployment Rate | 5.2% | 6.6% |
| Bachelor's Degree or Higher | 47.4% | 34.6% |
| Median Age | 42.7 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.