Traverse City vs Detroit
| Traverse City | Detroit | |
|---|---|---|
| Population | 15,468 | 636,787 |
| Median Household Income | $74,087 | $39,938 |
| Median Home Value | $415,400 | $83,900 |
| Median Gross Rent | $995/mo | $1,074/mo |
| Homeownership Rate | 63.7% | 50.3% |
| Unemployment Rate | 5.2% | 14.0% |
| Bachelor's Degree or Higher | 47.4% | 18.1% |
| Median Age | 42.7 | 35.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.