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CBSA!45900=METRO("Traverse City, MI")
Traverse City, MI metro area
The Traverse City, MI metropolitan area spans 4 counties and had 156,634 residents in 2024. Its economy produced $10.2 billion that year.
Michigan4 counties
GDP, 2024$10.2B#272 of 387 · +5.2% nominal
Income per person, 2024$70,939#88 of 387
Unemployment, 20254.6%#287 of 387 · #1 = lowest
Price level, 2024 (US = 100)93.4#199 of 387 · #1 = most expensive
Traverse City, MIUnited States
BEA county estimates (CAINC1, CAGDP1) summed over the 4 counties of the metro area; current dollars.
Industries, 2024
Share of the metro economy; blank where BEA suppresses a county figure.
| Industry | Value added | Share | US share | ||
|---|---|---|---|---|---|
| Real estate | — | — | 13.7% | ||
| Government | $1.0B | 10.2% | 11.1% | ||
| Manufacturing | $716M | 7.0% | 9.5% | ||
| Finance & insurance | $616M | 6.0% | 8.7% | ||
| Professional services | — | — | 8.0% | ||
| Health care | — | — | 7.5% | ||
| Wholesale trade | — | — | 6.3% | ||
| Retail trade | $889M | 8.7% | 5.9% | ||
| Information | $211M | 2.1% | 5.7% | ||
| Construction | $733M | 7.2% | 4.3% | ||
| Transportation & warehousing | — | — | 3.3% | ||
| Accommodation & food | — | — | 3.1% | ||
| Administrative & waste services | — | — | 3.0% | ||
| Other services | $324M | 3.2% | 2.0% | ||
| Management of companies | — | — | 1.8% | ||
| Utilities | $53M | 0.5% | 1.6% | ||
| Mining, oil & gas | $107M | 1.1% | 1.3% | ||
| Education | — | — | 1.1% | ||
| Arts & recreation | — | — | 1.0% | ||
| Agriculture | $104M | 1.0% | 0.8% |
BLS Local Area Unemployment Statistics, metropolitan areas.
Counties in the metro area
OMB delineation of July 2023 (Census Bureau, list 1).
| County | State | Type | FIPS | |
|---|---|---|---|---|
| Benzie County | Michigan | Outlying | 26019 | |
| Grand Traverse County | Michigan | Central | 26055 | |
| Kalkaska County | Michigan | Outlying | 26079 | |
| Leelanau County | Michigan | Outlying | 26089 |