There are 5 retirement homes serving Traverse City, Michigan. This includes 4 in Traverse City and 1 nearby. Retirement home care costs in Michigan range from about $14 up to $144 per day, with a median cost running around $59. The per month cost averages around $1,760 and ranges between $412 and $4,317. On an annual basis, the median cost is around $21,120, which is under the US average of $23,100.
Traverse City is a mid size city in Michigan. It is located in Grand Traverse County. Though the encompassing statistical area has 1,454,781 residents, there are 70,019 living inside the city limits. The 55+ community represents around 31% of the total population.
Traverse City has a good SeniorScore™ of 75. The city's median household income is $52,000 ($30,000 per person), versus an average of $46,000 for the whole of Michigan. The median home price in Traverse City is $135,000, which is less than the state average of $177,000. Traverse City also has an average unemployment rate of roughly 8.64%.
Traverse City has harsh mean temperatures, with bitterly cold winters and mildly warm summers. The area gets low amounts of rain each year. Traverse City has moderate air quality ratings and an average rate of crime compared to similarly-sized cities.