There are 2 senior apartments in Traverse City, Michigan. The daily costs for a senior apartment in Michigan range from $11 to $115, with an average expense running approximately $47. The monthly expense averages about $1,408 and ranges between $330 and $3,454. On an annual basis, the average cost is about $16,896, which is below the national average of $18,480.
Traverse City is a medium-sized city in Grand Traverse County, Michigan. The encompassing statistical area includes 1,454,781 residents, but there are 70,019 living inside the city limits. 31% of the local populace are 55 and over.
Traverse City has an above average SeniorScore™ of 75. The city's average household income is $52,000 ($30,000 per capita), in comparison to an average of $46,000 for the entire state of Michigan. The average housing price in Traverse City is $135,000, which is lower than the Michigan average of $177,000. The city has a moderate unemployment rate of approximately 8.64%.
Traverse City has very harsh average temperatures, with bitterly cold winters and calm summers. The area receives low levels of precipitation each year. In comparison to other cities in the United States, Traverse City has average air quality ratings and a moderate rate of crime.