Cost of Living in Grand Traverse County, MI
What does it cost to live in Grand Traverse County? Income, housing, and affordability breakdown.
Median Income
$75,553
Median Rent
$1,147/mo
Median Home
$273,300
Affordability
369
Housing Cost Breakdown
Owning (20% down, 6.5%)
Renting
Living in Grand Traverse County, Michigan
Grand Traverse County has a median household income of $75,553 with housing costs that represent 27.1% of income for owners and 18.2% for renters. Housing costs are within the recommended 30% of income threshold.
The affordability index of 369 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.
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