Traverse City, MI 49686

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5030 6350 $11,177 $1,893
(13.12% of returns)
$1,934
(5.77% of returns)
$5,468
$25,000 to $50,000 3150 4860 $30,609 $3,229
(15.24% of returns)
$7,240
(19.68% of returns)
$5,278
$50,000 to $75,000 1650 3110 $42,810 $4,852
(29.09% of returns)
$15,787
(34.55% of returns)
$5,554
$75,000 to $100,000 1090 2420 $51,772 $6,453
(37.61% of returns)
$21,811
(38.53% of returns)
$6,735
$100,000 to $200,000 1570 3890 $76,386 $10,428
(47.77% of returns)
$26,055
(37.58% of returns)
$7,790
Over $200,000 830 2330 $305,075 $35,340
(73.49% of returns)
$27,386
(26.51% of returns)
$12,850
For Zip 13320 22960 $59,900

`

Income Tax Rates

Rate Minimum Income Maximum Income
0.0425 0 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0144 13

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.06 0.0000 0.0600 38