Median mortgage payment for 2018: $1,247
Median rent for 2018: $893
Category |
Estimated Annual Spend (in 000's) |
|---|---|
| Food | $358,154 |
| --Home Prepared Food | $201,817 |
| --Restaurant/Takeaway Food | $156,337 |
| Alcoholic Beverages | $26,293 |
| Housing | $907,820 |
| --Rent/Mortgage/Upkeep/Taxes | $530,835 |
| --Utilities | $182,985 |
| --Operations | $68,930 |
| --Supplies | $33,755 |
| --Furnishings | $91,670 |
| Apparel | $84,209 |
| --Men & Boys | $18,831 |
| --Women & Girls | $34,110 |
| --Children < 2 | $355 |
| --Footwear | $17,766 |
| Transportation | $440,941 |
| --New Vehicles | $82,432 |
| --Used Vehicles | $94,157 |
| --Fuel | $95,223 |
| --Insurance | $44,059 |
| --Public Transit | $36,952 |
| Healthcare | $224,557 |
| Entertainment | $145,678 |
| --Pets | $29,846 |
| --Toys | $7,106 |
| Personal Care Products | $34,820 |
| Books & Literature | $4,974 |
| Education | $63,601 |
| Tobacco Products | $15,634 |
| Miscellaneous | $44,769 |
| Retirement | $85,275 |
| Non-health Insurance | $329,729 |
| Total Expenditures | $2,766,453 |
| Period | Geography | Population |
|---|---|---|
| 2014 | Traverse City, MI Micro Area | 145,374 |
| 2015 | Traverse City, MI Micro Area | 146,346 |
| 2016 | Traverse City, MI Micro Area | 147,200 |
| 2017 | Traverse City, MI Micro Area | 147,606 |
| 2018 | Traverse City, MI Micro Area | 148,400 |