Zip Code

49686

City

Traverse City, MI

Population & Migration

What is the forecasted population for Zip code 49686 Traverse City, MI?

Population census 2020
34,341
Forecasted population 2025
25,680
-0.25% vs. 2020
Forecasted population 2030
26,044
-0.24% vs. 2020

Zip code 49686 Traverse City, MI population is forecasted to decrease -0.25% by 2025 (-29.9 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 25,680 people for 2025 zip code 49686 Traverse City, MI will generate a good demand for housing, which is expected to have an excess of -4,210 houses for 2030. Vacancy rate is 1.8 points above national US average.

Total homes available 2020
17,428
Estimated total home demand in 2030
13,217
Total homes balance inventory
-4,210

Average Household Income in zip code 49686 Traverse City, MI
from Internal Revenue Service

Average household income in 2021
$88,804

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 49686 Traverse City, MI?

County total number of drinking water violations

433

+77%

244

County total number of drinking water contaminations

15

-38%

24

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