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Traverse City, MI Employment Information
Traverse City, Texas Overview
Traverse City, Michigan is home to 14,674 residents (143,372 if you count the four-county area around Grand Traverse County). The city has the honor of being the U.S. leading producer of tart cherries and is home to the annual National Cherry Festival every July. Traverse City is also a small hub for winemaking, tourism, skiing, semi-professional sports, the arts and a variety of maritime activities due to its position on the coast of Lake Michigan; all of these industries provide Traverse City jobs. It also placed second on TripAdvisor.com's list of "Top 10 Charming Small Towns" behind Carmel, California.
The overall cost of living in Traverse City is slightly below the national average. With the national average indexed at 100, the city scored a 98.2. The grocery, health, and housing categories ranked the lowest at 95, 96, and 98 respectively. However, utilities, transportation and miscellaneous (clothing, restaurants, etc.) scored a 103, 100 and 100, respectively.
The median cost of a home in Traverse City is $165,800, just slightly below the national median of $170,100. Residents also pay a 4.25 percent income tax (just below the national average of 4.72) and a sales tax of six percent.
Traverse City Job Opportunities
Several employers are located in the area to provide Traverse City jobs. According to the city's chamber of commerce, the following companies are considered "key employers" providing Traverse City, MI jobs in the area: AlcoTec Wire, Boride Engineered Abrasives, Clark Manufacturing, Cone Drive Operations Inc./Textron, Hagerty, Munson Healthcare, Northwestern Michigan College, Passageways, Plascon Inc. and Salamander Technologies.
Accommodation and food service jobs in Traverse City constitute the largest segment of the workforce, followed by retail trade, manufacturing, health care and social assistance, professional/technical services, education and transportation. There are also two business and industrial parks located within five minutes of the nearby Cherry Capital Airport. For additional job opportunities on Grand Traverse Bay, check out Leland jobs.
Traverse City Employment Trends
Traverse City has a workforce of roughly 158,000, given the influx of workers from surrounding counties. According to the local chamber of commerce, Grand Traverse county (of which Traverse City is the county seat) had an unemployment rate of 7.7 percent in July 2013 — just slightly above the national average of 7.4 percent the same month. However, the county compared favorably to its neighbors Kalkaska (8.8 percent unemployment), Benzie (8.7 percent unemployment) and Antrim (9.6 percent unemployment).
Check out hospitality jobs and tourism jobs in Traverse City, MI for plenty of work opportunities.