49684 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Grand Traverse County
Centroid: Latitude 44.773, Longitude -85.704
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 49684 has segments in 3 Counties (Benzie, Grand Traverse, Leelanau).

Businesses Addresses: 1,893
PO Box Addresses: 0
Residential Addresses: 10,620

Multi-Family Addresses: 1,727
Single Family Addresses: 8,893

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: May 1, 2020.

Traverse City, MI 49684 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	22,940 (100%)
Population in Households	22,273 (97.1%)
Population in Families	16,455 (71.7%)
Population in Group Quarters¹	667 ( 2.9%)
Population Density	418
Diversity Index²	16


INCOME
Median Household Income	$66,265
Average Household Income	$92,646
% of Income for Mortgage⁴	16%
Per Capita Income	$41,271
Wealth Index⁵	108

HOUSING
Total HU (Housing Units)	11,537 (100%)
Owner Occupied HU	6,851 (59.4%)
Renter Occupied HU	3,356 (29.1%)
Vacant Housing Units	1,330 (11.5%)
Median Home Value	$248,744
Average Home Value	$311,714
Housing Affordability Index³	151

HOUSEHOLDS
Total Households	10,207
Average Household Size	2.18
Family Households	5,841
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Traverse City, MI 49684 - Peer Comparisons by Rank and Percentile

The table below compares 49684 to the other 976 ZIP Codes in Michigan by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.92%	0.99%
Households	0.99%	1.04%
Families	0.72%	0.88%
Median Household Income		1.84%
Per Capita Income		2.0%
Owner Occupied HU		0.75%

Variable Description	Rank	Percentile
Total Population	# 155	84th
Population Density	# 298	70th
Median Household Income	# 216	78th
Housing Affordability Index	# 112	11th
Per Capita Income	# 98	90th
Diversity Index	# 517	47th

Traverse City, MI 49684 ZIP Code Profile

ZIP Code 49684: Basic Data & USPS Preferred City Name

Traverse City, MI 49684 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Traverse City, MI 49684 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 49684

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