Traverse City, Michigan — Tax Burden
Ranked #1779 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
12.44%
Rank: 1779th nationally
Property Tax Rate
1.30%
Rank: 2380th nationally
Income Tax Rate
4.250%
Michigan state rate
Sales Tax Rate
6.00%
State + local combined
Tax Burden Breakdown
Property (50%)Income (34%)Sales (16%)
Median Income: $70,700
Median Home Value: $336,900
Median Property Tax: $4,392/yr
Population: 15,468