Traverse City vs Livonia: Housing
| Traverse City | Livonia | |
|---|---|---|
| Median Home Value | $415,400 | $281,100 |
| Median Gross Rent | $995/mo | $1,322/mo |
| Homeownership Rate | 63.7% | 87.2% |
| Rent as Share of Income | 16.1% | 16.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.