Traverse Transportation Coordinating Initiative

This community of 89,197 residents.

Housing snapshot

Population
89,197 (2024)
N/A Median income (Census ACS 2024)
89,197 Population (2024 estimate)
N/A Jobs
N/A Recent building permits (previous 5 years; Census BPS)
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How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

Who lives here today?

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Traverse Transportation Coordinating Initiative needs 3,095 new units over the next 5 years.

2,315
Units needed to keep up with expected growth
Projected total household growth from 2026 to 2031.
6.0%
Projected household growth rate
Expected increase in total households from 38,674 in 2026 to 40,989 in 2031.
780
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
280
Replacement housing
Effective annual loss rate is 1.3 per 1,000 units.
500
Ownership vacancy adjustment
Owner-occupied vacancy is 0.4%. This is below the minimum stable target of 1.5%.
3,095
Total 5-year housing production need (2026-2031)
619
Annual production pace
Average units needed per year to meet 5-year need
7.1%
Total housing unit growth
Percent increase in housing stock over 5 years
1.4%
Annual housing unit growth
Average percent increase in housing stock per year