County profile
Traverse County, MN
United States · GDP 2024
#2630 of 3,127 US counties by GDPtop-decile growthmore diversified than 24% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$347.5M
BEA · 2024
GDP growth (YoY)
+12.7%
BEA · 2024
Jobs tracked
732
Census CBP · 2023
Employers
121
Census CBP · 2023
Avg. wage
$44.7k
BLS QCEW · 2023
Population
3,130
Census PEP · 2025
Labor, income & education
Unemployment
3.9%
Median HH income
$63.0k±$7.6k
Bachelor's degree+
16.6%±2.4%
Poverty rate
11.3%±2.9%
Business applications
18 · 2025
Retail establishments
27
85.7/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care37%
Retail trade29%
Wholesale trade13%
Other services10%
Manufacturing6%
Finance & insurance5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
3,130
residents · 2025 · -6.8% since 2020
Income per capita $82.1k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−146
International migration+14
Natural change−93
GDP trend
2019–2024 · nominal
$142.6M2019
$204.9M2020
$236.9M2021
$316.0M2022
$308.3M2023
$347.5M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$114.1k±$12.2k
Median gross rent
$615/mo±$66/mo
Vacancy rate
30.9%±3.8%
Affordability
2.6× wages
Residential permits
$4.1M
6 units · 1.9/1k pop
FEMA risk score
6.2
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Hail 57Winter weather 57Cold wave 41
FHFA HOUSE PRICE INDEX · 2014–2024
1392014
1312015
1542016
1582017
1512018
1512019
1622020
1752021
1852022
2412024
RESIDENTIAL PERMITS · 2021–2025
↓ -71% since 2021212021
182022
52023
42024
62025
Transport access
BTS · FAA · USACE
Nearest interstate
31.1 km
I-29
Nearest freight rail
21.6 km
CPKC
Nearest port
263.6 km
AMERICAN IRON AND SUPPLY CO. DOCK
Nearest commercial airport
109.3 km
WATERTOWN RGNL
Wage trend
BLS QCEW · 2019–2023$44.7k
avg. annual pay · +24% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Traverse?
Traverse's economy produced $347.5M in 2024, growing 12.7% year over year — faster than 95% of US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.