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Places/MN/Traverse
County profile

Traverse

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
GDP growth
+12.7%
Jobs tracked
732
Employers
121
Avg. wage
$44.7k
Population
3,130
Labor & formation
Unemployment
2.9%
Median HH income
$63.0k±$7.6k
Business applications
18 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

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
$142.6M
2019
$204.9M
2020
$236.9M
2021
$316.0M
2022
$308.3M
2023
$347.5M
2024

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
6 (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
139
2014
131
2015
154
2016
158
2017
151
2018
151
2019
162
2020
175
2021
185
2022
241
2024
Wage trend
BLS QCEW · 2019–2023
$44.7k
avg. annual pay · +24% since 2019
Similar US counties
nearest by GDP
Duval$346.6MMcCreary$348.9MSchuyler$346.0MTrinity$349.5MNoxubee$345.5MMcLean$345.2M
The read

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.
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