Best Places to Retire In Each State 2018

Traverse City, MI

the place image

Traverse City, MI

population
15.0K
median home price
$248,000
As of August 2018
Arts center of 15,000 on bay off Lake Michigan, 250 miles northwest of Detroit. Median home price $248,000. Cost of living at national average. PROS: Doctors per capita above national average. Highly walkable. No state estate/inheritance tax, no state income tax on Social Security earnings, state income tax break on pension income. CONS: Cold winters. NOTED: Elevation 625 feet. Top marginal income tax rate 4.25%. TRIVIA: Area is largest U.S. producer of tart cherries.

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