Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 3,279 ↓ 2.4% since 2020 |
| Median Household Income | $65,931 12% below national median |
| Median Home Value | $110,100 |
| Unemployment Rate | 4.9% |
| Median Age | 45.5 years |
| Housing Vacancy Rate | 25.6% |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 3,279 |
| Population (2020) | 3,360 |
| Population Growth | -2.41% |
| Median Household Income | $65,931 |
| Median Home Value | $110,100 |
| Total Housing Units | 1,896 |
| Vacant Housing Units | 486 |
| Housing Vacancy Rate | 25.6% |
| Median Age | 45.5 |
| Bachelor's Degree or Higher | 302 (9.2%) |
| Unemployment Rate | 4.9% |
Market Overview
Traverse County, Minnesota has a population of 3,279, which has declined 2.41% since 2020. The median household income is $65,931, below the national median of $74,580 by 11.6%. The housing vacancy rate of 25.6% suggests soft market conditions. Traverse County is part of Minnesota's land market, attracting both local and out-of-state buyers.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Traverse County, Minnesota?
As of the 2023 American Community Survey, Traverse County has a population of 3,279. The county has declined 2.41% since the 2020 Census.
What is the median household income in Traverse County?
The median household income in Traverse County is $65,931, which is 11.6% below the national median of $74,580.
Is Traverse County growing or shrinking?
Traverse County is shrinking. The population has declined 2.41% since 2020.
What is the housing market like in Traverse County?
The median home value in Traverse County is $110,100. The housing vacancy rate is 25.6%, which suggests soft market conditions. The unemployment rate is 4.9%, reflecting the local economic conditions.
Does Reelvest buy land in Traverse County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Traverse County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.