Traverse City
MI
Comprehensive business data, market statistics, and demographic insights for Traverse City, MI. Census-backed market intelligence updated annually.
Market Signal Report
Curated Intelligence. We analyzed 342 local industries to isolate distinct economic patterns—from rapid acceleration to uncrowded markets.
These are not random picks. We filtered the census database to identify the strongest statistical match for distinct economic strategies.
- > High Momentum (Biz Count Growth)
- > Supply Gaps (Low Competition)
- > Market Anchors (High Volume)
Mobile Food Services
While the average sector grew flat, Mobile Food Services surged 3.3% from 2018 vs 2023. This is the fastest-moving opportunity in the market.
Services for the Elderly and Persons with Disabilities
Growing demand (2018 vs 2023) with surprisingly low competition level. A classic supply-gap opportunity with strong margins.
Landscape Architectural Services
Professional industry driven by high-value human capital. High barrier to entry due to specialized workforce requirements.
Fruit and Vegetable Canning
Dominated by a few key players. High consolidation often indicates mature market dynamics.
Full-Service Restaurants
Zero volatility. Growth matches population exactly. A proven, volume-based sector for long-term consistency.
View All Niches
See full table (342 Rows)
Traverse City Market Intelligence
342 Industries Analyzed • 2018 vs 2023 Data
Traverse City presents 342 market niches across diverse sectors. Competition is intense with 176 saturated sectors requiring differentiation strategies. Consider: Services for the Elderly and Persons with Disabilities, Mobile Food Services.
| Niche (NAICS) | Competition | Growth Rate | Businesses | Avg Team | Avg Salary |
|---|---|---|---|---|---|
Full-Service Restaurants#722511 | 1.06 | +3.1% | 164 | 20.4 | $32.8K |
Residential Remodelers#236118 | 1.58 | +30.3% | 129 | 4.4 | $53.2K |
Landscaping Services#561730 | 1.81 | +24.0% | 129 | 3.9 | $75.3K |
Limited-Service Restaurants#722513 | 0.74 | -6.2% | 121 | 14.6 | $24.8K |
Religious Organizations#813110 | 1.04 | -6.0% | 110 | 5.5 | $25.1K |
New Single-Family Housing Construction (except For-Sale Builders)#236115 | 2.91 | +7.4% | 102 | 3.9 | $59.6K |
Offices of Physicians (except Mental Health Specialists)#621111 | 0.79 | -16.0% | 100 | 16.0 | $110.7K |
Offices of Real Estate Agents and Brokers#531210 | 0.92 | +40.9% | 93 | 1.9 | $72.9K |
Offices of Lawyers#541110 | 0.79 | -4.8% | 80 | 4.1 | $90.8K |
Electrical Contractors and Other Wiring Installation Contractors#238210 | 1.47 | +28.1% | 73 | 6.6 | $62.0K |
Insurance Agencies and Brokerages#524210 | 0.88 | 0.0% | 70 | 32.8 | $93.0K |
Plumbing, Heating, and Air-Conditioning Contractors#238220 | 1.02 | +4.6% | 68 | 10.1 | $63.3K |
Offices of Dentists#621210 | 0.81 | +1.5% | 68 | 9.1 | $70.6K |
Hotels (except Casino Hotels) and Motels#721110 | 1.98 | +18.9% | 63 | 31.4 | $31.7K |
Gasoline Stations with Convenience Stores#447110 | 1.00 | -10.0% | 54 | 10.6 | $26.2K |
General Automotive Repair#811111 | 1.06 | -1.9% | 53 | 10.5 | $54.3K |
Engineering Services#541330 | 1.28 | +2.1% | 49 | 6.3 | $89.8K |
Commercial Banking#522110 | 1.02 | -15.8% | 48 | 10.4 | $82.1K |
Janitorial Services#561720 | 1.09 | +36.4% | 45 | 7.5 | $28.7K |
Snack and Nonalcoholic Beverage Bars#722515 | 0.83 | +30.3% | 43 | 6.6 | $27.0K |
Offices of Chiropractors#621310 | 1.75 | -2.3% | 42 | 2.8 | $33.4K |
All Other Specialty Trade Contractors#238990 | 1.61 | +28.1% | 41 | 6.0 | $69.7K |
Supermarkets and Other Grocery Retailers (except Convenience Retailers)#445110 | 1.10 | 0.0% | 41 | 35.5 | $27.5K |
Administrative Management and General Management Consulting Services#541611 | 0.59 | +58.3% | 38 | 2.4 | $105.7K |
Painting and Wall Covering Contractors#238320 | 1.59 | +5.7% | 37 | 2.9 | $56.0K |
Understanding Your Data
How to read the numbers and what to do next.
We pull directly from official U.S. Census Bureau records (specifically County Business Patterns & Nonemployer Statistics). We don't use estimates or opinions—we simply clean and organize the government's raw data so you can actually use it.
VERIFIED
MARKET
DATA
We built this platform to provide the foundational data you need to navigate your market's landscape and competitive dynamics.
Straight from the Source
We pull raw numbers directly from the U.S. Census Bureau. You're looking at the same data used by banks and city planners, simplified for clarity.
Data-First Methodology
We focus exclusively on the numbers. Our rankings are driven by objective metrics like growth and density, ensuring you see the market exactly as the data reports it.
Transparent Logic
No secret formulas. We show you the raw metrics—Growth, Density, and Volume—so you can verify the math yourself.