Expertise and Information
Economic Data
The Traverse Bay Economic Development Corporation is your central point of contact for obtaining economic data indicators, census, and market research for the region.
Liz McKellar
liz@tcchamber.org
202 E. Grandview Parkway
Traverse City, MI 49684
Phone: (231) 995-7115
FAX: (231) 946-2565
Economic Development Dashboard
Top Employers List
Benzie County – Top 10 –
- Crystal Mountain 319
- Graceland Fruit, Inc. 210
- Paul Oliver Memorial Hospital 129
- Smeltzer Orchard Co. 120
- Benzie County Government 115
- The Maples 109
- Honor Bank 83
- Continental Industries 77
- Crystal Lake Health Center 40
- BioTec Agronomics 35
Grand Traverse County – Top 25 –
- Munson Medical Center 3740
- Traverse City Area Public Schools 1984
- Grand Traverse Resort & Casino 943
- Northwestern Michigan College 700
- Traverse Bay Intermediate School District 618
- Grand Traverse County Government 530
- Sara Lee Bakery 500
- Grand Traverse Pavilions 470
- Hagerty 450
- Interlochen Center for the Arts 350
- Great Wolf Lodge 320
- Team Elmers 294
- Northwestern Bank 260
- Bill Marsh Automotive Group 200
- City of Traverse City 193
- Britten Banners, Inc. 182
- Meijer 168
- Coldwell Banker Schmidt 158
- Cone-Drive Operations, Inc 158
- Traverse City Record-Eagle 141
- Skilled Manufacturing, Inc. 133
- Grand Traverse Area Catholic Schools 125
- Grand Traverse Industries 125
- Park Place Hotel 125
- Northwest Michigan Surgery Center 123
Kalkaska County – Top 10 –
- Kalkaska Memorial Health Center 250
- Kalkaska County Government 185
- American Waste 180
- Wayne Wire Cloth Products 106
- Team Services, LLC 100
- Coding Products 76
- Arrow Energy Services, Inc. 55
- Flannery Machine and Tool, Inc. 35
- Mike’s Steamer Service, Inc. 30
- Kalkaska Screw Products, Inc. 23
Leelanau County – Top 10 –
- Leelanau Sands (Grand Traverse Resort & Casinos) 531
- Leelanau County Government 105
- Cherry Republic 60
- Easling Construction 54
- Leelanau Fruit Company 50
- The Homestead 42
- Oneupweb 42
- Leelanau Wine Cellars 40
- Paul Mauer General Contractor 35
- Global Marine Insurance Agency 35
Traverse City – Top 20 –
- Munson Medical Center 3740
- Traverse City Area Public Schools 1984
- Northwestern Michigan College 700
- Grand Traverse Pavilions 470
- Hagerty 450
- Northwestern Bank 215
- Bill Marsh Automotive 200
- City of Traverse City 193
- Meijer 168
- Coldwell Banker Schmidt 158
- Cone-Drive Operations, Inc 158
- Traverse City Record-Eagle 141
- Grand Traverse Area Catholic Schools 125
- Grand Traverse Industries 125
- Park Place Hotel 125
- Century, Inc 118
- AlcoTec Wire Corporation 116
- Consumers Energy 94
- Northern Lakes Community Mental Health 87
- Clark Manufacturing 80
Downtown Traverse City – Top 20 -
- Hagerty 450
- City of Traverse City 193
- Coldwell Banker Schmidt 158
- Traverse City Record-Eagle 141
- Park Place Hotel 125
- Northwestern Bank 90
- Northern Lakes Community Mental Health 87
- Traverse City State Bank 55
- Fifth Third Bank 54
- Gourdie Fraser 50
- Plante & Moran 46
- Holiday Inn 42
- Smith Haughey Rice & Roegge 41
- Rehmann, LLC 37
- Red Ginger 36
- Financial & Investment Management Group, Ltd (FIM Group) 29
- Chase Bank 24
- Bayshore Resort 23
- Salamander Technologies 22
- Smith & Johnson 22
Last Updated March 1, 2011 | Current numbers may vary slightly. Suggestions, comments or for more information please contact Liz McKellar at liz@tcchamber.org.
For detailed view of the economic conditions of the region, view the 2012 Market Snapshot.
County Profile Information
The County Profiles provides a county-level view of selected economic indicators that can assist the long-time resident as well as a prospective business. Simply refer to the counties listed below for more information.
Benzie County
One of Michigan’s fastest-growing counties, Benzie County’s natural beauty and numerous opportunities for outdoor recreation are strong influences in attracting businesses and people. The County’s 57 lakes and miles of scenic rivers provide individuals with access to canoeing, boating, and charter fishing. There are eight challenging golf courses, numerous biking and hiking trails, 135 miles of groomed snowmobile trails, and breathtaking fall color.
- Population (2010): 17,525
- Median Home Price (2008): $152,151
- Median Household Income (2008): $40,631
- Growth Since 2000: 9.5%
Why do business here?
- Available commercial and industrial property
- Targeted growth industries include:
- Agriculture
- Value-added agriculture processing companies
- Regional corporate service centers
- Advanced manufacturing companies
- Healthcare (ie, tendercare, elderly care, extended care) facilities
- Located 45 minutes from Cherry Capital Airport and downtown Traverse City
- Frankfort Airport accommodates private corporate jets
- Crystal Mountain is one of the Midwest’s premier ski and golf destination resorts
- Non-traditional financing available through the Benzie County EDC Revolving Loan Fund.
- To view the Guide to Permitting & Zoning for Benzie County click here.
Key Employers
- BioTech Agronomics
- Crystal Mountain
- Field Crafts, Inc.
- Food for Thought, Inc.
- Frankfort Manufacturing Company
- Graceland Fruit, Inc.
- Paul Oliver Memorial Hospital
- Smeltzer Orchard Co.
- The Maples
Festivals and Cultural Highlights
- Michigan Legacy Art Park
- Point Betsie Lighthouse
- Benzie Area Historical Museum
- Benzie Area Symphony Orchestra
- Betsie Valley Trail
- Benzie County Players
- Frankfort Garden Theatre
- National Coho Festival
- Sleeping Bear Dunes National Lakeshore
For more information or a complete listing of events in Benzie County, please contact the Benzie County Chamber of Commerce at (231) 882-5801 or visit www.benzie.org.
City of Traverse City
Traverse City is the economic and retail center of northwest Michigan. This growing, diverse community is situated on beautiful Grand Traverse Bay. The strong and growing local economy is driven by manufacturing, professional and financial services, retail, tourism, a leading hospital, medical facilities, Northwestern Michigan College and more. Traverse City’s historic downtown shopping district offers more than 150 unique boutiques, galleries, restaurants and pubs.
- Population (2008): 14,338
- Median Home Price (2008): $173,501
- Median Household Income (2008): $41,948
Why do business here?
- Two business and industrial parks within five minutes of Cherry Capital Airport
- High-tech commercial properties available just minutes from the beach
- Low-interest financing available through the Grand Traverse County EDC Revolving Loan Fund
- Approved Brownfield redevelopment sites located in the City
- Available commercial and retail properties at the historic Grand Traverse Commons – a virtually tax-free location for your business or residence
Cherry Capital Airport
Up to 15 daily flights to Detroit, Chicago, Minneapolis, Cincinnati, Atlanta and other seasonal destinations
One plane change away from anywhere in the world
Air shipping via Federal Express and UPS
Key Employers
- AlcoTec Wire
- Boride Engineered Abrasives
- Clark Manufacturing
- Cone Drive Operations Inc./Textron
- Hagerty
- Munson Healthcare
- Northwestern Michigan College
- Passageways
- Plascon, Inc.
- Salamander Technologies
Festivals and Cultural Highlights
- National Cherry Festival
- Traverse City Film Festival
- Old Town Playhouse
- Traverse Symphony Orchestra
- City Opera House
- Dennos Museum
- Downtown Farmers Market (seasonal)
- The State Theatre
Grand Traverse County
Grand Traverse County is the economic and retail center of northwest Michigan. This growing, diverse community is situated on beautiful Grand Traverse Bay. The strong and growing local economy is driven by manufacturing, professional and financial services, retail, tourism, a leading hospital, medical facilities, Northwestern Michigan College and more. Also, within Grand Traverse County is the City of Traverse City. Traverse City’s historic downtown shopping district offers more than 150 unique botuqies, galleries, restaurants and pubs.
Traverse City
- Population (2010): 14,674
- Median Home Price (2008): $173,501
- Median Household Income (2008): $41,948
Grand Traverse County
- Population (2010): 86,986
- Median Home Price (2008): $172,800
- Median Household Income (2008): $48,509
Why do business here?
- Six business and industrial parks within five minutes of Cherry Capital Airport
- Readily available, high-tech commercial properties
- Low-interest financing available through the Grand Traverse County EDC Revolving Loan Fund
- Approved Brownfield redevelopment sites
- Available commercial and retail properties at the historic Grand Traverse Commons – a virtually tax-free location for your business or residence
- Cherry Capital Airport – Up to 15 daily flights to Detroit, Chicago, Minneapolis, Cincinnati, Atlanta and other seasonal destinations; One plane change away from anywhere in the world; Air shipping via Federal Express and UPS
Key Employers
- Britten Banners, Inc.
- Interlochen Center for the Arts
- Grand Traverse Container
- Grand Traverse Ophthalmology Clinic
- Grand Traverse Resort & Casinos
- National Coatings
- Northwest Michigan Surgery Center
- Olmsted Products
- Quantum Sails
- Sara Lee Bakery
- Skilled Manufacturing, Inc.
- Team Elmers
Festivals and Cultural Highlights
- National Cherry Festival
- Traverse City Film Festival
- Interlochen Center for the Arts
- Old Town Playhouse
- Traverse Symphony Orchestra
- City Opera House
- Dennos Museum
- Sara Hardy Downtown Farmers Market
- The State Theatre
Kalkaska County
Kalkaska County has an abundance of natural recreation opportunities and a small, yet strong manufacturing sector. State forest land constitutes a majority of the area. Half the county is owned by the state; 225 miles of rivers, over 75 lakes and 80 miles of snowmobile trails, you can fish, swim, canoe, walk, ride, and enjoy a myriad of activities in the midst of nature. Employers choose Kalkaska because of its proximity to Traverse City, U.S. 131 and the I-75 corridor, as well as the natural beauty, affordable real estate, and strong workforce.
- Population (2010): 17,153
- Median Home Price (2008): $116,794
- Median Household Income (2008): $39,240
- Growth Since 2000: 3.5%
Why do business here?
- Prominent Oil & Gas industry
- Alternative energy opportunities for cellulosic ethanol using the county’s vast wood-based feedstock
- Forest products opportunities
- Kalkaska airport accommodates private aircraft
- Located 30 minutes from Cherry Capital Airport and downtown Traverse City
- Low-interest financing available through the Kalkaska County EDC Revolving Loan Fund program
Key Employers
- American Waste
- Coding Products
- Flannery Machine & Tool, Inc.
- Kalkaska Memorial Health Center
- Kalkaska Screw Products, Inc.
- Marsh Industrial
- Northern Design
- Shetler Dairy
- Team Services, LLC
- Wayne Wire & Cloth
Festivals and Cultural Highlights
- National Trout Festival
- Kaliseum Recreation Center
- Kalkaska Area Recreation & Transportation (KART) Trail
- Kalkaska County Museum
- Fife Lake Area Historical Museum
- Iceman Cometh Bike Race
For more information or a complete listing of events in Kalkaska County, please contact the Greater Kalkaska Area Chamber of Commerce at (231) 258-9103 or visit www.tcchamber.org/kalkaska-chamber.
Leelanau County
Leelanau County boasts 151 miles of shoreline, the most of any county in Michigan. Its lakes and miles of scenic rivers provide the county with access to canoeing, boating, and charter fishing. Leelanau County is also home to the Sleeping Bear Dunes National Lakeshore and the miles of unspoiled bluffs known as the Sleeping Bear Sand Dunes.
- Population (2008): 21,708
- Median Home Price (as of 2008): $223,858
- Median Household Income (2008): $51,196
- Growth Since 2000: 2.8%
Why do business here?
- Home to nearly 20 wineries and vineyards
- A burgeoning value-added agriculture industry
- Alternative energy opportunities in the areas of biomass and wind energy
- Commercial development and office space availability along West Grand Traverse Bay
- Low-interest financing available through the Leelanau County EDC Revolving Loan Fund program
- Leelanau County Guide to Permitting and Zoning
Key Employers
- Black Star Farms, LLC
- Cherry Republic
- Global Marine Insurance Agency
- KAL Excavating
- Leelanau Fruit Company
- Leelanau Wine Cellars, Ltd.
- Leelanau Sands Casino
- Oneupweb
- The Homestead
- Thomas and Milliken Millworks, Inc.
Festivals and Cultural Highlights
- Leland Wine & Food Festival
- The Bay Theatre
- Great Lakes Children’s Museum
- Grand Traverse Lighthouse Museum
- Suttons Bay Art Festival
For more information or a complete listing of events in Leelanau County, please contact the Leelanau Peninsula Chamber of Commerce at (231) 271-9895 or visit www.leelanauchamber.com.