Household Income in Oak Park, Traverse City, Michigan (Neighborhood)

Household Income Percentiles#1

Scope: households in Traverse City and Oak Park
Oak Park
Traverse City
$0k$50k$100k$150k$200k%95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile$207,164.030413$210,956.000000$207,164.030413$207.2k410.970%411%$97,489.883071$99,923.000000$97,489.883071$97.5k193.400%193%$62,682.229062$61,705.000000$62,682.229062$62.7k124.348%124%$50,408.519464$51,139.000000$50,408.519464$50.4k100.000%100%$44,746.055134$39,510.000000$44,746.055134$44.7k88.767%88.8%$25,385.619754$21,379.000000$25,385.619754$25.4k50.360%50.4%

Relative Household Income Percentiles#2

Selected measures of household income in Oak Park, as a percentage more or less than Traverse City at large.
Scope: households in Traverse City and Oak Park
0%5%10%15%$ref.95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile-1.797517%-1.797517%1.8%$207,164.030413$207.2k$210,956.000000$211.0k-2.434992%-2.434992%2.4%$97,489.883071$97.5k$99,923.000000$99.9k1.583711%1.583711%1.6%$62,682.229062$62.7k$61,705.000000$61.7k-1.428422%-1.428422%1.4%$50,408.519464$50.4k$51,139.000000$51.1k13.252481%13.252481%13.3%$44,746.055134$44.7k$39,510.000000$39.5k18.740913%18.740913%18.7%$25,385.619754$25.4k$21,379.000000$21.4k

Household Income Interval Means#3

Scope: households in Traverse City and Oak Park
Oak Park
Traverse City
$0k$100k$200k$300k$400k%Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%$316,569.721315$419,191.000000$316,569.721315$316.6k628.008%628%$176,384.332405$206,699.000000$176,384.332405$176.4k349.910%350%$77,840.615871$79,508.000000$77,840.615871$77.8k154.420%154%$53,106.701523$50,274.000000$53,106.701523$53.1k105.353%105%$36,182.836797$29,935.000000$36,182.836797$36.2k71.779%71.8%$16,150.876223$11,487.000000$16,150.876223$16.2k32.040%32.0%

Relative Household Income Interval Means#4

Selected measures of household income in Oak Park, as a percentage more or less than Traverse City at large.
Scope: households in Traverse City and Oak Park
20%0%20%40%$ref.Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%-24.480792%-24.480792%24.5%$316,569.721315$316.6k$419,191.000000$419.2k-14.666093%-14.666093%14.7%$176,384.332405$176.4k$206,699.000000$206.7k-2.097127%-2.097127%2.1%$77,840.615871$77.8k$79,508.000000$79.5k5.634526%5.634526%5.6%$53,106.701523$53.1k$50,274.000000$50.3k20.871344%20.871344%20.9%$36,182.836797$36.2k$29,935.000000$29.9k40.601343%40.601343%40.6%$16,150.876223$16.2k$11,487.000000$11.5k

Shares of Household Income#5

By quintiles and the top 5%.
Scope: households in Traverse City and Oak Park
Oak Park
Traverse City
0%10%20%30%40%50%%Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%22.185492%27.730000%22.185492%22.2%443.709849%444%49.111714%54.690000%49.111714%49.1%245.558570%246%21.523465%21.040000%21.523465%21.5%107.617326%108%14.810684%13.300000%14.810684%14.8%74.053420%74%9.978632%7.920000%9.978632%10.0%49.893160%50%4.581022%3.050000%4.581022%4.6%22.905109%23%

Relative Shares of Household Income#6

By quintiles and the top 5% in Oak Park, as a percentage more or less than in Traverse City at large.
Scope: households in Traverse City and Oak Park
0%20%40%%ref.Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%-19.994618%-19.994618%20.0%22.185492%22%27.730000%28%-10.199828%-10.199828%10.2%49.111714%49%54.690000%55%2.297838%2.297838%2.3%21.523465%22%21.040000%21%11.358526%11.358526%11.4%14.810684%15%13.300000%13%25.992828%25.992828%26.0%9.978632%10%7.920000%8%50.197439%50.197439%50.2%4.581022%5%3.050000%3%

Household Income Distribution#7

Normalized with respect to a standard interval of $5k. Gray areas represent percentile bands from the neighborhoods in Traverse City.
Scope: households in Traverse City, Oak Park, and other neighborhoods in Traverse City
Oak Park
Traverse City
Percentile:
0th - 100th
10th - 90th
20th - 80th
30th - 70th
40th - 60th
0%2%4%6%8%Count%> $200k1$150-200k2$125-150k2$100-125k2$75-100k2$60-75k2$50-60k2$45-50k$40-45k$35-40k$30-35k$25-30k$20-25k$15-20k$10-15k< $10k214153.523%3.52%671.558%1.56%892.026%2.03%286.637%6.64%7417.490%17.5%378.834%8.83%444510.524%10.5%163.810%3.81%317.382%7.38%30317.302%7.30%451.092%1.09%204.828%4.83%429.998%10.00%15163.704%3.70%22235.344%5.34%255.947%5.95%

Median Household Income by Race#8

Scope: households in Traverse City and Oak Park
Oak Park
Traverse City
$0k$10k$20k$30k$40k$50k%All1$50,408.519464$51,139.000000$50,408.519464$50.4k100.000000%100%

Household Income Distribution by Race#9

Ethno-racial composition of the given household income intervals.
Scope: households in Oak Park
White1
Hispanic2
Mixed3
Black3
Other3
Asian3
> $200k$150-200k$125-150k$100-125k$75-100k$60-75k$50-60k$45-50k$40-45k$35-40k$30-35k$25-30k$20-25k$15-20k$10-15k< $10k100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%57100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%19100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%34100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%6364100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%10010199.143650%99%0.000000%0.000000%0.000000%0.000000%0.856350%10110298.527236%99%0.000000%0.000000%0.000000%0.000000%1.472764%111112100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%4692.456904%92%0.000000%7.543096%8%0.000000%0.000000%0.000000%3334100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%363797.124295%97%0.000000%0.000000%0.000000%2.875705%0.000000%2795.326750%95%0.000000%4.673250%0.000000%0.000000%0.000000%7992.460338%92%0.000000%0.000000%5.820014%0.000000%1.719648%53100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%22100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%414289.275624%89%0.000000%2.978993%7.745383%8%0.000000%0.000000%37380%20%40%60%80%100%Count

Map of Household Income by Tract in Oak Park

Median Household Income by Tract#10

Median household income ($):
$44,600$48,600$52,500$56,400$60,300$64,200

20th Percentile Household Income by Tract#11

20th percentile of household income ($):
$22,100$23,600$25,000$26,500$27,900$29,400

Mean of the Top 5% Household Income by Tract#12

Mean household income of the top 5% of households ($):
$269k$291k$312k$332k$353k$375k

Gini Index Household Income by Tract#13

Gini Index of income inequality (larger Gini Index means more inequality) (%):
43.800%43.808%43.816%43.824%43.832%43.840%
Road Data ©OpenStreetMap

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Household Income by Neighborhood in Traverse City

There are 8 neighborhoods in Traverse City. This section compares Oak Park to all of the neighborhoods in Traverse City and to those entities that contain or substantially overlap with Oak Park.

Median Household Income by Neighborhood#14

Scope: households in Oak Park, selected other neighborhoods in Traverse City, and entities that contain Oak Park
$0k$20k$40k$60k%#Slab Town NeighborhoodSlab TownZIP Code 49686ZIP 49686Traverse City Area Public SchoolsTraverse CityGrand Traverse CountyGrand TraverseUnited States of AmericaUnited StatesMidwestKids Creek NeighborhoodKids CreekTraverse City Metro AreaTraverse CityEast North CentralCentral NeighborhoodCentralTraverse CityMichiganOak Park NeighborhoodOak ParkOld Towne NeighborhoodOld TowneTraverse Heights NeighborhoodTraverse HtsDowntown NeighborhoodDowntownBoardman NeighborhoodBoardman$62,781.765180$62,781.765180$62.8k+24.546%+24.5%1$58,389.000000$58,389.000000$58.4k+15.832%+15.8%$55,947.000000$55,947.000000$55.9k+10.987%+11.0%$55,597.000000$55,597.000000$55.6k+10.293%+10.3%$55,322.000000$55,322.000000$55.3k+9.747%+9.75%$53,593.000000$53,593.000000$53.6k+6.317%+6.32%$53,516.366208$53,516.366208$53.5k+6.165%+6.17%2$53,215.000000$53,215.000000$53.2k+5.567%+5.57%$52,978.000000$52,978.000000$53.0k+5.097%+5.10%$52,419.571606$52,419.571606$52.4k+3.990%+3.99%3$51,139.000000$51,139.000000$51.1k+1.449%+1.45%$50,803.000000$50,803.000000$50.8k+0.783%+0.78%$50,408.519464$50,408.519464$50.4k+0.000%0%4$49,699.077131$49,699.077131$49.7k-1.407%-1.41%5$45,523.794840$45,523.794840$45.5k-9.690%-9.69%6$45,472.880411$45,472.880411$45.5k-9.791%-9.79%7$45,286.099437$45,286.099437$45.3k-10.162%-10.2%8

Six-Figure Incomes by Neighborhood#15

Percentage of households with incomes above $100k.
Scope: households in Oak Park, selected other neighborhoods in Traverse City, and entities that contain Oak Park
< $25k
$25-50k
$50-100k
$100-200k
$200k+
80%60%40%20%0%20%Count#Slab Town NeighborhoodSlab TownUnited States of AmericaUnited StatesCentral NeighborhoodCentralMidwestEast North CentralZIP Code 49686ZIP 49686Traverse City Area Public SchoolsTraverse CityMichiganKids Creek NeighborhoodKids CreekTraverse CityGrand Traverse CountyGrand TraverseDowntown NeighborhoodDowntownTraverse City Metro AreaTraverse CityBoardman NeighborhoodBoardmanOld Towne NeighborhoodOld TowneOak Park NeighborhoodOak ParkTraverse Heights NeighborhoodTraverse Hts-38.748218%-18.803270%-17.683069%-75.234557%75%18.865543%5.899899%24.765443%25%1191-29.966666%-23.121086%-22.339882%-75.427634%75%18.905615%5.666751%24.572366%25%28,925,66528.9M-32.998897%-18.794331%-25.988037%-77.781266%78%14.995681%7.223053%22.218734%22%1971982-31.411728%-24.244948%-22.410939%-78.067616%78%17.679798%4.252586%21.932384%22%5,775,7825.78M-31.037441%-24.231391%-22.936945%-78.205777%78%17.522445%4.271778%21.794223%22%3,942,1483.94M-36.903264%-23.410554%-18.769891%-79.083710%79%15.646510%5.269780%20.916290%21%2,826-36.060877%-24.225604%-19.236049%-79.522531%80%15.726649%4.750821%20.477469%20%6,862-30.514346%-25.050655%-24.156990%-79.721992%80%16.479536%3.798472%20.278008%20%782,811783k-36.102569%-14.728472%-29.113122%-79.944163%80%13.342416%6.713422%20.055837%20%603-31.505393%-24.502506%-24.016406%-80.024305%80%13.899438%6.076257%19.975695%20%1,315-36.546432%-24.330682%-19.284194%-80.161308%80%15.520332%4.318360%19.838692%20%7,084-26.159923%-27.410504%-27.200044%-80.770470%81%12.608816%6.620714%19.229530%19%56574-35.087958%-25.862596%-20.148747%-81.099300%81%14.932419%3.968281%18.900700%19%11,13111.1k-27.808704%-32.812237%-21.973698%-82.594639%83%11.616538%5.788823%17.405361%17%36375-29.002398%-28.897690%-27.014757%-84.914844%85%7.867550%7.217606%15.085156%15%506-36.848334%-24.413377%-24.994117%-86.255829%86%10.221042%3.523129%13.744171%14%587-31.405552%-32.645269%-24.766069%-88.816890%89%7.547025%3.636085%11.183110%11%528

Mean Household Income of the Top 5% by Neighborhood#16

Scope: households in Oak Park, selected other neighborhoods in Traverse City, and entities that contain Oak Park
$0k$200k$400k%#Old Towne NeighborhoodOld TowneCentral NeighborhoodCentralKids Creek NeighborhoodKids CreekTraverse CityZIP Code 49686ZIP 49686United States of AmericaUnited StatesSlab Town NeighborhoodSlab TownGrand Traverse CountyGrand TraverseTraverse City Area Public SchoolsTraverse CityTraverse City Metro AreaTraverse CityEast North CentralMidwestDowntown NeighborhoodDowntownOak Park NeighborhoodOak ParkMichiganBoardman NeighborhoodBoardmanTraverse Heights NeighborhoodTraverse Hts$541,098.000000$541,098.000000$541.1k+70.925%+70.9%1$455,932.869056$455,932.869056$455.9k+44.023%+44.0%2$436,574.531985$436,574.531985$436.6k+37.908%+37.9%3$419,191.000000$419,191.000000$419.2k+32.417%+32.4%$375,310.000000$375,310.000000$375.3k+18.555%+18.6%$358,316.000000$358,316.000000$358.3k+13.187%+13.2%$349,189.000000$349,189.000000$349.2k+10.304%+10.3%4$347,492.000000$347,492.000000$347.5k+9.768%+9.77%$345,121.000000$345,121.000000$345.1k+9.019%+9.02%$335,285.000000$335,285.000000$335.3k+5.912%+5.91%$318,709.000000$318,709.000000$318.7k+0.676%+0.68%$317,962.000000$317,962.000000$318.0k+0.440%+0.44%$317,693.412605$317,693.412605$317.7k+0.355%+0.35%5$316,569.721315$316,569.721315$316.6k+0.000%0%6$299,373.000000$299,373.000000$299.4k-5.432%-5.43%$269,714.000000$269,714.000000$269.7k-14.801%-14.8%7$257,725.145084$257,725.145084$257.7k-18.588%-18.6%8

Definitions

  • Household Income: total income from all people in the household
  • Median: in terms of income, it is the income for which 50% of households have a lower income, and 50% have a higher income
  • Percentile: for example, the 80th percentile of household income is the income for which 80% of household have a lower income and 20% have a higher income
  • Quintile: a quintile is 20% of a population, grouped by percentile; for example, the 2nd quintile is all members of a population between the 20th and 40th percentiles
  • Gini Index: a statistical measure of how unevenly income is distributed in a population (ranging from 0% to 100%, the higher the number, the greater the inequality)

Unlike the other geographical entities detailed on this site, neighborhoods are not recognized by the U.S. Census Bureau. To overcome this we have computed reasonable estimates of the same statistics that are presented for other the entity types. Each statistic is computed as the weighted sum or average of the census tracts or block groups that overlap the neighborhood. A weighted sum is used for counts of people or households, and a weighted average is used for statistics that are themselves some form of average, such as median household income. Census block groups are preferred when the statistic in question is available on the block group level. The weight for a given tract (or block group) is computed as the population of the census tabulation blocks that occupy the intersection between the tract and the neighborhood as a fraction of the total population of the neighborhood.

For additional information about the data presented on this site, including our sources, please see the About Page.

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