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Hardwood Acres, MI
Full City Profile · Michigan · Grand Traverse County County
3.7
/5.0
B+
Good
735
Population
1,387/sq mi density
$107,128
Median Income
$41,030 per capita
$240,500
Home Value
$386,757 Zillow
45°F
Avg Temperature
270 sunny days/yr
305
Violent Crime/100K
1,840 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$107,128 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$240,500 home value, /mo rent
F
Safety
1.0 / 5.0
305 violent crimes/100K
B+
Education
3.7 / 5.0
34.1% bachelor's degree or higher
Income Overview
Median Household Income
$107,128
43% above
US avg: $75,149
Per Capita Income
$41,030
5% above
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Hardwood Acres vs. U.S. Average
Each bar shows Hardwood Acres’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$107,128
143%
Per Capita
US: $39,052
$41,030
105%
IRS Avg AGI
US: $72,000
$91,357
127%
Avg Weekly Wage
US: $1,432
$1,140
80%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,140
20% below US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
72.2%
1% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$7,470M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.2%
Public Transit
0%
Work From Home
0%
Other
27.8%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,762
Restaurants
290
Healthcare
395
Retail
551
Manufacturing
180
Tax & Financial
IRS Avg Adjusted Gross Income
$91,357
27% above US avg ($72,000)
Avg Property Tax
$8,269
136% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $107,128 |
| Per Capita Income | $41,030 |
| IRS Avg Adjusted Gross Income | $91,357 |
| Avg Weekly Wage | $1,140 |
| County GDP | $7,470M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.437 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 72.2% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 3,762 |
| Restaurants | 290 |
| Healthcare | 395 |
| Retail | 551 |
| Manufacturing | 180 |
Tax
| IRS Avg AGI | $91,357 |
| Avg Property Tax | $8,269 |