Traverse County, MN
FIPS: 27155
Median HAM
3.3x
Low
Jul 2023
Minimum HAM
6.3x
Elevated
Jan 2026
HAM Burden
No data
Not enough historical data to show a trend chart for this county.
Economic Profile
BEA GDP data (2024)
GDP Per Capita
$103,433
National avg: ~$82,000
Total GDP
$348M
Thousands of current $
Population
3,360
2020 Census
Top Industries by GDP
Agriculture, forestry, fishing and hunting52.6%
Wholesale trade9.7%
Real estate and rental and leasing8.8%
Government and government enterprises7.4%
Health care and social assistance5.3%
Data Breakdown
Median HAM
Data as of Jul 2023
Median Home Price
$110,100
Census ACS
Gross Median Income
$42,420
Census ACS
Net Median Income
$33,099
Calculated
Median HAM
3.33x
Minimum HAM
Data as of Jan 2026
Median Home Price
$120,000
Redfin
Min Wage (Hourly)
$11.13/hr
State labor data
Net Min Wage Income
$18,904
Calculated
Minimum HAM
6.35x
Methodology: HAM = Home Price / Net Annual Income. Net income assumes single filer, standard deduction, 2,080 hrs/yr for minimum wage. Federal + state tax + FICA deducted. Home price source priority: Zillow ZHVI > Redfin > Census ACS.