Climate Risk Summary

Zip Code 49686, Risk Profile

The primary drivers of climate-related financial risk in Traverse City, MI (49686) are Cold Wave, Inland Flooding, and Winter Weather.

Understanding the Dollars

Expected Annual Loss (EAL) is a statistical average of property damage for this entire zip code over a standard year across all properties.

  • / It represents the "average cost" rather than a guaranteed yearly bill.
  • / It can be used to compare the relative risk from different hazards and across different neighborhoods.

Primary Risks

Cold Wave

$4,096,184

Expected Annual Loss for Zip Code 49686

97.2Score

Very High compared to US average

49686
Minimal Estimated LossMax Estimated Loss

Inland Flooding

$2,753,955

Expected Annual Loss for Zip Code 49686

36.6Score

Relatively Moderate compared to US average

49686
Minimal Estimated LossMax Estimated Loss

Winter Weather

$427,255

Expected Annual Loss for Zip Code 49686

99.1Score

Very High compared to US average

49686 (OUTLIER)
Minimal Estimated LossMax Estimated Loss

Zip Code Risk Map

Legend
Very Low
Low
Moderate
High
Very High
Extreme

Financial Risk Inventory

MAJOR DRIVER
Cold Wave
$4,096,184
Score: 97.2
MAJOR DRIVER
Inland Flooding
$2,753,955
Score: 36.6
MAJOR DRIVER
Winter Weather
$427,255
Score: 99.1
Tornado
$328,527
Score: 47.3
Strong Wind
$249,592
Score: 73.8
Lightning
$146,316
Score: 73.8
Hail
$105,079
Score: 65.9
Heat Wave
$54,067
Score: 12.0
Earthquake
$8,175
Score: 6.7
Landslide
$6,261
Score: 77.1
Coastal Flooding
$5,776
Score: 68.9
Wildfire
$2,435
Score: 51.9
Hurricane
$1,960
Score: 26.6
Ice Storm
$916
Score: 2.2

Recommended Mitigation Strategies

Recommended investments to protect your property value and reduce insurance liability based on your local risk profile.

🏠Low Investment

Cold Wave Mitigation

General property maintenance and insurance review recommended.

Risk Score: 97.2
💧Medium Investment

Inland Flooding Mitigation

Install a smart sump pump with battery backup and extend downspouts 10ft from foundation.

Risk Score: 36.6
🏠Low Investment

Winter Weather Mitigation

General property maintenance and insurance review recommended.

Risk Score: 99.1

Methodology and Sources

Spatial Aggregation

Our "Atlas" risk scores are derived using a population-weighted spatial join. Because US Zip Codes and Census Tracts do not share perfectly aligned boundaries, a simple geographic average would be misleading. We utilize US Census Block Group population statistics to identify where residents actually live within a Zip Code. We then intersect these points with FEMA National Risk Index (NRI) hazard data to calculate a weighted exposure score.

Financial Projections (EAL)

Expected Annual Loss (EAL) estimates the average economic impact of natural hazards in dollars per year. This calculation incorporates three components: Exposure (the value of structures and agriculture), Annualized Frequency (historical probability), and Historic Loss Ratio (vulnerability of the area).

Primary Data Sources

Nearby Locations

Zip Code 49690Zip Code 49684Zip Code 49682Zip Code 49629Zip Code 49621Zip Code 49696
49686 Climate Risk Report | Traverse City, MI