In comparing Michigan's property taxes to those of other states, Michigan's relative competitiveness improves as real property become a larger portion of the total property assets of a firm because some states that tax only real property, impose a much higher rate than does Michigan. Michigan has exemptions for electricity and natural gas used in production, air and water pollution abatement equipment, machinery and equipment used in manufacturing. The combination of low rate and broad exemptions makes the Michigan sales tax one of the least burdensome in the nation. College Program Northwestern Michigan College, a Community college, was founded in 1951. NMC's Great Lake Maritime Academy, the only Maritime Academy on the Great Lakes, prepares students to become merchant marine officers.
All programs lead to associate degrees or certificates of achievement.
A number of other state colleges and universities offer courses and degrees at the baccalaureate and graduate degree level in Traverse City. Preparatory courses in all fields. Vocational and Machine trade schools. Farm shop, machine shop, wood shop, drafting, agriculture, home and family living and business. Trade Apprenticeships, Cooperative training.