East Tawas, MI is a quaint city located on the shores of Lake Huron in Michigan. It is home to a variety of shops, restaurants, and other businesses. The cost of living in East Tawas is quite affordable as evidenced by the 2 bedroom rent being only $850 compared to the US average of $1,430. Additionally, groceries are about 10% cheaper than the national average. Local companies include Tawas Bay Beach Resort which offers a range of accommodations from luxury suites to camping. There's also the Tawas Point State Park which features one of the most scenic lighthouses in Michigan as well as miles of sandy beaches. Every summer East Tawas hosts its annual Tip Up Town Festival which includes snowmobile stunt shows, ice fishing tournaments and live music performances.
East Tawas has an unemployment rate of 7.5%. The US average is 6.0%.
East Tawas has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for East Tawas
- The Sales Tax Rate for East Tawas is 6.0%. The US average is 7.3%.
- The Income Tax Rate for East Tawas is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for East Tawas
- The average income of a East Tawas resident is $28,807 a year. The US average is $28,555 a year.
- The Median household income of a East Tawas resident is $38,295 a year. The US average is $69,021 a year.