Hawes, MI Economy


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United States / Michigan / No Metro Area / Alcona County / Hawes / Zip Codes
Hawes, MI is a small town located in the Upper Peninsula of Michigan, with an estimated population of just over 1,000 people. It is a great place for those looking for convenient access to outdoor activities such as fishing, hunting, camping and hiking. For individuals who love the outdoors, Hawes offers something for everyone. Additionally, the low-cost housing options make it ideal for families or individuals on a budget; two bedroom rent is about $820 per month which is significantly cheaper than the national average of $1,430. Groceries in Hawes are also more affordable than the US average since its grocery cost index is 91 compared to 100 nationally. The town also boasts several locally operated restaurants and shops that cater to residents' needs. In addition to these services there are plenty of recreational activities available such as golf courses and sporting clubs. With its friendly atmosphere and beautiful natural surroundings, Hawes provides visitors with an ideal place to call home.

Hawes has an unemployment rate of 7.4%. The US average is 6.0%.

Hawes has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.

Tax Rates for Hawes
- The Sales Tax Rate for Hawes is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hawes 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 Hawes
- The average income of a Hawes resident is $28,035 a year. The US average is $37,638 a year.
- The Median household income of a Hawes resident is $44,706 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHawes, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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