Tawas City, Michigan is a small town located in the northern part of the Michgan. With a population of just 48763, it is an ideal place to live for those who are looking for small-town charm combined with modern amenities. The rent for a two-bedroom apartment is $770 per month which makes living in Tawas City much more affordable than most other places in the United States. Groceries are also relatively inexpensive with a grocery cost index of 90 versus 100 in US.
Residents of Tawas City are served by many local businesses such as Clifford's True Value Hardware Store and Northern Realty which offer various services to make life easier and more enjoyable for locals. Other prominent businesses include Fed/Ex and Reliable Auto Parts & Service. Residents can enjoy activities such as fishing, golfing or just taking walks along Lake Huron. There are plenty of restaurants, bars, shopping centers and parks that all contribute to making Tawas City an ideal place to live with a laid-back lifestyle that will leave you feeling relaxed and content.
Tawas City (zip 48763) has an unemployment rate of 7.5%. The US average is 6.0%.
Tawas City (zip 48763) has seen the job market decrease by -5.3% 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 Tawas City (zip 48763)
- The Sales Tax Rate for Tawas City (zip 48763) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Tawas City (zip 48763) 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 Tawas City (zip 48763)
- The average income of a Tawas City (zip 48763) resident is $29,832 a year. The US average is $37,638 a year.
- The Median household income of a Tawas City (zip 48763) resident is $54,515 a year. The US average is $69,021 a year.