Zip 48730 (East Tawas, MI) Economy


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United States / Michigan / No Metro Area / Iosco County / East Tawas / East Tawas (zip 48730)
equestId":"5a39e413-e874-401a-b236-3ab9ff926564","resource":"content","data":[{"id":"txt_587b6289512c419fbb0263f40aa9a24c","text":" that provide services and amenities, of East Tawas.\n \n48730 East Tawas, MI is a small town located in Iosco County near Lake Huron. The average 2 Bedroom rent here is $830 compared to the US average of $1,430 making it an attractive place for families and individuals looking for affordable housing. Additionally, the Grocery Cost Index in East Tawas is 90 versus 100 in the US, making it even more economical to call this place home. \nEast Tawas offers its residents a variety of services and amenities such as the local grocery store Eby's Food Center which has been serving the community since 1950. Other local businesses include Ace Hardware where you can find all your home improvement needs, and EZ Mart for convenience items. There are also places to shop including Stone Soup Books & Gifts for books and gifts, Rods Sport Shop for sporting goods and D&G Auto Parts for car parts and accessories. Finally there are plenty of outdoor activities available such as fishing on Lake Huron or golfing at Hawks Eye Golf Course.

East Tawas (zip 48730) has an unemployment rate of 7.5%. The US average is 6.0%.

East Tawas (zip 48730) 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 (zip 48730)
- The Sales Tax Rate for East Tawas (zip 48730) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for East Tawas (zip 48730) 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 (zip 48730)
- The average income of a East Tawas (zip 48730) resident is $29,560 a year. The US average is $28,555 a year.
- The Median household income of a East Tawas (zip 48730) resident is $47,816 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Tawas, MichiganUnited States
  7.56
  -5.3%-6.2%
  23.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $31,991$37,638
  $47,816$69,021
  $61,210$85,028
  Population by Occupation
  0.9%1.2%
  0.2%0.5%
  1.8%6.8%
  13.6%10.0%
  1.2%2.5%
  12.2%11.0%
  8.5%4.8%
  0.8%0.8%
  0.0%1.9%
  4.3%4.7%
  0.0%1.9%
  3.8%7.6%
  0.0%0.1%
  1.4%4.2%
  7.8%9.3%
  20.2%14.0%
  0.6%2.1%
  10.8%7.0%
  8.6%4.8%
  3.3%4.7%
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