Tawas City, MI Profile: Facts & Data

The primary coordinate point for Tawas City is located at latitude 44.2695 and longitude -83.5147 in Iosco County. The formal boundaries for the City of Tawas City encompass a land area of 1.72 sq. miles and a water area of 0.42 sq. miles. Iosco County is in the Eastern time zone (GMT -5).

The City of Tawas City has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Tawas City, MI Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,788 (100%)
Population in Households	1,692 (94.6%)
Population in Families	1,212 (67.8%)
Population in Group Quarters¹	96 ( 5.4%)
Population Density	1,052
Diversity Index²	19


INCOME
Median Household Income	$56,687
Average Household Income	$76,739
% of Income for Mortgage⁴	17%
Per Capita Income	$34,830
Wealth Index⁵	62
Socioeconomic Status Index⁶	Moderate (50.8)

HOUSING
Total HU (Housing Units)	999 (100%)
Owner Occupied HU	613 (61.4%)
Renter Occupied HU	196 (19.6%)
Vacant Housing Units	190 (19.0%)
Median Home Value	$157,432
Average Home Value	$189,029
Housing Affordability Index³	140

HOUSEHOLDS
Total Households	809
Average Household Size	2.09
Family Households	457
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Tawas City, MI - Peer Comparisons by Rank and Percentile

The table below compares Tawas City to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.60%	-0.45%
Households	0.92%	0.39%
Families		-0.67%
Median Household Income		1.71%
Per Capita Income		3.02%
Owner Occupied HU		0.93%

Variable Description	Rank	Percentile
Total Population	# 322	57th
Population Density	# 315	58th
Median Household Income	# 502	33rd
Housing Affordability Index	# 522	70th
Per Capita Income	# 393	47th
Diversity Index	# 515	31st

Tawas City, MI Profile: Facts & Data

Tawas City, Michigan - Basic Facts

Tawas City, MI Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Tawas City, MI - Peer Comparisons by Rank and Percentile

Tawas City, MI - Most Popular Things to Do

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