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Tawas City, MI
Full City Profile · Michigan · Iosco County County
3.0
/5.0
B
Good
1,654
Population
973/sq mi density
$46,797
Median Income
$28,533 per capita
$124,000
Home Value
$194,982 Zillow
$810
Median Rent
31.7% income on rent
46°F
Avg Temperature
270 sunny days/yr
179
Violent Crime/100K
1,543 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$46,797 median income, 5.3% unemployment
A+
Affordability
5.0 / 5.0
$124,000 home value, $810/mo rent
F
Safety
1.0 / 5.0
179 violent crimes/100K
C+
Education
2.6 / 5.0
19.7% bachelor's degree or higher
Housing Overview
Median Home Value
$124,000
56% below
US avg: $281,900
Median Rent
$810/mo
30% below
US avg: $1,163/mo
Homeownership Rate
77.7%
19% above US avg (65.4%)
Total Housing Units
920
Median year built: 1968
Home Value by Source
Census Median
$124,000
Zillow (ZHVI)
$194,982
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.7%
Owner-Occupied
22.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$810/mo
Affordability & Housing Stock
Rent Burden
31.7%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
77.7%
Complete Housing Data
Home Values
| Census Median Value | $124,000 |
| Zillow Home Value (ZHVI) | $194,982 |
Rent
| Census Median Rent | $810 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 77.7% |
| Renter-Occupied | 22.3% |
| Homeownership Rate | 77.7% |
| Total Housing Units | 920 |
| Median Year Built | 1968 |
| Rent Burden | 31.7% |