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Tower, MI
Full City Profile · Michigan · Cheboygan County County
2.8
/5.0
C+
Fair
271
Population
502/sq mi density
$42,167
Median Income
$20,647 per capita
$91,500
Home Value
$194,492 Zillow
$917
Median Rent
26.9% income on rent
45°F
Avg Temperature
270 sunny days/yr
251
Violent Crime/100K
2,871 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$42,167 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$91,500 home value, $917/mo rent
F
Safety
1.0 / 5.0
251 violent crimes/100K
D
Education
1.9 / 5.0
11.4% bachelor's degree or higher
Income Overview
Median Household Income
$42,167
44% below
US avg: $75,149
Per Capita Income
$20,647
47% below
US avg: $39,052
Unemployment Rate
5.1%
42% above
US avg: 3.6%
Poverty Rate
11.1%
10% below
US avg: 12.4%
Income Comparison: Tower vs. U.S. Average
Each bar shows Tower’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$42,167
56%
Per Capita
US: $39,052
$20,647
53%
IRS Avg AGI
US: $72,000
$62,647
87%
Avg Weekly Wage
US: $1,432
$921
64%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$921
36% below US avg ($1,432)
Mean Commute Time
26 min
8% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
100.0%
37% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$912M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
100%
Public Transit
0%
Work From Home
0%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
825
Restaurants
130
Healthcare
62
Retail
128
Manufacturing
31
Tax & Financial
IRS Avg Adjusted Gross Income
$62,647
13% below US avg ($72,000)
Avg Property Tax
$5,886
68% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $42,167 |
| Per Capita Income | $20,647 |
| IRS Avg Adjusted Gross Income | $62,647 |
| Avg Weekly Wage | $921 |
| County GDP | $912M |
Hardship Indicators
| Unemployment Rate | 5.1% |
| Poverty Rate | 11.1% |
| Gini Coefficient | 0.429 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 100.0% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 825 |
| Restaurants | 130 |
| Healthcare | 62 |
| Retail | 128 |
| Manufacturing | 31 |
Tax
| IRS Avg AGI | $62,647 |
| Avg Property Tax | $5,886 |