Tawas Township (Iosco County) — Financial Data

1,477 Population FY 2023

Beta: source-backed tax context only. This is not a personalized tax-burden estimate.

Current source-backed tax context for Michigan and Tawas Township (Iosco County).

Component	Summary	Effective	Coverage	Sources
MI state individual income tax	Michigan individual income tax rate is 4.25% for tax year 2026.	Tax year 2026 (notice dated April 15, 2026).	Rate missing	Michigan 4.25% income tax rate notice (2026)
MI sales and use tax (base)	Michigan sales tax rate is 6%, and Michigan does not allow city or local units to impose sales tax.	Current Michigan Treasury guidance (as accessed April 19, 2026).	Rate missing	Michigan sales and use taxes
MI property tax policy (local millage system)	Michigan property taxes are based on local millage rates and include state-level components such as the State Education Tax.	Current Michigan Treasury guidance (as accessed April 19, 2026).	Needs review	Michigan property tax estimator and millage rates; Michigan property tax overview

Community Profile

Census Bureau ACS 5-year estimates

8.3% Poverty Rate 2023

20.1% Bachelor's+ Rate 2023

3.2% Unemployment Rate 2023

93.6% Homeownership Rate 2023

Median Household Income

$57,625 (2023)

2010 2023

Per Capita Income

$32,089 (2023)

2010 2023

Median Home Value

$151,700 (2023)

2010 2023

Median Gross Rent

$950 (2023)

2010 2023

Median Age

50.3 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.4 (2023)

2010 2023

Financial Documents (13)

Year	Title	Type
2023	Tawas Township (Iosco County) Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2022	Tawas Township (Iosco County) Census ACS 5-Year Estimates 2022	US_CENSUS_ACS5
2021	Tawas Township (Iosco County) Census ACS 5-Year Estimates 2021	US_CENSUS_ACS5
2019	Tawas Township (Iosco County) Census ACS 5-Year Estimates 2019	US_CENSUS_ACS5
2018	Tawas Township (Iosco County) Census ACS 5-Year Estimates 2018	US_CENSUS_ACS5

Governance & Structure

Governance Structure

School Details

Not applicable for this entity type.