Economy & Jobs — Tower, Michigan
Income & Employment
| Median Household Income (Census) | $56,250 |
|---|
| Estimated 2026 | ~$48,000 |
|---|
| Per Capita Income | $20,647 |
|---|
| Poverty Rate | 30.5% |
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| Unemployment Rate | 9.4% |
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| In Labor Force | 105 |
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Top Industries
| Industry | Share |
|---|
| Arts Food | 36.8% |
| Manufacturing | 30.4% |
| Transportation | 9.6% |
Local Businesses (County)
| Type | Count |
|---|
| Hotels Motels | 43 |
| Full Service Restaurants | 40 |
| Fast Food | 15 |
| Coffee Shops | 14 |
| Auto Repair | 12 |
| Law Offices | 12 |
| Gas Stations | 11 |
| Real Estate Offices | 10 |
| Insurance Agencies | 10 |
| Beauty Salons | 9 |
| Commercial Banks | 9 |
| Physician Offices | 9 |
| Grocery Stores | 8 |
| Bars | 8 |
| Liquor Stores | 6 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
