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Area data

Tawas City, MI — ZIP 48763

Population: 4,883 (Census ACS)

The median home value in ZIP 48763 (Tawas City, MI) is $208,656 — up 7.9% over the past year. Homes sell for a median $199,500 after a median 60 days on market. 6 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with coldwave, lightning, strongwind the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$208,656

Median home value

+7.9%

1-year change

60

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$208,656
1-year appreciation
+7.9%
3-year appreciation
+10.0%
5-year appreciation
+27.9%
10-year appreciation
+96.7%
All-time peak (2026-08)
$208,656
House Price Index (state)
400.5 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$199,500
Median list price
$239,000
Median price per sqft
$149
1-year sale-price change
-23.3%
Median days on market
60 days
Homes sold (recent period)
21
For-sale inventory
31
Sale-to-list ratio
93.3%
Active listings
31
New listings (monthly)
11

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$894/mo
1BR fair-market rent
$916/mo
2BR fair-market rent
$1,014/mo
3BR fair-market rent
$1,404/mo
4BR fair-market rent
$1,695/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
6
Elementary schools
1
Middle schools
1
High schools
3
Charter schools
1
Avg student-teacher ratio
17.3 : 1
School districts serving the area
Alternative Educational Academy of Iosco County, Tawas Area Schools, Iosco RESA
Schools include
Alternative Educational Academy of Iosco County, Tawas Area High School, Tawas Area Middle School, Clara B Bolen Elementary School, Iosco RESA Special Education

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
coldWave, lightning, strongWind, winterWeather
Notable hazard ratings (county)
hail: Relatively Low · tornado: Relatively Low · coldWave: Relatively Moderate · lightning: Relatively Moderate · strongWind: Relatively Moderate · winterWeather: Relatively Moderate
Wildfire risk to homes (county)
Higher than 46% of US counties
Buildings in wildfire direct-exposure zone
65.4%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Hedblum Industries (18.8 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
46.0°F
Average high
55.0°F
Average low
37.0°F
Annual precipitation
30.7 in
USDA plant hardiness zone
5b (extreme annual low -15 to -10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
7
Nearest airport
The Farm Airport (4 mi)
Hospitals nearby (~15 mi)
4
Hospitals include
MYMICHIGAN MEDICAL CENTER WEST BRANCH, TAWAS ST JOSEPH HOSPITAL, SAINT MARY'S STANDISH COMMUNITY HOSPITAL
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+144 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,973
Housing built before 1970
45.2%
Housing built 2000 or later
15.1%
Median annual property tax
$1,567
Mean commute to work
19 min
Households with broadband internet
60.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
6,154
Average weekly wage
$1,211
Top industries (by employment)
Accommodation & Food, Construction, Other Services
Annual residential building permits (county)
47

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 48763State medianUS median
Median home value$208,656$242,800$288,527
Median sale price$199,500$265,000$325,000
Median days on market60 days36 days51 days
Median annual property tax$1,567$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 48763?
$208,656.
What is the median sale price in ZIP 48763?
$199,500.
How long do homes take to sell in ZIP 48763?
Median days on market: 60 days.
What is typical rent in ZIP 48763?
2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 48763?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: coldWave, lightning, strongWind, winterWeather.
What is the wildfire risk in ZIP 48763?
Risk to homes is higher than 46% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 48763?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 48763?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 48763?
6 schools (1 elementary, 1 middle, 3 high) (NCES, 2022-23).
What is the cost of living in ZIP 48763?
Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

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