Tower, MI
Population 271 · Michigan
About Tower, MI
Tower is a small community in Michigan with a population of 271 residents. The median household income is $42,167 per year, which is below the national average. The median age in Tower is 55.3 years.
Housing in Tower has a median home value of $91,500 and median monthly rent of $917. Of the 176 total housing units, the majority are owner-occupied, with 62 owner-occupied and 36 renter-occupied units.
The unemployment rate in Tower is 11.4% and the poverty rate is 23.2%. 11.4% of residents hold a bachelor's degree or higher. The average commute time is 25.5 minutes.
Cost of Living in Tower, MI
Compared to national averages, Tower has a median household income of $42,167 (44% below the national median of $75,149). Home values average $91,500, which is 63% below the national median. Monthly rent at $917 is 21% below the US average of $1,163. Within Michigan, Tower's income is 36% below the state average of $66,017, and home values are 50% below the state median of $183,391.
Why Live in Tower, MI?
Tower offers affordable housing with a median home value of $91,500, below the US average of $244,900, and rent that’s lower than the national average at $917/month.
Potential considerations include median household income ($42,167) that falls below the national average. However, Tower’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Tower has a population of 271 with a median age of 55.3 years. Compare Tower with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Tower
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Snover | 273 | $46,667 | $95,000 | Compare |
| Watersmeet | 273 | $60,708 | $68,500 | Compare |
| Wedgewood | 273 | $133,125 | $300,000 | Compare |
| Bruce Crossing | 266 | $70,417 | $105,100 | Compare |
| Bear Lake | 265 | $54,886 | $126,400 | Compare |
| Lake Angelus | 277 | $212,368 | $1,150,000 | Compare |
| Copemish | 279 | $48,333 | $78,500 | Compare |
| Jennings | 263 | $41,055 | $88,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Tower
What is the population of Tower, MI?
The population of Tower, MI is 271 according to the latest Census data.
What is the median household income in Tower?
The median household income in Tower, MI is $42,167 per year.
What is the median home value in Tower?
The median home value in Tower, MI is $91,500.
What is the average rent in Tower?
The median monthly rent in Tower, MI is $917.
What is the unemployment rate in Tower?
The unemployment rate in Tower, MI is 11.4%.