The Island's permanent population is currently 700, made up of young families, retirees, tradesmen and professionals, just as in other communities. Although farming and commercial fishing no longer dominate the Island economy as they once did, both industries still contribute. Fish are shipped to city markets regularly.
Tourism is the main industry.
Realty offices, island contractors, motels, shops and many other retail businesses serve Islanders and the influx of year around visitors. Summertime, though, brings the greatest number of visitors, swelling the Island population to an estimated several thousand. This includes many summer home owners, boaters, small plane owners, and the many Island guests staying in overnight lodging or campgrounds. Regular, daily ferry service, marinas, and a local airport enable Washington Island, part of Washington Township, to be a vacation destination for many. A brief visit often turns into a love affair which is lifelong, and results in new residents.