The village economy is dominated by
commercial fishing and seasonal tourism. There is also some small-scale farming. In the middle of the 20th century, unsuccessful attempts were made to develop
silkworm farming. Many tourists come for sports fishing and
scuba diving. Its white sandy beaches make it an excellent place to swim in summer, since it receives considerably fewer visitors than the other islands in the Izu chain. There are many hiking courses around Kōzu-shima's volcano, Tenjō-san, which dominates the center of the island. However, winter visits are discouraged, cancellation of flights and ferries due to inclement weather can strand visitors. The island is also noted for its local
Shōchū. ==Transportation==