CensusEasy
CITY

Dollar Bay

Michigan · 1,049 residents · 3.935 sq mi
Time machine
COMPARE TO
Part of the Houghton micropolitan area
Compare
The short version

Dollar Bay has notably lower household income than the US average, with a median household income of $61,250. Population has held roughly steady since 2023. 23% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $153,100. At a median age of 31.3, residents skew younger than the country as a whole.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 31.3
US median: 38.9
Less educated
23% hold a bachelor's degree
US average: 36%
More affordable
home values down 24%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,049
−2%since 2023
from 1,070 in 2023
2010 – 2024
Population density
267 / sq mi
−2%since 2023
from 272 / sq mi in 2023
US average: 281
Median age
31.3
Unchangedsince 2023
from 31.2 in 2023
US average: 38.9
Population, 2010 – 2024
7408699981K1K201020202024Dollar Bay
20241K
201020202024
Section 02

Income & economy

Median household income
$61,250
−6%inflation adjusted, since 2023
from $63,500 in 2023
US average: $82,259
2010 – 2024
Per capita income
$34,085
−2%since 2023
from $34,893 in 2023
US average: $44,673
Households earning $100K+
36.2%
−1.4 ptssince 2023
from 37.6% in 2023
US average: 53.3%
Poverty rate
13.5%
+1.0 ptssince 2023
from 12.5% in 2023
US average: 12.5%
Income inequality (Gini)
0.552
+3%since 2023
from 0.536 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade14.4%
US avg: 9.9%
Wholesale trade12.8%
US avg: 6.9%
Information12.1%
US avg: 10.8%
Other services6.6%
US avg: 6.7%
Public administration6.1%
US avg: 4.8%
Finance & insurance4.3%
US avg: 5.9%
Education & health services2.8%
US avg: 0.9%
Professional, scientific, technical1.4%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$153,100
−24%inflation adjusted, since 2023
from $196,200 in 2023
US average: $376,019
2010 – 2024
Median gross rent
$825
Unchangedinflation adjusted, since 2023
from $800 in 2023
US average: $1,442
Owner-occupied
89.4%
+2.1 ptssince 2023
from 87.3% in 2023
10.6% rent
Vacancy rate
18.3%
+0.3 ptssince 2023
from 17.9% in 2023
US average: 10.0%
Owner cost-burdened
10.4%
Unchangedsince 2023
from 10.4% in 2023
US average: 22.9%
Renter cost-burdened
57.5%
+35.8 ptssince 2023
from 21.7% in 2023
US average: 47.4%
Afford Score
2.5
−19%since 2023
from 3.1 in 2023
2010 – 2024
Gentrification Score
52
RELATED:See current rent listings in Dollar Bay on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic95.7%(1,024)
Black1.1%(12)
Hispanic / Latino1%(11)
Asian0%(0)
Other2.1%(23)
Diversity Score10.4%(112)
2024
White, non-Hispanic96.6%(1,013)
Black0.4%(4)
Hispanic / Latino0%(0)
Asian0%(0)
Other3.1%(32)
Diversity Score8.3%(87)
Diversity Score
8
−20%since 2023
from 10 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
23.1%
+1.1 ptssince 2023
from 22.1% in 2023
US average: 35.6%
High school or higher
94.9%
−1.3 ptssince 2023
from 96.2% in 2023
US average: 89.6%
Graduate degree
6.1%
+0.6 ptssince 2023
from 5.5% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
17.4 min
−7%since 2023
from 18.8 min in 2023
US average: 26.5
Drive alone to work
80.5%
−5.9 ptssince 2023
from 86.4% in 2023
US average: 68.9%
Carpooled to work
8.6%
+3.0 ptssince 2023
from 5.5% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
5.7%
+0.4 ptssince 2023
from 5.3% in 2023
US average: 15.0%
Walked to work
5.2%
+2.5 ptssince 2023
from 2.8% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
7.2%
+3.0 ptssince 2023
from 4.1% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.4%
−0.2 ptssince 2023
from 1.6% in 2023
US average: 5.2%
Labor force participation
59.5%
−0.9 ptssince 2023
from 60.4% in 2023
US average: 63.5%
Self-employed
12.5%
+1.8 ptssince 2023
from 10.7% in 2023
US average: 13.1%
Management & professional
37.4%
+0.6 ptssince 2023
from 36.8% in 2023
US average: 42.5%
Section 08

People & community

Male
53.5%
−1.4 ptssince 2023
from 54.9% in 2023
Female
46.5%
+1.4 ptssince 2023
from 45.1% in 2023
Foreign born
0.6%
−0.5 ptssince 2023
from 1.0% in 2023
US average: 14.1%
Veterans
7.5%
+0.2 ptssince 2023
from 7.3% in 2023
US average: 6.2%
With a disability
12.8%
+2.9 ptssince 2023
from 9.9% in 2023
US average: 13.3%
Uninsured
3.6%
+1.0 ptssince 2023
from 2.6% in 2023
US average: 8.4%
Broadband at home
87.0%
−2.8 ptssince 2023
from 89.8% in 2023
US average: 91.0%
English only at home
99.5%
−0.2 ptssince 2023
from 99.7% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

Places similar to Dollar Bay

Dagsboro
Pop 983
Five Points
Pop 1,097
Newport
Pop 906
Weeki Wachee Gardens
Pop 1,068
Places similar to Dollar Bay
Head to head

Compare Dollar Bay to nearby cities

DOLLAR BAY VS
Houghton
Income$43,456−29%
Home value$254,500+66%
Population8,560+716%
SEE FULL COMPARISON →
DOLLAR BAY VS
Marquette
Income$55,613−9%
Home value$274,700+79%
Population21,944+1992%
SEE FULL COMPARISON →
DOLLAR BAY VS
Rhinelander
Income$51,421−16%
Home value$125,700−18%
Population8,242+686%
SEE FULL COMPARISON →
DOLLAR BAY VS
Escanaba
Income$45,369−26%
Home value$125,200−18%
Population12,257+1068%
SEE FULL COMPARISON →
Frequently asked

How many people live in Dollar Bay, Michigan?

Dollar Bay, Michigan has about 1,049 residents according to the 2024 American Community Survey.

What is the median household income in Dollar Bay, Michigan?

The typical household in Dollar Bay, Michigan earns about $61,250 a year. Half of households make more than that, and half make less.

Is Dollar Bay, Michigan expensive?

In Dollar Bay, Michigan, the median home is worth about $153,100, and the typical rent is about $825 a month.

How educated are people in Dollar Bay, Michigan?

About 23.1% of adults age 25 and over in Dollar Bay, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Dollar Bay, Michigan?

About 13.5% of people in Dollar Bay, Michigan live below the federal poverty line.

Keep going

Explore from here

Up the hierarchy
Michigan
Rankings
Highest income citiesFastest growing citiesMost educated cities
Compare
Compare Dollar Bay with another place

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Dollar Bay, Michigan: demographics, income & housing data · CensusEasy