United States › Michigan › Dollar Bay CITY
Dollar Bay Michigan · 1,049 residents · 3.94 sq mi
Time machine
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The short version
Dollar Bay is a city of 1,049 people in Michigan. 89% of homes are owner-occupied. The median age is 31.3, younger than the US median of 38.9. 23% of adults hold a bachelor's degree, below the 36% national rate. The foreign-born share is 1%. Median home value sits at $153,100.
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 from 272 / sq mi in 2023
US average: 281
from 31.2 in 2023
US average: 38.9
Population, 2010 – 2024
740 869 998 1K 1K 2010 2020 2024 Dollar Bay Age distribution, 2024
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02
Income & economy $61,250
−6%inflation adjusted, since 2023
from $63,500 in 2023
US average: $82,259
from $34,893 in 2023
US average: $44,673
Households earning $100K+
from 37.6% in 2023
US average: 53.3%
from 12.5% in 2023
US average: 12.5%
from 0.536 in 2023
US average: 0.476
Workforce by industry, 2024
Public administration 6.1%
Education & health services 2.8%
Professional, scientific, technical 1.4%
Agriculture, forestry, fishing 0%
Transportation & warehousing 0%
Arts, entertainment, food 0%
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$153,100
−24%inflation adjusted, since 2023
from $196,200 in 2023
US average: $376,019
$825
Unchangedinflation adjusted, since 2023
from $800 in 2023
US average: $1,442
from 87.3% in 2023
10.6% rent
from 17.9% in 2023
US average: 10.0%
from 2.96 people in 2023
US average: 2.54
from 10.4% in 2023
US average: 22.9%
from 21.7% in 2023
US average: 47.4%
from 3.1 in 2023
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Our index, 0 to 100. Higher means faster recent growth in incomes, home values, and college degrees.
Section 04
Race & ethnicity 2023
White, non-Hispanic 95.7%(1,024)
2024
White, non-Hispanic 96.6%(1,013)
from 10 in 2023
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Section 04 · Origins
Detailed origins & ancestry Ancestry
+ 6 more ancestry groups with data from 22.1% in 2023
US average: 35.6%
High school or higher
from 96.2% in 2023
US average: 89.6%
from 5.5% in 2023
US average: 14.0%
Section 06
Commute & transportation from 18.8 min in 2023
US average: 26.5
from 86.4% in 2023
US average: 68.9%
from 5.5% in 2023
US average: 8.5%
from 0.0% in 2023
US average: 3.2%
from 5.3% in 2023
US average: 15.0%
from 2.8% in 2023
US average: 2.4%
from 0.0% in 2023
US average: 0.4%
from 4.1% in 2023
US average: 8.3%
Section 07
Work & employment from 1.6% in 2023
US average: 5.2%
from 60.4% in 2023
US average: 63.5%
Women 20-64 in the labor force
US average: 74.6%
from 10.7% in 2023
US average: 13.1%
from 36.8% in 2023
US average: 42.5%
Section 08
People & community from 1.0% in 2023
US average: 14.1%
from 7.3% in 2023
US average: 6.2%
from 9.9% in 2023
US average: 13.3%
from 2.6% in 2023
US average: 8.4%
from 89.8% in 2023
US average: 91.0%
Computer in household
US average: 95.5%
from 99.7% in 2023
US average: 77.7%
from 0.0% in 2023
US average: 13.6%
Marital status
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage from 2.6% in 2023
US average: 8.4%
Direct-purchase
US average: 13.8%
VA health care
US average: 2.2%
Any private
US average: 67.1%
Any public
US average: 36.7%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2024
Gulf War (2001 or later) 34%(18)
Share of the 53 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
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Drill deeper
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%
Population 8,560 +716%
SEE FULL COMPARISON →
DOLLAR BAY VS
Marquette
Income $55,613 −9%
Home value $274,700 +79%
Population 21,944 +1992%
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DOLLAR BAY VS
Rhinelander
Income $51,421 −16%
Home value $125,700 −18%
Population 8,242 +686%
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DOLLAR BAY VS
Escanaba
Income $45,369 −26%
Home value $125,200 −18%
Population 12,257 +1068%
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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.
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