Iron River
Iron River has notably lower household income than the US average, with a median household income of $54,183. The city has grown rapidly, with population up 56% since 2000. 21% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $85,000. The poverty rate of 20.6% is well above the national figure. Households here earn about 26% less than the Michigan median.
Population & growth
PEP 2025 EST:3,027 residents (Census Bureau Vintage 2025, released March 2026)
Income & economy
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Race & ethnicity
Education
Commute & transportation
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People & community
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How many people live in Iron River, Michigan?
Iron River, Michigan has about 3,002 residents according to the 2024 American Community Survey.
What is the median household income in Iron River, Michigan?
The typical household in Iron River, Michigan earns about $54,183 a year. Half of households make more than that, and half make less.
Is Iron River, Michigan expensive?
In Iron River, Michigan, the median home is worth about $85,000, and the typical rent is about $486 a month.
How educated are people in Iron River, Michigan?
About 20.6% of adults age 25 and over in Iron River, Michigan hold a bachelor's degree or higher.
What is the poverty rate in Iron River, Michigan?
About 20.6% of people in Iron River, Michigan live below the federal poverty line.
Has Iron River, Michigan grown since 1990?
Yes, Iron River, Michigan has grown since 1990. The population has added about 907 residents, a change of about 43 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024