Iron River
Iron River has notably lower household income than the US average, with a median household income of $23,438. Population has declined 8% since 1990. 14% of adults hold a bachelor's degree or higher, below the national rate of 24%. Median home value has risen by half since 1990, reaching $42,300. With a median age of 46.6, the population is older than the US median of 35.2. Households here earn about 48% less than the Michigan median.
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How many people live in Iron River, Michigan?
Iron River, Michigan has about 1,929 residents according to the 2000 Census.
What is the median household income in Iron River, Michigan?
The typical household in Iron River, Michigan earns about $23,438 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 $42,300, and the typical rent is about $345 a month.
How educated are people in Iron River, Michigan?
About 13.7% 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 11.9% of people in Iron River, Michigan live below the federal poverty line.
Has Iron River, Michigan grown since 1990?
Yes, Iron River, Michigan has shrunk since 1990. The population has lost about 166 residents, a change of about -8 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024