Iron River
Iron River has notably lower household income than the US average, with a median household income of $26,306. The city has grown rapidly, with population up 57% since 2000. 13% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value has risen by half since 2000, reaching $63,600. With a median age of 47.6, the population is older than the US median of 37.2. Households here earn about 46% less than the Michigan median.
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How many people live in Iron River, Michigan?
Iron River, Michigan has about 3,029 residents according to the 2010 American Community Survey.
What is the median household income in Iron River, Michigan?
The typical household in Iron River, Michigan earns about $26,306 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 $63,600, and the typical rent is about $392 a month.
How educated are people in Iron River, Michigan?
About 12.8% 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 20.1% 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 934 residents, a change of about 45 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024