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CITY · 2020 ACS

Iron River

Michigan · 3,007 residents · 6.736 sq mi
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The short version

Iron River has notably lower household income than the US average, with a median household income of $37,452. The city has grown rapidly, with population up 56% since 2000. 17% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $53,100. With a median age of 44.3, the population is older than the US median of 38.8. Households here earn about 37% less than the Michigan median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 44.3
US median: 38.8
Less educated
17% hold a bachelor's degree
US average: 33%
More affordable
home values down 16%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
3,007
+56%since 2000
from 1,929 in 2000
1990 – 2025
Population density
446 / sq mi
+56%since 2000
from 286 / sq mi in 2000
US average: 280
Median age
44.3
−5%since 2000
from 46.6 in 2000
US average: 38.8
Population, 1990 – 2024
2K2K3K3K3K1990201020202024Iron River
20243K
1990201020202024
Section 02

Income & economy

Median household income
$37,452
+6%inflation adjusted, since 2000
from $23,438 in 2000
US average: $66,278
1990 – 2024
Per capita income
$23,184
+47%since 2000
from $15,728 in 2000
US average: $35,364
Households earning $100K+
22.5%
+16.2 ptssince 2009
from 6.2% in 2009
US average: 43.9%
Poverty rate
17.5%
+5.6 ptssince 2000
from 11.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Information17.9%
US avg: 11.1%
Retail trade9.9%
US avg: 10%
Wholesale trade6.6%
US avg: 6.7%
Arts, entertainment, food5.5%
US avg: 2%
Transportation & warehousing3.3%
US avg: 2.5%
Finance & insurance3%
US avg: 5.5%
Other services2.3%
US avg: 6.6%
Professional, scientific, technical1.5%
US avg: 4.7%
Education & health services1.5%
US avg: 0.8%
Public administration0.7%
US avg: 4.7%
Agriculture, forestry, fishing0.4%
US avg: 1.7%
Construction0.4%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$53,100
−16%inflation adjusted, since 2000
from $42,300 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$494
−5%inflation adjusted, since 2000
from $345 in 2000
US average: $1,124
Owner-occupied
68.8%
−3.4 ptssince 2000
from 72.1% in 2000
31.2% rent
Afford Score
1.4
−21%since 2000
from 1.8 in 2000
1990 – 2024
RELATED:See current rent listings in Iron River on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.7%(1,827)
Black0.2%(3)
Hispanic / Latino0.8%(15)
Asian0.2%(4)
Other0%
Diversity Score2.9%(57)
2020
White, non-Hispanic91.3%(2,744)
Black0.2%(5)
Hispanic / Latino2.8%(83)
Asian0.3%(8)
Other1.5%(46)
Diversity Score11.8%(356)
Diversity Score
12
+302%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
16.5%
+2.9 ptssince 2000
from 13.7% in 2000
US average: 32.9%
High school or higher
91.6%
+8.1 ptssince 2000
from 83.5% in 2000
US average: 88.5%
Graduate degree
5.8%
+0.4 ptssince 2000
from 5.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
17.6 min
+40%since 2000
from 12.6 min in 2000
US average: 26.9
Drive alone to work
78.6%
−0.6 ptssince 2009
from 79.2% in 2009
US average: 75.1%
No vehicle available
9.6%
+2.8 ptssince 2009
from 6.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.0%
−1.5 ptssince 2011
from 5.5% in 2011
US average: 5.4%
Labor force participation
60.8%
+12.9 ptssince 2011
from 47.9% in 2011
US average: 63.4%
Management & professional
18.6%
−39.3 ptssince 2009
from 57.9% in 2009
US average: 39.3%
Section 08

People & community

Male
46.6%
−3.4 ptssince 2009
from 49.9% in 2009
Female
53.4%
+3.4 ptssince 2009
from 50.1% in 2009
Foreign born
0.3%
−1.0 ptssince 2009
from 1.3% in 2009
US average: 13.5%
Uninsured
10.1%
−75.2 ptssince 2013
from 85.3% in 2013
US average: 8.8%
Drill deeper

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Frequently asked

How many people live in Iron River, Michigan?

Iron River, Michigan has about 3,007 residents according to the 2020 American Community Survey.

What is the median household income in Iron River, Michigan?

The typical household in Iron River, Michigan earns about $37,452 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 $53,100, and the typical rent is about $494 a month.

How educated are people in Iron River, Michigan?

About 16.5% 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 17.5% 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 912 residents, a change of about 44 percent over that period.

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

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