Dollar Bay, MI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Dollar Bay, MI: Quick Facts & Overview
- Population: 1,049 residents (103 people per sq. mi.)
- Average House Price: $148,335
- Average Household Income: $61,250
Dollar Bay, MI is located in the state of Michigan. It is home to about 1,049 people, with around 103 residents living in every square mile.
If you want to buy a house in Dollar Bay, the average price is around $148,335. That makes local housing 33% lower than the Michigan average of $221,733, and 52% lower than the national average of $308,592.
The average household in Dollar Bay earns about $61,250 a year. This income is 17% lower than the average family in Michigan ($73,374), and 22% lower than the national average ($78,686).
Population
1,049
Median Household Income
$61,250
Median Home Value
$148,335
Median Age
31.3 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $31,375 |
| Labor Force Participation | 59.5% |
| Unemployment Rate | 1.4% |
| Average Commute Time | 17.4 mins |
Housing & Community Metrics
| Home Ownership Rate | 89.4% |
| Median Rent | $825 |
| Rent Burdened (>30% Income) | 29.3% |
| Total Housing Units | 376 |
Additional Census & Housing Profile
Geographic Overview
| County | Houghton |
| County FIPS | 26061 |
| Metro Area (CBSA) | Houghton, MI |
| Population Density | 102.9/sq mi |
| Coordinates (lat/lng) | 47.1272, -88.5091 |
| Timezone | America/Detroit |
| National Ranking | 3 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.30 |
| Dual Income Families | 51.1% |
Marital Status
| Married | 63.6% |
| Never Married | 25.6% |
| Divorced | 7.5% |
| Widowed | 3.3% |
Gender
| Male | 53.5% |
| Female | 46.5% |
Health & Poverty
| Uninsured Rate (Health) | 3.6% |
| Poverty Rate | 13.5% |
Key Population Groups
| Veterans | 7.5% |
| Disabled Population | 12.8% |
| Limited English Proficiency | - |
All ZIP Codes in Dollar Bay
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Houghton, MI | 2.9 miles | 8,474 |
| Hurontown, MI | 3.3 miles | 134 |
| Hancock, MI | 4.2 miles | 4,574 |
| Dodgeville, MI | 4.3 miles | 409 |
| Hubbell, MI | 4.9 miles | 881 |
| Atlantic Mine, MI | 5.8 miles | 491 |
| Lake Linden, MI | 6.7 miles | 1,020 |
| Chassell, MI | 6.7 miles | 899 |
| South Range, MI | 7.5 miles | 482 |
| Laurium, MI | 8.2 miles | 1,509 |
| Trimountain, MI | 8.6 miles | 196 |
| Calumet, MI | 8.7 miles | 645 |
| Painesdale, MI | 9.6 miles | 416 |
| Copper City, MI | 12.3 miles | 253 |
| Mohawk, MI | 14.4 miles | 264 |
| Skanee, MI | 22.4 miles | 116 |
| Zeba, MI | 23.5 miles | 342 |
| Baraga, MI | 24.2 miles | 1,939 |
| L'Anse, MI | 26 miles | 1,790 |
| Eagle Harbor, MI | 28 miles | 110 |
| Mass City, MI | 37.1 miles | 299 |
| Copper Harbor, MI | 37.9 miles | 163 |
| Covington, MI | 40.7 miles | 112 |
| Rockland, MI | 41.5 miles | 246 |
| Ontonagon, MI | 41.9 miles | 1,355 |
| Three Lakes, MI | 43.2 miles | 172 |
| Big Bay, MI | 43.9 miles | 306 |
| Michigamme, MI | 46.1 miles | 229 |