Dollar Settlement, MI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Dollar Settlement, MI: Quick Facts & Overview
- Population: 3,116 residents (14 people per sq. mi.)
- Average House Price: $157,348
- Average Household Income: $63,494
Dollar Settlement, MI is located in the state of Michigan. It is home to about 3,116 people, with around 14 residents living in every square mile.
If you want to buy a house in Dollar Settlement, the average price is around $157,348. That makes local housing 29% lower than the Michigan average of $221,733, and 49% lower than the national average of $308,592.
The average household in Dollar Settlement earns about $63,494 a year. This income is 13% lower than the average family in Michigan ($73,374), and 19% lower than the national average ($78,686).
Population
3,116
Median Household Income
$63,494
Median Home Value
$157,348
Median Age
43.2 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $35,511 |
| Labor Force Participation | 58.9% |
| Unemployment Rate | 4.9% |
| Average Commute Time | 18.6 mins |
Housing & Community Metrics
| Home Ownership Rate | 86.6% |
| Median Rent | $609 |
| Rent Burdened (>30% Income) | 15.7% |
| Total Housing Units | 1,355 |
Additional Census & Housing Profile
Geographic Overview
| County | Chippewa |
| County FIPS | 26033 |
| Metro Area (CBSA) | Sault Ste. Marie, MI |
| Population Density | 13.9/sq mi |
| Coordinates (lat/lng) | 46.4617, -84.7392 |
| Timezone | America/Detroit |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.86 |
| Dual Income Families | 49.6% |
Marital Status
| Married | 46.9% |
| Never Married | 32.2% |
| Divorced | 13.1% |
| Widowed | 7.7% |
Gender
| Male | 49.4% |
| Female | 50.6% |
Health & Poverty
| Uninsured Rate (Health) | 5.3% |
| Poverty Rate | 12.6% |
Key Population Groups
| Veterans | 9.7% |
| Disabled Population | 18.2% |
| Limited English Proficiency | 2.5% |
All ZIP Codes in Dollar Settlement
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 49715 | 3,116 | $63,494 | $157,348 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Brimley, MI | 8.6 miles | 345 |
| Sault Ste. Marie, MI | 17.5 miles | 13,335 |
| Kincheloe, MI | 18.9 miles | 2,524 |
| Newberry, MI | 37.5 miles | 1,329 |
| St. Ignace, MI | 40.9 miles | 2,463 |
| Mackinac Island, MI | 42 miles | 561 |
| Naubinway, MI | 42.6 miles | 103 |
| Mackinaw City, MI | 47.4 miles | 778 |