Iron River, MI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Iron River, MI: Quick Facts & Overview
- Population: 3,002 residents (172 people per sq. mi.)
- Average House Price: $88,305
- Average Household Income: $54,183
Iron River, MI is located in the state of Michigan. It is home to about 3,002 people, with around 172 residents living in every square mile.
If you want to buy a house in Iron River, the average price is around $88,305. That makes local housing 60% lower than the Michigan average of $221,733, and 71% lower than the national average of $308,592.
The average household in Iron River earns about $54,183 a year. This income is 26% lower than the average family in Michigan ($73,374), and 31% lower than the national average ($78,686).
Population
3,002
Median Household Income
$54,183
Median Home Value
$88,305
Median Age
43.1 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $31,449 |
| Labor Force Participation | 56.5% |
| Unemployment Rate | 4.7% |
| Average Commute Time | 11.3 mins |
Housing & Community Metrics
| Home Ownership Rate | 70.0% |
| Median Rent | $486 |
| Rent Burdened (>30% Income) | 18.6% |
| Total Housing Units | 1,314 |
Additional Census & Housing Profile
Geographic Overview
| County | Iron |
| County FIPS | 26071 |
| Metro Area (CBSA) | - |
| Population Density | 172.1/sq mi |
| Coordinates (lat/lng) | 46.0966, -88.6396 |
| Timezone | America/Menominee |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.92 |
| Dual Income Families | 45.8% |
Marital Status
| Married | 41.8% |
| Never Married | 33.6% |
| Divorced | 18.1% |
| Widowed | 6.5% |
Gender
| Male | 47.8% |
| Female | 52.2% |
Health & Poverty
| Uninsured Rate (Health) | 6.8% |
| Poverty Rate | 20.6% |
Key Population Groups
| Veterans | 7.9% |
| Disabled Population | 21.9% |
| Limited English Proficiency | - |
All ZIP Codes in Iron River
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Caspian, MI | 2.3 miles | 600 |
| Gaastra, MI | 3.3 miles | 296 |
| Amasa, MI | 12.6 miles | 253 |
| Alpha, MI | 13.1 miles | 215 |
| Crystal Falls, MI | 15 miles | 1,719 |
| Florence, WI | 22.2 miles | 488 |
| Watersmeet, MI | 29.6 miles | 250 |
| Covington, MI | 30.8 miles | 112 |
| Eagle River, WI | 31.9 miles | 1,528 |
| Three Lakes, WI | 32.5 miles | 410 |
| Kingsford, MI | 32.8 miles | 5,124 |
| Iron Mountain, MI | 33.5 miles | 7,518 |
| Goodman, WI | 35.5 miles | 170 |
| Quinnesec, MI | 37 miles | 892 |
| Laona, WI | 37.1 miles | 631 |
| Three Lakes, MI | 37.4 miles | 172 |
| Republic, MI | 37.6 miles | 519 |
| Niagara, WI | 37.8 miles | 1,464 |
| Crandon, WI | 38.5 miles | 1,365 |
| Bruce Crossing, MI | 39.9 miles | 257 |
| Norway, MI | 40.4 miles | 2,833 |
| Michigamme, MI | 40.9 miles | 229 |
| Ewen, MI | 43.1 miles | 281 |
| Sayner, WI | 43.5 miles | 213 |
| Pembine, WI | 44.5 miles | 269 |
| Mole Lake, WI | 45.3 miles | 533 |
| Wabeno, WI | 45.4 miles | 269 |
| L'Anse, MI | 46.2 miles | 1,790 |
| Baraga, MI | 47.5 miles | 1,939 |
| Boulder Junction, WI | 48.4 miles | 193 |
| Zeba, MI | 49.3 miles | 342 |
| Rhinelander, WI | 49.5 miles | 8,316 |
| Lake Tomahawk, WI | 49.6 miles | 190 |
| Post Lake, WI | 50.6 miles | 331 |
| Mass City, MI | 50.6 miles | 299 |