All Countries
Bessemer, MI
Full City Profile · Michigan · Iron County County
3.1
/5.0
B
Good
1,778
Population
323/sq mi density
$50,792
Median Income
$28,189 per capita
$76,100
Home Value
$103,735 Zillow
$504
Median Rent
25.0% income on rent
40°F
Avg Temperature
253 sunny days/yr
156
Violent Crime/100K
1,811 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$50,792 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$76,100 home value, $504/mo rent
F
Safety
1.0 / 5.0
156 violent crimes/100K
C+
Education
2.6 / 5.0
19.9% bachelor's degree or higher
Income Overview
Median Household Income
$50,792
32% below
US avg: $75,149
Per Capita Income
$28,189
28% below
US avg: $39,052
Unemployment Rate
2.6%
28% below
US avg: 3.6%
Poverty Rate
10.0%
19% below
US avg: 12.4%
Income Comparison: Bessemer vs. U.S. Average
Each bar shows Bessemer’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$50,792
68%
Per Capita
US: $39,052
$28,189
72%
IRS Avg AGI
US: $72,000
$60,358
84%
Avg Weekly Wage
US: $1,432
$779
54%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$779
46% below US avg ($1,432)
Mean Commute Time
16 min
43% below US avg (28 min)
Work From Home
13.9%
9% below US avg (15.2%)
Drive Alone
80.6%
10% above US avg (73.2%)
Public Transit
0.4%
92% below US avg (5.0%)
County GDP
$235M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
80.6%
Public Transit
0.4%
Work From Home
13.9%
Other
5.1%
Average commute time
16 minutes
US avg: 28 min
Business Landscape
Total Establishments
228
Restaurants
41
Healthcare
16
Retail
24
Manufacturing
9
Tax & Financial
IRS Avg Adjusted Gross Income
$60,358
16% below US avg ($72,000)
Avg Property Tax
$4,800
37% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $50,792 |
| Per Capita Income | $28,189 |
| IRS Avg Adjusted Gross Income | $60,358 |
| Avg Weekly Wage | $779 |
| County GDP | $235M |
Hardship Indicators
| Unemployment Rate | 2.6% |
| Poverty Rate | 10.0% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 16 minutes |
| Drive Alone | 80.6% |
| Public Transit | 0.4% |
| Work From Home | 13.9% |
Businesses
| Total Establishments | 228 |
| Restaurants | 41 |
| Healthcare | 16 |
| Retail | 24 |
| Manufacturing | 9 |
Tax
| IRS Avg AGI | $60,358 |
| Avg Property Tax | $4,800 |