Dollar Bay, MI

Michigan

Dollar Bay is a small town in Michigan with a population of 1,070. Residents earn $63,500 per year, which is 16% below the national average.

3.9 /5.0
B+ Good
1,070 Population 272/sq mi density
$63,500 Median Income $34,893 per capita
$196,200 Home Value $164,891 Zillow
$800 Median Rent
41°F Avg Temperature
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$63,500 median income, 0.9% unemployment
A+
Affordability
4.9 / 5.0
$196,200 home value, $800/mo rent
C+
Education
2.8 / 5.0
22.1% bachelor's degree or higher
Median Income $63,500
16% lower than US avg
Home Value $196,200
30% lower than US avg
Bachelor's+ 22.1%
34% lower than US avg
Median Rent $800
31% lower than US avg
Obesity Rate 35.1%
9% higher than US avg
Unemployment 0.9%
75% lower than US avg
Poverty Rate 9.8%
21% lower than US avg

How Dollar Bay Compares to the U.S. Average (100% = U.S. avg)

People

Population1,070
Median Age31.2 yrs
Density272/mi²
Male / Female55% / 45%
Largest GroupWhite 97%

Economy

A
Median Income$63,500
Per Capita$34,893
Unemployment0.9%
Poverty9.8%
County GDP$77M
Commute19 min

Housing

A+
Home Value$196,200
Rent$800
OwnershipN/A
Zillow$164,891

Crime

ViolentN/A
PropertyN/A

Health

Obesity35.1%
UninsuredN/A
Depression27.1%
Heart Disease5.3%

Climate

Avg Temp41°F
AQI38 (Good)
Elevation793 ft

Education

C+
Bachelor's+22.1%
High School+96.2%
School Score5.23

Community

2024 VoteR 56% / D 43%
Commute19 min

Is Dollar Bay a Good Place to Live?

Based on current data, Dollar Bay receives an overall livability score of 3.9 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, high health insurance coverage. Dollar Bay offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Dollar Bay is $63,500, 16% below the national average of $75,149. The job market is very strong with unemployment at just 0.9%. 9.8% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 19 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Dollar Bay is $196,200, 30% below the national median — offering relatively affordable homeownership. Renters pay a median of $800 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.1x indicates a reasonably affordable housing market.

Education

22.1% of residents hold a bachelor's degree, below the national average of 33.7%. 96.2% have completed high school. Area schools have an average test score of 5.2/10.

Climate & Weather

Dollar Bay has a cool climate with an average annual temperature of 41°F. Winters average 16°F in January while summers reach 65°F in July. Air quality is rated Good with a median AQI of 38.

Dollar Bay has a population of 1,070 with a density of 272 people per square mile. The median age is 31.2 years, 20% younger than the national median of 38.9. The city is predominantly White (96.7%), with 1.8% Hispanic, 1.1% Black.

Population

1,070
Total Population
272
People / sq mi
31.2yrs
Median Age
20% below US avg
3.9mi²
Land Area

Gender Distribution

Male 54.9%
Female 45.1%

Race & Ethnicity

Dollar Bay vs U.S. Average

Language Spoken at Home

English Only98.2%
25% above US avg
Spanish1.8%
87% below US avg

Social Characteristics

Dollar Bay vs U.S. Average

The median household income in Dollar Bay is $63,500, which is 16% below the national average of $75,149. The unemployment rate is 0.9% (below the 3.6% US average). 9.8% of residents live below the poverty line. Workers commute an average of 19 minutes.

Income: Dollar Bay vs U.S.

Commute Mode

Income

Median HH Income$63,500
16% below US avg
Per Capita Income$34,893
Avg Weekly Wage$684
IRS Avg AGI$67,299

Employment & Poverty

Unemployment0.9%
75% below US avg
Poverty Rate9.8%
21% below US avg
Establishments (County)85
County GDP$77M

Business (County)

Restaurants19
Retail9
Manufacturing5

Tax & Cost of Living

Property Tax (IRS)$6,600
89% above US avg
Effective Tax Rate3.36%

Commute & Transportation

Commute Time18.8 min
Work from Home5.3%

Walkability

The median home value in Dollar Bay is $196,200, 30% below the national average. Monthly rent averages $800 (31% below US avg). Zillow estimates the typical home value at $164,891.

Home Value Sources

Ownership Split

Home Values

Census Median$196,200
30% below US avg
Zillow ZHVI$164,891

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$800
31% below US avg

HUD Fair Market Rent

Studio$807
1 Bedroom$891
2 Bedrooms$1,113
3 Bedrooms$1,419
4 Bedrooms$1,588

Ownership & Property

Owner-Occupied87.3%

Property Tax

Avg Tax (IRS)$6,600
89% above US avg
Effective Rate3.36%
In Dollar Bay, 35.1% of adults are obese (above the 32.1% national rate). 27.1% report depression. 19.9% are physically inactive.

Health Metrics: Dollar Bay vs U.S. Average (%)

Chronic Conditions

Obesity35.1%
9% above US avg
Diabetes8.6%
Heart Disease5.3%
High Blood Pressure29.6%
Asthma11.3%
COPD6.3%
Stroke2.7%

Behaviors & Mental Health

Binge Drinking19.3%
Physical Inactivity19.9%
Depression27.1%
Mental Distress18.1%
Physical Distress12.0%

Healthcare Access

Insurance Rate95.6%
Checkup Rate77.7%
Premature Death6,845/100K

Food & Exercise

Food Environment7.9/10
Exercise Access76.7%

Crime Rates: Dollar Bay vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)1

Safety Score

Dollar Bay has an average annual temperature of 41°F (5°C). Winters average 16°F in January while summers reach 65°F in July. Air quality is rated Good with a median AQI of 38.

Temperature

16°F Jan (-9°C) 65°F Jul (18°C)
Annual Average40.7°F
25% below US avg
January Average16°F (-9°C)
July Average65°F (18°C)

Precipitation & Snow

Air Quality

AQI Median38.0
RatingGood

Geography

Elevation793 ft (242 m)
Area3.9 sq mi (10.2 km²)
Population Density272/sq mi
Coordinates47.1273°N, 88.5070°W
County FIPS26083
It is classified as Nonmetro — Rural. 22.1% of residents hold a bachelor's degree or higher (34% below US avg). In the 2024 election, the county voted Republican by a 12.8-point margin.

2024 Presidential Election (County)

R 55.6%
D 42.8%

Winner: Republican by 12.8 points

Education

Bachelor's Degree+22.1%
34% below US avg
High School+96.2%
School Test Score5.23
C+ Education Grade (2.8/5.0)

Urban-Rural Classification

RUCC Code 9Nonmetro — Rural
Population Density272/sq mi
Total Area3.9 sq mi

Infrastructure & Services

Restaurants19
Retail Stores9

Safety & Disasters

Fatal Crashes (County/yr)1

Commute & Transportation

Avg Commute18.8 min
Work from Home5.3%

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