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Dollar Bay, MI
Full City Profile · Michigan · Keweenaw County County
3.2
/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
21.3% income on rent
41°F
Avg Temperature
253 sunny days/yr
66
Violent Crime/100K
1,258 property/100K
B
Overall
3.2 / 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
F
Safety
1.0 / 5.0
66 violent crimes/100K
C+
Education
2.8 / 5.0
22.1% bachelor's degree or higher
Income Overview
Median Household Income
$63,500
16% below
US avg: $75,149
Per Capita Income
$34,893
11% below
US avg: $39,052
Unemployment Rate
0.9%
75% below
US avg: 3.6%
Poverty Rate
9.8%
21% below
US avg: 12.4%
Income Comparison: Dollar Bay vs. U.S. Average
Each bar shows Dollar Bay’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$63,500
84%
Per Capita
US: $39,052
$34,893
89%
IRS Avg AGI
US: $72,000
$67,299
93%
Avg Weekly Wage
US: $1,432
$684
48%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$684
52% below US avg ($1,432)
Mean Commute Time
19 min
32% below US avg (28 min)
Work From Home
5.3%
65% below US avg (15.2%)
Drive Alone
86.4%
18% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$77M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
86.4%
Public Transit
0%
Work From Home
5.3%
Other
8.3%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
85
Restaurants
19
Retail
9
Manufacturing
5
Tax & Financial
IRS Avg Adjusted Gross Income
$67,299
7% below US avg ($72,000)
Avg Property Tax
$6,600
89% 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 | $63,500 |
| Per Capita Income | $34,893 |
| IRS Avg Adjusted Gross Income | $67,299 |
| Avg Weekly Wage | $684 |
| County GDP | $77M |
Hardship Indicators
| Unemployment Rate | 0.9% |
| Poverty Rate | 9.8% |
| Gini Coefficient | 0.457 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 86.4% |
| Public Transit | 0.0% |
| Work From Home | 5.3% |
Businesses
| Total Establishments | 85 |
| Restaurants | 19 |
| Retail | 9 |
| Manufacturing | 5 |
Tax
| IRS Avg AGI | $67,299 |
| Avg Property Tax | $6,600 |