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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
Top Industries in Dollar Bay (5)
County-level employment data (BLS QCEW). Sorted by employment.
Manufacturing
55 jobs
4 firms
$44,816/yr
Retail Trade
37 jobs
9 firms
$23,924/yr
Construction
19 jobs
8 firms
$56,590/yr
Other Services
14 jobs
5 firms
$43,502/yr
Agriculture & Forestry
12 jobs
4 firms
$46,315/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Agriculture & Forestry
3.10
Manufacturing
1.40
Other Services
0.97
Retail Trade
0.78
Construction
0.76
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Manufacturing | 55 | 4 | $862 | $44,816 | 1.40 |
| Retail Trade | 37 | 9 | $460 | $23,924 | 0.78 |
| Construction | 19 | 8 | $1,088 | $56,590 | 0.76 |
| Other Services | 14 | 5 | $837 | $43,502 | 0.97 |
| Agriculture & Forestry | 12 | 4 | $891 | $46,315 | 3.10 |