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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
Change Over Time (2013–2023)
Population Change
+29.7%
825 → 1,070
over 10 years
Annual Pop. Growth
+2.63%
Compound annual growth rate
Median Income Change
+83.4%
$34,618 → $63,500
nominal, not inflation-adjusted
Annual Income Growth
+6.25%
Compound annual growth rate
Population Over Time
Total population for Dollar Bay across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
1,283
+213 from 2023 (1,070)
Projected Median Income 2030
$97,068
+$33,568 from 2023 ($63,500)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 825 | — | $34,618 | — |
| 2015 | 788 | -4.5% | $42,000 | +21.3% |
| 2017 | 813 | +3.2% | $54,773 | +30.4% |
| 2019 | 853 | +4.9% | $51,250 | -6.4% |
| 2021 | 1,213 | +42.2% | $57,031 | +11.3% |
| 2023 | 1,070 | -11.8% | $63,500 | +11.3% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.