Sign In Register

Gaastra, MI

Full City Profile · Michigan · Iron County County

3.2 /5.0
B Good
324 Population 198/sq mi density
$57,500 Median Income $22,769 per capita
$61,000 Home Value $101,442 Zillow
39°F Avg Temperature 249 sunny days/yr
205 Violent Crime/100K 4,162 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$57,500 median income, 0.4% unemployment
A+
Affordability
5.0 / 5.0
$61,000 home value, /mo rent
F
Safety
1.0 / 5.0
205 violent crimes/100K
C
Education
2.5 / 5.0
18.4% bachelor's degree or higher

Income Overview

Median Household Income
$57,500
23% below
US avg: $75,149
Per Capita Income
$22,769
42% below
US avg: $39,052
Unemployment Rate
0.4%
89% below
US avg: 3.6%
Poverty Rate
4.1%
67% below
US avg: 12.4%

Income Comparison: Gaastra vs. U.S. Average

Each bar shows Gaastra’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$57,500
77%
Per Capita
US: $39,052
$22,769
58%
IRS Avg AGI
US: $72,000
$53,815
75%
Avg Weekly Wage
US: $1,432
$864
60%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$864
40% below US avg ($1,432)
Mean Commute Time
32 min
16% above US avg (28 min)
Work From Home
4.3%
72% below US avg (15.2%)
Drive Alone
91.3%
25% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$420M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 91.3%
Public Transit 0%
Work From Home 4.3%
Other 4.4%
Average commute time
32 minutes
US avg: 28 min

Business Landscape

Total Establishments
392
Restaurants
38
Healthcare
28
Retail
50
Manufacturing
17

Tax & Financial

IRS Avg Adjusted Gross Income
$53,815
25% below US avg ($72,000)
Avg Property Tax
$4,533
30% 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$57,500
Per Capita Income$22,769
IRS Avg Adjusted Gross Income$53,815
Avg Weekly Wage$864
County GDP$420M

Hardship Indicators

Unemployment Rate0.4%
Poverty Rate4.1%
Gini Coefficient0.434
Cost of Living Index96.2

Commute

Mean Commute32 minutes
Drive Alone91.3%
Public Transit0.0%
Work From Home4.3%

Businesses

Total Establishments392
Restaurants38
Healthcare28
Retail50
Manufacturing17

Tax

IRS Avg AGI$53,815
Avg Property Tax$4,533