Iron Mountain, MI
Full City Profile · Michigan · Florence County County
3.1
/5.0
B
Good
7,508
Population
996/sq mi density
$56,622
Median Income
$33,367 per capita
$117,600
Home Value
$178,794 Zillow
$656
Median Rent
23.8% income on rent
42°F
Avg Temperature
276 sunny days/yr
96
Violent Crime/100K
55 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$56,622 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$117,600 home value, $656/mo rent
F
Safety
1.0 / 5.0
96 violent crimes/100K
C+
Education
2.9 / 5.0
23.5% bachelor's degree or higher
Income Overview
Median Household Income
$56,622
25% below
US avg: $75,149
Per Capita Income
$33,367
15% below
US avg: $39,052
Unemployment Rate
3.0%
17% below
US avg: 3.6%
Poverty Rate
11.4%
8% below
US avg: 12.4%
Income Comparison: Iron Mountain vs. U.S. Average
Each bar shows Iron Mountain’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$56,622
75%
Per Capita
US: $39,052
$33,367
85%
IRS Avg AGI
US: $72,000
$68,314
95%
Avg Weekly Wage
US: $1,432
$698
49%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$698
51% below US avg ($1,432)
Mean Commute Time
16 min
42% below US avg (28 min)
Work From Home
12.3%
19% below US avg (15.2%)
Drive Alone
73.7%
1% above US avg (73.2%)
Public Transit
0.6%
89% below US avg (5.0%)
County GDP
$172M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
73.7%
Public Transit
0.6%
Work From Home
12.3%
Other
13.4%
Average commute time
16 minutes
US avg: 28 min
Business Landscape
Total Establishments
137
Restaurants
22
Healthcare
4
Retail
13
Manufacturing
10
Tax & Financial
IRS Avg Adjusted Gross Income
$68,314
5% below US avg ($72,000)
Avg Property Tax
$6,671
91% 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 | $56,622 |
| Per Capita Income | $33,367 |
| IRS Avg Adjusted Gross Income | $68,314 |
| Avg Weekly Wage | $698 |
| County GDP | $172M |
Hardship Indicators
| Unemployment Rate | 3.0% |
| Poverty Rate | 11.4% |
| Gini Coefficient | 0.437 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 16 minutes |
| Drive Alone | 73.7% |
| Public Transit | 0.6% |
| Work From Home | 12.3% |
Businesses
| Total Establishments | 137 |
| Restaurants | 22 |
| Healthcare | 4 |
| Retail | 13 |
| Manufacturing | 10 |
Tax
| IRS Avg AGI | $68,314 |
| Avg Property Tax | $6,671 |
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