Iron Mountain, MI
Full City Profile · Michigan · Florence County County
3.8
/5.0
B+
Good
7,508
Population
996/sq mi density
$56,622
Median Income
$33,367 per capita
$117,600
Home Value
$195,875 Zillow
$656
Median Rent
23.8% income on rent
42°F
Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$56,622 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$117,600 home value, $656/mo rent
C+
Education
2.9 / 5.0
23.5% bachelor's degree or higher
Top Industries in Iron Mountain (3)
County-level employment data (BLS QCEW). Sorted by employment.
Manufacturing
116 jobs
9 firms
$41,470/yr
Retail Trade
100 jobs
12 firms
$26,507/yr
Health Care & Social Assistance
58 jobs
19 firms
$42,337/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Manufacturing
1.45
Retail Trade
1.03
Health Care & Social Assistance
0.42
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Manufacturing | 116 | 9 | $797 | $41,470 | 1.45 |
| Retail Trade | 100 | 12 | $510 | $26,507 | 1.03 |
| Health Care & Social Assistance | 58 | 19 | $814 | $42,337 | 0.42 |