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Ironwood, MI
Full City Profile · Michigan · Iron County County
2.9
/5.0
C+
Fair
5,004
Population
760/sq mi density
$37,191
Median Income
$32,293 per capita
$74,900
Home Value
$99,048 Zillow
$555
Median Rent
28.6% income on rent
40°F
Avg Temperature
253 sunny days/yr
164
Violent Crime/100K
1,843 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$37,191 median income, 6.5% unemployment
A+
Affordability
5.0 / 5.0
$74,900 home value, $555/mo rent
F
Safety
1.0 / 5.0
164 violent crimes/100K
C+
Education
2.6 / 5.0
19.5% bachelor's degree or higher
Income Overview
Median Household Income
$37,191
51% below
US avg: $75,149
Per Capita Income
$32,293
17% below
US avg: $39,052
Unemployment Rate
6.5%
81% above
US avg: 3.6%
Poverty Rate
6.8%
45% below
US avg: 12.4%
Income Comparison: Ironwood vs. U.S. Average
Each bar shows Ironwood’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$37,191
49%
Per Capita
US: $39,052
$32,293
83%
IRS Avg AGI
US: $72,000
$60,358
84%
Avg Weekly Wage
US: $1,432
$779
54%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$779
46% below US avg ($1,432)
Mean Commute Time
19 min
33% below US avg (28 min)
Work From Home
6.9%
55% below US avg (15.2%)
Drive Alone
83.9%
15% above US avg (73.2%)
Public Transit
0.6%
87% below US avg (5.0%)
County GDP
$235M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
83.9%
Public Transit
0.6%
Work From Home
6.9%
Other
8.6%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
228
Restaurants
41
Healthcare
16
Retail
24
Manufacturing
9
Tax & Financial
IRS Avg Adjusted Gross Income
$60,358
16% below US avg ($72,000)
Avg Property Tax
$4,800
37% 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 | $37,191 |
| Per Capita Income | $32,293 |
| IRS Avg Adjusted Gross Income | $60,358 |
| Avg Weekly Wage | $779 |
| County GDP | $235M |
Hardship Indicators
| Unemployment Rate | 6.5% |
| Poverty Rate | 6.8% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 83.9% |
| Public Transit | 0.6% |
| Work From Home | 6.9% |
Businesses
| Total Establishments | 228 |
| Restaurants | 41 |
| Healthcare | 16 |
| Retail | 24 |
| Manufacturing | 9 |
Tax
| IRS Avg AGI | $60,358 |
| Avg Property Tax | $4,800 |