Dollar Bay CDP, Michigan Demographics & Population 2026

Name: Dollar Bay CDP, Michigan Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

As of 2026, Dollar Bay CDP, Michigan has a total population of 1,070, the 426th largest city in Michigan, with a median household income of $63,500, which is 11% lower than the state average. The poverty rate is 12.5%.

Key Takeaways

Near full employment with an unemployment rate of just 1.6%.

Dollar Bay CDP Quick Facts

Population 1,070

Median Household Income $63,500

Median Home Value $196,200

Poverty Rate 12.5%

Unemployment Rate 1.6%

Median Age 31.2 years

Homeownership Rate 87.3%

Affordability Ratio 3.1x

Bachelor's Degree or Higher 22.1%

High School Graduation Rate 96.2%

Diversity Index 8/100

Population 1,070 426th of 745

Median Income $63,500 average

Poverty Rate 12.5% about average national

Median Home Value $196,200 above average

How Dollar Bay CDP Compares

Median Household Income

Dollar Bay CDP

$63,500

$71,149

National

$78,538

Median Home Value

Dollar Bay CDP

$196,200

$217,600

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 12.2%

$25K-$50K 23.2%

$50K-$100K 44.5%

$100K+ 20.2%

Employment

1.6% Unemployment Rate State: 5.8% | National: 5.2%

60.4% Labor Force Participation

Housing Overview

Owner 87.3%

Renter 12.7%

Affordability Index Affordable

3.1x home value to income ratio

People & Demographics

Age Distribution

Under 18

32.0%

18-34

22.1%

35-54

20.2%

55-74

19.1%

75+

6.7%

Race & Ethnicity

Diversity Index

Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 44 | National average: 60

Education

Educational Attainment (Adults 25+)

Dollar Bay CDP Rankings in Michigan

#426 Population of 745

#308 Median Income of 745

#324 Education of 745

#232 Home Value of 745

Explore Michigan Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Dollar Bay CDP

These cities in the same state have comparable population and economic profiles.

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Lakes of the North CDP	1,076	$65,536	$169,600	25.6%	9.9%
Coloma city	1,051	$62,778	$160,400	17.8%	7.4%
Deckerville village	1,057	$59,375	$81,900	14.7%	19.6%
Memphis city	1,107	$60,884	$190,400	14.8%	23.3%
Harbor Springs city	1,015	$60,556	$368,100	45.2%	10.0%

Population Overview

Dollar Bay CDP is a small community located in Michigan. The total population is 1,070. It ranks as the 426th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Dollar Bay CDP is 31.2 years. This is 22% lower than the state median of 40.1 years. With 32.0% of the population under 18, Dollar Bay CDP has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Dollar Bay CDP is $63,500. This is 11% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 19% lower. The poverty rate stands at 12.5%. This is 4% lower than the state poverty rate of 13.1%. The unemployment rate is 1.6%. This is 73% lower than the state rate of 5.8%. The median home value is $196,200. Housing costs are 10% lower than the state median of $217,600. The home-value-to-income ratio is 3.1x. 87.3% of occupied housing units are owner-occupied. This homeownership rate is 20% higher than the state average of 72.9%.

Race & Ethnicity

Dollar Bay CDP has a predominantly White (non-Hispanic) population, comprising 95.7% of all residents. Black or African American residents account for 1.1%. The Black or African American population (1.1%) is well below the state average of 13.2%. The Hispanic or Latino population (1.0%) is well below the state average of 5.7%.

Education

22.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 31% lower than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.2%.

Data Sources & Methodology

All demographic data for Dollar Bay CDP, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Dollar Bay CDP, Michigan?

Dollar Bay CDP, Michigan has a population of 1,070 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Dollar Bay CDP, MI?

The median household income in Dollar Bay CDP is $63,500, which is 19% lower the national median of $78,538.

What is the poverty rate in Dollar Bay CDP, MI?

The poverty rate in Dollar Bay CDP is 12.5%. This means approximately 134 residents live below the federal poverty line.

What is the racial makeup of Dollar Bay CDP, Michigan?

Dollar Bay CDP's population is 95.7% White, 1.1% Black, 1.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Dollar Bay CDP, MI?

The median home value in Dollar Bay CDP is $196,200. The home-value-to-income ratio is 3.1x.

How educated is Dollar Bay CDP, Michigan?

22.1% of adults (25+) in Dollar Bay CDP hold a bachelor's degree or higher, and 5.5% hold a graduate or professional degree.