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Iron Mountain city, Michigan Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

As of 2026, Iron Mountain city, Michigan has a total population of 7,508, the 138th largest city in Michigan, with a median household income of $56,622, which is 20% lower than the state average. The poverty rate is 11.5%.

Key Takeaways

Iron Mountain city Quick Facts

Population 7,508
Median Household Income $56,622
Median Home Value $117,600
Poverty Rate 11.5%
Unemployment Rate 5.1%
Median Age 42.9 years
Homeownership Rate 72.6%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 23.5%
High School Graduation Rate 94.0%
Diversity Index 17/100
Population 7,508 138th of 745
Median Income $56,622 average
Poverty Rate 11.5% 8% lower national
Median Home Value $117,600 below average

How Iron Mountain city Compares

Economy & Housing

Employment

5.1% Unemployment Rate State: 5.8% | National: 5.2%
59.7% Labor Force Participation

Housing Overview

Owner 72.6%
Renter 27.4%
Affordability Index Very Affordable
2.1x home value to income ratio

People & Demographics

Diversity Index

17out of 100
Very Low Diversity

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

State average: 44 | National average: 60

Education

Iron Mountain city Rankings in Michigan

#138 Population of 745
#420 Median Income of 745
#303 Education of 745
#492 Home Value of 745

Other Cities in Dickinson County

CityPopulationMedian IncomePovertyHome Value
Kingsford city 5,138 $61,108 9.8% $110,600
Norway city 2,835 $50,025 14.6% $87,300

Cities Similar to Iron Mountain city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hastings city7,515$56,309$159,00026.8%8.7%
St. Johns city7,712$63,030$175,30022.9%13.4%
Fair Plain CDP6,992$55,536$147,80024.4%22.9%
Walled Lake city7,275$67,335$213,00031.9%11.2%
Grand Ledge city7,797$66,515$189,30036.0%6.0%

Population Overview

Iron Mountain city is a small city located in Michigan, within Dickinson County. The total population is 7,508. It ranks as the 138th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Iron Mountain city is 42.9 years. This is 7% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Iron Mountain city is $56,622. This is 20% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 28% lower. The poverty rate stands at 11.5%. This is 12% lower than the state poverty rate of 13.1%. The unemployment rate is 5.1%. This is 13% lower than the state rate of 5.8%. The median home value is $117,600. Housing costs are 46% lower than the state median of $217,600. With a home-value-to-income ratio of just 2.1x, Iron Mountain city is one of the most affordable housing markets in the area. 72.6% of occupied housing units are owner-occupied.

Race & Ethnicity

Iron Mountain city has a predominantly White (non-Hispanic) population, comprising 90.9% of all residents. Hispanic or Latino residents account for 2.7%. The Black or African American population (1.7%) is well below the state average of 13.2%. The Hispanic or Latino population (2.7%) is well below the state average of 5.7%. The Asian population (1.2%) is well below the state average of 3.3%.

Education

23.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 26% 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 94.0%.

Data Sources & Methodology

All demographic data for Iron Mountain city, 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 Iron Mountain city, Michigan?

Iron Mountain city, Michigan has a population of 7,508 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Iron Mountain city, MI?

The median household income in Iron Mountain city is $56,622, which is 28% lower the national median of $78,538.

What is the poverty rate in Iron Mountain city, MI?

The poverty rate in Iron Mountain city is 11.5%. This means approximately 845 residents live below the federal poverty line.

What is the racial makeup of Iron Mountain city, Michigan?

Iron Mountain city's population is 90.9% White, 1.7% Black, 2.7% Hispanic/Latino, and 1.2% Asian.

What is the median home value in Iron Mountain city, MI?

The median home value in Iron Mountain city is $117,600. The home-value-to-income ratio is 2.1x.

How educated is Iron Mountain city, Michigan?

23.5% of adults (25+) in Iron Mountain city hold a bachelor's degree or higher, and 8.5% hold a graduate or professional degree.