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Iron Mountain, Michigan Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

During the 2020–2024 ACS period, Iron Mountain, Michigan had a total population of 7,518, the 138th largest city in Michigan, with a median household income of $59,405, which is 18% lower than the state average. The poverty rate is 13.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Iron Mountain Quick Facts

Population 7,518
Median Household Income $59,405
Median Home Value $141,600
Poverty Rate 13.5%
Unemployment Rate 4.2%
Median Age 43.5 years
Homeownership Rate 72.3%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 22.8%
High School Graduation Rate 93.5%
Diversity Index 21/100
Population 7,518 138th of 745
Median Income $59,405 average
Poverty Rate 13.5% 8% higher than national
Median Home Value $141,600 below average

How Iron Mountain Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population7,5087,518+0.1%
Median household income$56,622$59,405+4.9%
Median home value$117,600$141,600+20.4%

How Iron Mountain Compares

Economy & Housing

Household Income Distribution

Under $25K 23.2%
$25K-$50K 19.1%
$50K-$100K 38.9%
$100K+ 18.8%
Detailed income brackets
Under $10K
5.5%
$10K-$15K
3.2%
$15K-$20K
8.9%
$20K-$25K
5.6%
$25K-$30K
2.8%
$30K-$35K
1.7%
$35K-$40K
6.0%
$40K-$45K
3.7%
$45K-$50K
4.9%
$50K-$60K
8.3%
$60K-$75K
14.2%
$75K-$100K
16.5%
$100K-$125K
6.6%
$125K-$150K
3.4%
$150K-$200K
4.5%
$200K+
4.2%

Employment

4.2% Unemployment Rate State: 5.7%|National: 5.2%
61.5% Labor Force Participation

Housing Overview

Owner 72.3%
Renter 27.7%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $744/mo 15.0% of median household income annually

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

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

State average: 45 | National average: 61

Education

Iron Mountain Rankings in Michigan

#138 Population of 745
#410 Median Income of 732
#317 Education of 745
#443 Home Value of 730

Other Cities in Dickinson County

CityPopulationMedian IncomePovertyHome Value
Kingsford 5,124 $61,635 9.0% $132,100
Norway 2,833 $63,846 13.9% $91,100
Quinnesec 892 $38,713 27.6% $154,900

Cities Similar to Iron Mountain

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hastings7,520$58,286$174,50025.4%12.5%
Fair Plain7,330$52,817$169,40023.8%26.6%
St. Louis7,367$51,167$119,2006.3%13.4%
South Monroe6,960$61,982$184,00017.1%15.2%
St. Johns7,715$68,728$192,40026.5%12.5%

Population Overview

Iron Mountain is a small city located in Michigan, within Dickinson County. The total population is 7,518. It ranks as the 138th most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Iron Mountain is 43.5 years. This is 8% higher than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Iron Mountain is $59,405. This is 18% lower than the state median of $72,875. It is also 26% lower than the national median of $80,734. The poverty rate stands at 13.5%. This is 2% higher than the state poverty rate of 13.2%. The unemployment rate is 4.2%. This is 26% lower than the state rate of 5.7%. The median home value is $141,600. Housing costs are 39% lower than the state median of $231,600. With a home-value-to-income ratio of just 2.4x, Iron Mountain is one of the most affordable housing markets in the area. 72.3% of occupied housing units are owner-occupied. This homeownership rate is 1% lower than the state average of 73.2%.

Race & Ethnicity

Iron Mountain has a predominantly White (non-Hispanic) population, comprising 88.8% of all residents. Hispanic or Latino residents account for 4.2%. The Black or African American population (0.7%) is well below the state average of 13.1%. The Asian population (0.4%) is well below the state average of 3.4%.

Education

22.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 30% lower than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.5%.

Data Sources & Methodology

All demographic data for Iron Mountain, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Michigan city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Iron Mountain, Michigan?

Iron Mountain, Michigan has a population of 7,518 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Iron Mountain is $59,405, which is 26% lower than the national median of $80,734.

What is the poverty rate in Iron Mountain, MI?

The poverty rate in Iron Mountain is 13.5%. This means approximately 992 residents live below the federal poverty line.

What is the racial makeup of Iron Mountain, Michigan?

Iron Mountain's population is 88.8% White, 0.7% Black, 4.2% Hispanic/Latino, and 0.4% Asian.

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

The median home value in Iron Mountain is $141,600. The home-value-to-income ratio is 2.4x.

How educated is Iron Mountain, Michigan?

22.8% of adults (25+) in Iron Mountain hold a bachelor's degree or higher, and 7.6% hold a graduate or professional degree.