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Ironwood city, Michigan Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Ironwood city, Michigan has a total population of 5,004, the 180th largest city in Michigan, with a median household income of $37,191, which is 48% lower than the state average. The poverty rate is 14.9%.

Key Takeaways

Ironwood city Quick Facts

Population 5,004
Median Household Income $37,191
Median Home Value $74,900
Poverty Rate 14.9%
Unemployment Rate 12.7%
Median Age 50.4 years
Homeownership Rate 72.8%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 19.5%
High School Graduation Rate 93.5%
Diversity Index 12/100
Population 5,004 180th of 745
Median Income $37,191 bottom 10%
Poverty Rate 14.9% 20% higher national
Median Home Value $74,900 bottom 10%

How Ironwood city Compares

Economy & Housing

Employment

12.7% Unemployment Rate State: 5.8% | National: 5.2%
50.8% Labor Force Participation

Housing Overview

Owner 72.8%
Renter 27.2%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

12out 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

Ironwood city Rankings in Michigan

#180 Population of 745
#693 Median Income of 745
#376 Education of 745
#693 Home Value of 745

Other Cities in Gogebic County

CityPopulationMedian IncomePovertyHome Value
Wakefield city 1,789 $48,413 22.0% $71,400
Bessemer city 1,778 $50,792 15.4% $76,100

Cities Similar to Ironwood city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cheboygan city4,801$41,338$118,70016.9%19.0%
Allegan city5,182$42,261$161,10015.3%15.1%
Springfield city5,295$43,681$105,30010.9%22.1%
Dowagiac city5,677$38,433$110,30012.1%30.4%
Davison city5,082$50,450$166,10025.5%16.2%

Population Overview

Ironwood city is a small city located in Michigan, within Gogebic County. The total population is 5,004. It ranks as the 180th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Ironwood city is 50.4 years. This is 26% higher than the state median of 40.1 years. Only 14.4% of residents are under 18, indicating fewer families with children. 15.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Ironwood city is $37,191. This is 48% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 53% lower. The poverty rate stands at 14.9%. This is 14% higher than the state poverty rate of 13.1%. The unemployment rate is 12.7%. This is 119% higher than the state rate of 5.8%. The median home value is $74,900. Housing costs are 66% lower than the state median of $217,600. With a home-value-to-income ratio of just 2.0x, Ironwood city is one of the most affordable housing markets in the area. 72.8% of occupied housing units are owner-occupied.

Race & Ethnicity

Ironwood city has a predominantly White (non-Hispanic) population, comprising 93.5% of all residents. Hispanic or Latino residents account for 2.5%. The Black or African American population (0.5%) is well below the state average of 13.2%. The Hispanic or Latino population (2.5%) is well below the state average of 5.7%. The Asian population (0.7%) is well below the state average of 3.3%.

Education

19.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% 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 93.5%.

Data Sources & Methodology

All demographic data for Ironwood 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 Ironwood city, Michigan?

Ironwood city, Michigan has a population of 5,004 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Ironwood city, MI?

The median household income in Ironwood city is $37,191, which is 53% lower the national median of $78,538.

What is the poverty rate in Ironwood city, MI?

The poverty rate in Ironwood city is 14.9%. This means approximately 732 residents live below the federal poverty line.

What is the racial makeup of Ironwood city, Michigan?

Ironwood city's population is 93.5% White, 0.5% Black, 2.5% Hispanic/Latino, and 0.7% Asian.

What is the median home value in Ironwood city, MI?

The median home value in Ironwood city is $74,900. The home-value-to-income ratio is 2.0x.

How educated is Ironwood city, Michigan?

19.5% of adults (25+) in Ironwood city hold a bachelor's degree or higher, and 7.8% hold a graduate or professional degree.