Last updated: 2024 BLS data · Page refreshed:
Iron River has a population of 3,002 with a median age of 43.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,002 |
| Median Age | 43.1 |
| White | 86.4% |
| Black or African American | 1.9% |
| Hispanic or Latino | 5.1% |
| Other / Two or More Races | 6.6% |
The median household income in Iron River is $54,183, which is 32.8% below the national median of $80,610. The per capita income is $29,651. The poverty rate is 20.6%.
Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.
In Iron River, 96.6% of residents age 25+ have a high school diploma or higher, and 20.6% hold a bachelor's degree or higher (5.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.6% |
| Bachelor's Degree or Higher | 20.6% |
| Graduate or Professional Degree | 5.7% |
The median home value in Iron River is $85,000, below the national median of $303,400. The median monthly rent is $486. The homeownership rate is 70.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $85,000 |
| Median Monthly Rent | $486 |
| Homeownership Rate | 70.0% |
| Vacancy Rate | 25.3% |
Explore salary data for popular occupations in Michigan:
Find resources to help plan your move, explore homes, and compare insurance rates in Michigan.
Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.
Join Americans who use data to make smarter decisions. Privacy Policy