Dollar Bay, MI population, income and ZIP codes

Dollar Bay CDP is a small town in Michigan, with 1,070 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #426 of 745 ranked by population — larger than 42% of them. The median age here is 31.2 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Dollar Bay CDP earn a median of $63,500 a year, 19.1% below the national figure of $78,538 and 3% above the $61,715 median for the 438 Michigan cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 12.5% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Dollar Bay CDP is valued at $196,200, 35.3% below the national figure and 18% above the $166,100 peer median, while median gross rent runs $800 a month, 43.1% below the national figure, or roughly $9,600 across a full year. A household on the local median income would put about 15.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.1×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 87.3% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.