Michigan · Census place 41060
Ironwood city, MI
Quick answer
Ironwood city has 5,004 residents, ranking #180 of 745 places in Michigan. Median household income is $37,191, the median home is worth $74,900 and median gross rent runs $555 a month.
- Population
- 5,004Ironwood city residents
- Median household income
- $37,191Past 12 months, inflation adjusted
- Median home value
- $74,900Owner-occupied units
- Median gross rent
- $555Rent plus utilities, monthly
- Median age
- 50.4 yrsAll residents
- Homeownership rate
- 72.8%Owner-occupied households
What the numbers mean in Ironwood city
Housing cost measured against local earnings.
A household earning the Ironwood city median would spend about 17.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.9% of residents and 72.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Kingsford city 5,138
- Frankenmuth city 5,108
- Davison city 5,082
- Gibraltar city 4,937
- Pearl Beach CDP 4,846
- Coopersville city 4,841
- Wolf Lake CDP 4,802
Keep going
More Michigan coverage.