Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.7 yrs |
|---|---|
| Avg HH Size | 2.22 |
| Below Poverty | 17.7% ▲ 77% above avg |
| College Grads | 44.2% ▲ 14% above avg |
| Unemployment | 6.1% ▲ 25% above avg |
| No HS Diploma | 5 (0.2%) |
| HS Graduate | 686 (33.5%) |
| Some College | 194 (9.5%) |
| Associates | 258 (12.6%) |
| Bachelors | 503 (24.5%) |
| Graduate Degree | 404 (19.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $51,326 ▼ 33% below avg |
|---|---|
| Median Home Value | $109,500 ▼ 61% below avg |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $529/mo |
| Total Housing Units | 1,879 |
| Vacant Units | 614 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Bessemer is a city in Michigan, located in Gogebic County. The city spans 1 ZIP code and is home to approximately 2,843 residents. It is a mature city, with a median age of 45.7 years.
Economically, Bessemer is a working-class community. The median household income of $51,326 is below the national average. Approximately 17.7% of residents live below the poverty line. The unemployment rate is 6.1%, above the national average.
The real estate market in Bessemer is one of the more affordable housing markets in the country. Median home values stand at $109,500, which is well below the national average. Renters typically pay around $529 per month. Homeownership is high at 78.9%, typical of suburban and family-oriented communities.
The population of Bessemer is well-educated. 44.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (91.91%).
Bessemer, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49911 | 2,843 | $51,326 | $109,500 | $529 | 6.1% | 44.2% | 78.9% |