Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.7 yrs |
|---|---|
| Avg HH Size | 1.90 |
| Below Poverty | 13.4% ▲ 34% above avg |
| College Grads | 39.1% ≈ Avg |
| Unemployment | 9.3% ▲ 91% above avg |
| No HS Diploma | 87 (1.5%) |
| HS Graduate | 1,555 (27.5%) |
| Some College | 791 (14%) |
| Associates | 1,005 (17.8%) |
| Bachelors | 907 (16.1%) |
| Graduate Degree | 1,301 (23%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $44,379 ▼ 42% below avg |
|---|---|
| Median Home Value | $95,500 ▼ 66% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $590/mo |
| Total Housing Units | 4,728 |
| Vacant Units | 899 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Ironwood is a city in Michigan, located in Gogebic County. The city spans 1 ZIP code and is home to approximately 7,424 residents. It is a mature city, with a median age of 51.7 years.
Economically, Ironwood is a working-class community. The median household income of $44,379 is below the national average. Approximately 13.4% of residents live below the poverty line. The unemployment rate is 9.3%, significantly above the national average.
The real estate market in Ironwood is one of the more affordable housing markets in the country. Median home values stand at $95,500, which is well below the national average. Renters typically pay around $590 per month. Homeownership is high at 78.2%, typical of suburban and family-oriented communities.
The population of Ironwood is moderately educated. 39.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.51%).
Ironwood, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49938 | 7,424 | $44,379 | $95,500 | $590 | 9.3% | 39.1% | 78.2% |