What percentage of people rent in Iron Mountain, MI?

27.7% (±5.5 points) of the occupied homes in Iron Mountain, MI are rented (2020–2024 American Community Survey).

That is 991 renting households against 2,591 that own their home.

In Iron Mountain, the share of households that rent went from 30.1% in 2015–2019 to 27.7% in 2020–2024 (−2.4 percentage points), not a measurable change.

Figures last updated on .

Households that rent
27.7% (±5.5 points)
Renting households
991 (±205)
Median renter income
$27,792 (±$14,072)

Who rents and who owns in Iron Mountain

Tenure, estimate (90% margin of error)
Iron MountainDickinson CountyMichiganUnited States
Renter-occupied share27.7% (±5.5 points)17.6% (±2.7 points)26.8% (±0.2 points)34.8%
Renting households991 (±205)2,100 (±335)1,092,179 (±7,674)45,017,354
Owning households2,591 (±228)9,805 (±356)2,984,190 (±12,886)84,210,142
Average renter household size1.7 (±0.2)1.7 (±0.2)2.1 (±0.0)2.3
Average owner household size2.2 (±0.1)2.3 (±0.1)2.5 (±0.0)2.6
Median renter household income$27,792 (±$14,072)$31,577 (±$6,489)$42,352 (±$376)$52,966
Median owner household income$69,975 (±$6,728)$73,078 (±$2,439)$87,130 (±$344)$100,009

In Iron Mountain, the renter share is higher than in Dickinson County (17.6%).

It is not measurably different from Michigan (26.8%).

It is lower than the national figure (34.8%).

In Dickinson County, Iron Mountain ranks 1 of 10 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 245 of 1,520.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Iron Mountain has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent30.1% (±5.8 points)27.7% (±5.5 points)−2.4 percentage pointsNot a measurable change
Median gross rent$670 (±$35)$744 (±$81)+11.0%No measurable change after inflation
Median household income$49,364 (±$5,176)$59,405 (±$5,469)+20.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Iron Mountain

Nearest places with a published estimate, compared with Iron Mountain
PlaceDistanceHouseholds that rentCompared with this place
Iron Mountain—27.7% (±5.5 points)—
Kingsford2.4 mi24.0% (±8.1 points)Not measurably different
Breitung Charter Township3.9 mi2.0% (±1.9 points)Lower
Niagara4.3 mi19.1% (±5.7 points)Lower
Town of Aurora (Florence County)5.4 mi9.7% (±4.7 points)Lower
Norway7.3 mi25.0% (±6.8 points)Not measurably different
Norway Township9.1 mi16.4% (±7.3 points)Lower
Town of Commonwealth9.3 mi4.0% (±5.7 points)Lower
Town of Niagara9.4 mi12.4% (±7.0 points)Lower

Nearby places with a measurably lower figure: Breitung Charter Township, MI (2.0%), Niagara, WI (19.1%), Town of Aurora (Florence County), WI (9.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Dickinson County, place by place

RankPlaceHouseholds that rent
1Iron Mountain27.7% (±5.5 points)
2Norway25.0% (±6.8 points)
3Kingsford24.0% (±8.1 points)
4Norway Township16.4% (±7.3 points)
5Breen Township11.7% (±8.5 points)
6Sagola Township10.0% (±5.6 points)
7West Branch Township (Dickinson County)6.7% (±10.0 points)

Showing 7 of 10 places in Dickinson County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Iron Mountain

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Questions about Iron Mountain

How many renters are there in Iron Mountain?

Iron Mountain has an estimated 991 (±205) renting households, 27.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Iron Mountain?

In Iron Mountain, the share of households that rent went from 30.1% in 2015–2019 to 27.7% in 2020–2024 (−2.4 percentage points), not a measurable change.

How big are renting households in Iron Mountain?

A renting household in Iron Mountain has 1.7 people on average, against 2.2 in an owned home.

How much do renters earn in Iron Mountain?

The median renting household in Iron Mountain, MI has an income of $27,792 (±$14,072) a year, against $69,975 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Iron Mountain city, Michigan (place:40960, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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