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
| Iron Mountain | Dickinson County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 27.7% (±5.5 points) | 17.6% (±2.7 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 991 (±205) | 2,100 (±335) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 2,591 (±228) | 9,805 (±356) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 1.7 (±0.2) | 1.7 (±0.2) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 30.1% (±5.8 points) | 27.7% (±5.5 points) | −2.4 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Iron Mountain | — | 27.7% (±5.5 points) | — |
| Kingsford | 2.4 mi | 24.0% (±8.1 points) | Not measurably different |
| Breitung Charter Township | 3.9 mi | 2.0% (±1.9 points) | Lower |
| Niagara | 4.3 mi | 19.1% (±5.7 points) | Lower |
| Town of Aurora (Florence County) | 5.4 mi | 9.7% (±4.7 points) | Lower |
| Norway | 7.3 mi | 25.0% (±6.8 points) | Not measurably different |
| Norway Township | 9.1 mi | 16.4% (±7.3 points) | Lower |
| Town of Commonwealth | 9.3 mi | 4.0% (±5.7 points) | Lower |
| Town of Niagara | 9.4 mi | 12.4% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Iron Mountain | 27.7% (±5.5 points) |
| 2 | Norway | 25.0% (±6.8 points) |
| 3 | Kingsford | 24.0% (±8.1 points) |
| 4 | Norway Township | 16.4% (±7.3 points) |
| 5 | Breen Township | 11.7% (±8.5 points) |
| 6 | Sagola Township | 10.0% (±5.6 points) |
| 7 | West 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Iron Mountain city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Iron Mountain city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Iron Mountain city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Iron Mountain city, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Iron Mountain city, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
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- Population growth in Iron Mountain
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- Michigan landlord and tenant rules
- Housing across Dickinson County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan