How many renters in Iron River, MI pay more than 30% of their income on rent?
39.6% (±18.5 points) of renting households in Iron River, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
14.2% spend 35% or more.
The median renting household spends 23.5% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 39.6% (±18.5 points)
- Paying 35% or more
- 14.2% (±9.2 points)
- Median share of income
- 23.5% (±6.0 points)
Rent as a share of income in Iron River
| Share of income spent on rent | Iron River | Iron County | Michigan | United States |
|---|---|---|---|---|
| Less than 15% | 13.2% (±10.4 points) | 12.7% | 13.5% | 12.6% |
| 15% to 19.9% | 27.5% (±15.7 points) | 17.1% | 12.2% | 12.2% |
| 20% to 24.9% | 13.2% (±10.4 points) | 14.7% | 12.4% | 12.6% |
| 25% to 29.9% | 6.4% (±5.5 points) | 7.3% | 11.5% | 11.5% |
| 30% to 34.9% | 25.4% (±16.1 points) | 17.4% | 9.0% | 9.2% |
| 35% or more | 14.2% (±9.2 points) | 30.9% | 41.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Iron River against Iron County, its state and the nation
| Iron River | Iron County | Michigan | United States | |
|---|---|---|---|---|
| Paying 30% or more | 39.6% (±18.5 points) | 48.3% (±10.9 points) | 50.4% (±0.4 points) | 51.1% |
| Paying 35% or more | 14.2% (±9.2 points) | 30.9% (±7.3 points) | 41.4% (±0.4 points) | 41.9% |
| Median share of income | 23.5% (±6.0 points) | 28.8% (±5.7 points) | 30.2% (±0.3 points) | 30.6% |
| Median renter household income | $31,389 (±$12,934) | $30,714 (±$3,933) | $42,352 (±$376) | $52,966 |
| Median gross rent | $486 (±$192) | $716 (±$114) | $1,129 (±$4) | $1,413 |
In Iron River, the share of renters paying 30% or more of income is not measurably different from Iron County (48.3%).
It is not measurably different from Michigan (50.4%).
It is not measurably different from the national figure (51.1%).
In Iron County, Iron River ranks 8 of 11 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 863 of 1,485.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Iron River
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Iron River | — | 39.6% (±18.5 points) | — |
| Caspian | 2.2 mi | 59.1% (±26.2 points) | Not measurably different |
| Gaastra | 3.2 mi | 55.6% (±104.9 points) | Not measurably different |
| Bates Township | 10 mi | 80.0% (±45.3 points) | Not measurably different |
| Town of Tipler | 10 mi | 0.0% (±90.1 points) | Not measurably different |
| Iron River Township | 13 mi | 63.3% (±60.4 points) | Not measurably different |
| Town of Alvin | 13 mi | 0.0% (±131.9 points) | Not measurably different |
| Alpha | 13 mi | 44.4% (±110.1 points) | Not measurably different |
| Crystal Falls | 15 mi | 34.3% (±16.5 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Iron County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 2 | Bates Township | 80.0% (±45.3 points) |
| 3 | Stambaugh Township | 72.2% (±49.8 points) |
| 4 | Iron River Township | 63.3% (±60.4 points) |
| 5 | Caspian | 59.1% (±26.2 points) |
| 6 | Hematite Township | 56.3% (±77.9 points) |
| 7 | Gaastra | 55.6% (±104.9 points) |
| 8 | Iron River | 39.6% (±18.5 points) |
| 9 | Crystal Falls | 34.3% (±16.5 points) |
| 10 | Mastodon Township | 33.3% (±90.9 points) |
| 11 | Mansfield Township | 0.0% (±141.4 points) |
Showing 10 of 11 places in Iron County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Iron River
Are renters in Iron River rent-burdened?
39.6% of renting households in Iron River pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Iron River spend on rent?
The median renting household in Iron River, MI spends 23.5% (±6.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Iron River city, Michigan
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Iron River city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Iron River city, Michigan
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 River city, Michigan (place:40980, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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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- Housing data for every place in Michigan