Iron River vs Ann Arbor
| Iron River | Ann Arbor | |
|---|---|---|
| Population | 2,995 | 122,216 |
| Median Household Income | $54,183 | $82,212 |
| Median Home Value | $85,000 | $453,400 |
| Median Gross Rent | $486/mo | $1,649/mo |
| Homeownership Rate | 70.0% | 45.5% |
| Unemployment Rate | 4.7% | 3.9% |
| Bachelor's Degree or Higher | 20.6% | 77.9% |
| Median Age | 43.1 | 27.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.