Iron River vs Detroit
| Iron River | Detroit | |
|---|---|---|
| Population | 2,995 | 636,787 |
| Median Household Income | $54,183 | $39,938 |
| Median Home Value | $85,000 | $83,900 |
| Median Gross Rent | $486/mo | $1,074/mo |
| Homeownership Rate | 70.0% | 50.3% |
| Unemployment Rate | 4.7% | 14.0% |
| Bachelor's Degree or Higher | 20.6% | 18.1% |
| Median Age | 43.1 | 35.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.