Iron River vs Grand Rapids
| Iron River | Grand Rapids | |
|---|---|---|
| Population | 2,995 | 198,096 |
| Median Household Income | $54,183 | $69,108 |
| Median Home Value | $85,000 | $244,500 |
| Median Gross Rent | $486/mo | $1,266/mo |
| Homeownership Rate | 70.0% | 54.0% |
| Unemployment Rate | 4.7% | 5.2% |
| Bachelor's Degree or Higher | 20.6% | 41.6% |
| Median Age | 43.1 | 32.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.