Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

96 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $912

Average Rent as Percentage of Gross Income

Median rent for 2018: $657

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $13,603
--Home Prepared Food $7,665
--Restaurant/Takeaway Food $5,938
Alcoholic Beverages $999
Housing $34,481
--Rent/Mortgage/Upkeep/Taxes $20,162
--Utilities $6,950
--Operations $2,618
--Supplies $1,282
--Furnishings $3,482
Apparel $3,198
--Men & Boys $715
--Women & Girls $1,296
--Children < 2 $13
--Footwear $675
Transportation $16,748
--New Vehicles $3,131
--Used Vehicles $3,576
--Fuel $3,617
--Insurance $1,673
--Public Transit $1,404
Healthcare $8,529
Entertainment $5,533
--Pets $1,134
--Toys $270
Personal Care Products $1,323
Books & Literature $189
Education $2,416
Tobacco Products $594
Miscellaneous $1,700
Retirement $3,239
Non-health Insurance $12,524
Total Expenditures $105,076

Selected Population Data

Period Geography Population
2014 Iron Mountain city, Michigan 7,593
2015 Iron Mountain city, Michigan 7,571
2016 Iron Mountain city, Michigan 7,535
2017 Iron Mountain city, Michigan 7,450
2018 Iron Mountain city, Michigan 7,406