Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

38 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: $850

Average Rent as Percentage of Gross Income

Median rent for 2018: $476

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $4,668
--Home Prepared Food $2,630
--Restaurant/Takeaway Food $2,038
Alcoholic Beverages $343
Housing $11,832
--Rent/Mortgage/Upkeep/Taxes $6,919
--Utilities $2,385
--Operations $898
--Supplies $440
--Furnishings $1,195
Apparel $1,098
--Men & Boys $245
--Women & Girls $445
--Children < 2 $5
--Footwear $232
Transportation $5,747
--New Vehicles $1,074
--Used Vehicles $1,227
--Fuel $1,241
--Insurance $574
--Public Transit $482
Healthcare $2,927
Entertainment $1,899
--Pets $389
--Toys $93
Personal Care Products $454
Books & Literature $65
Education $829
Tobacco Products $204
Miscellaneous $584
Retirement $1,111
Non-health Insurance $4,298
Total Expenditures $36,057

Selected Population Data

Period Geography Population
2014 Iron River city, Michigan 2,979
2015 Iron River city, Michigan 2,944
2016 Iron River city, Michigan 2,911
2017 Iron River city, Michigan 2,878
2018 Iron River city, Michigan 2,856