Dollar Bay, Michigan

US Census Bureau ACS 5-Year Estimates ยท 2022

MI

Dollar Bay Demographics Overview

Total Population
1,184
ACS 2022 estimate
Median Household Income
$60,294
Annual household income
โ–ผ 19% vs US avg
Median Home Value
$176,900
Owner-occupied homes
โ–ผ 37% vs US avg
Median Gross Rent
$756
Monthly rent (incl. utilities)
โ–ผ 35% vs US avg
Median Age
31.2 years
Median age of residents
โ–ผ 20% vs US avg

Income & Economy

Median Household Income
$60,294
US avg: $74,580
vs. National Median-19.2%

Housing

Median Home Value
$176,900
US avg: $281,900
Median Gross Rent
$756/mo
US avg: $1,163/mo
Rent vs. National Avg-35.0%

Population

Total Population1,184
Median Age
31.2 years
US avg: 38.9 yrs

Data Source

Data for Dollar Bay comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Dollar Bay, MI โ€” Frequently Asked Questions

Common questions about Dollar Bay demographics

What is the population of Dollar Bay, Michigan?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Dollar Bay, Michigan is 1,184.

What is the median household income in Dollar Bay?

The median household income in Dollar Bay, Michigan is $60,294 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Dollar Bay?

Key cost indicators for Dollar Bay, Michigan:. Median home value: $176,900. Median gross rent: $756/month. Median household income: $60,294/year

What is the median home value in Dollar Bay?

The median home value in Dollar Bay, Michigan is $176,900, compared to the national median of approximately $281,900.

What is the average age in Dollar Bay?

The median age in Dollar Bay, Michigan is 31.2 years, compared to the US national median age of approximately 38.9 years.

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Dollar Bay, MI Demographics - Population, Income & Housing (2022)