Iron County, Michigan

The median household income in Iron County, Michigan is $53,614, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.

The per capita income in Iron County is $33,488, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $53,614.

Iron County's median household income of $53,614 is lower than the Michigan state average of $64,304. The per capita income is $33,488, compared to the state average of $35,451.

The per capita income in Iron County, Michigan is $33,488, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.

Iron County's median household income of $53,614 is below the Michigan average of $64,304. The per capita income of $33,488 is also lower than the state average of $35,451. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.

Iron County ranks #73 out of 83 counties in Michigan by median household income (1 = highest). With a median household income of $53,614 and per capita income of $33,488, it falls in the bottom third of counties statewide.