Dollar Bay, MI Demographics

Population 1,407 · Census ACS 2020–24

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Median age by neighborhoodHistory and comparison ↓︎
Dollar Bay, MI map of median age by neighborhood
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Population and households in Dollar Bay

Household size in Dollar Bay

Household size, people per household
PeriodDollar BayMichiganU.S.
2006–102.422.582.68
2010–142.542.582.73
2015–192.542.532.71
2020–242.502.512.65
Change+0.08−0.06−0.03
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The average household in Dollar Bay has 2.50 people, a bit under the U.S. average of 2.65. The picture is much the same across Michigan.

Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).

Median age in Dollar Bay

Median age, years
PeriodDollar BayMichiganU.S.
2006–1039.438.937.7
2010–1435.940.138.6
2015–1932.841.039.6
2020–2435.141.340.1
Change−4.3+2.4+2.3
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With a median age of just 35.1, Dollar Bay is far younger than the country as a whole (40.1), a population that tilts toward young adults, many of them living alone or as couples. The median age has dropped from 39.4 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.

Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).

Single-parent households in Dollar Bay

Single-parent households, % of households
PeriodDollar BayMichiganU.S.
2006–108.4%11.3%12.3%
2010–145.9%11.5%12.3%
2015–194.4%10.9%11.6%
2020–245.6%10.7%11.6%
Change−2.7 pts−0.6 pts−0.6 pts
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Single-parent households are relatively rare in Dollar Bay: 5.6% of households, against 11.6% nationally.

Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).

Housing in Dollar Bay

Renters in Dollar Bay

Renters, % of occupied homes
PeriodDollar BayMichiganU.S.
2006–1025.0%25.8%33.3%
2010–1428.8%28.5%35.6%
2015–1925.7%28.8%36.0%
2020–2417.9%26.8%34.8%
Change−7.1 pts+1.0 pts+1.5 pts
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Dollar Bay is largely a place of homeowners: only 17.9% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Among homeowners, 52.9% have no mortgage at all, well above the national share of 39.8%.

Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).

Vacant homes in Dollar Bay

Vacant homes, % of all homes
PeriodDollar BayMichiganU.S.
2006–1027.4%13.0%11.4%
2010–1423.3%13.0%11.4%
2015–1930.8%11.9%11.1%
2020–2427.2%10.2%9.6%
Change−0.1 pts−2.8 pts−1.8 pts
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Vacancy is high in Dollar Bay: 27.2% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.

Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).

Age of homes in Dollar Bay

Age of homes, median year built
PeriodDollar BayMichiganU.S.
2006–10196319691974
2010–14196119701975
2015–19196719711977
2020–24197219721980
Change+9+3+6
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Housing in Dollar Bay leans older: the median home dates to 1972, against 1980 nationally. The picture is much the same across Michigan.

Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).

Rent in Dollar Bay

Rent, per month
PeriodDollar BayMichiganU.S.
2006–10$657$833$965
2010–14$655$886$1,040
2015–19$814$978$1,213
2020–24$873$1,228$1,571
Change+$217+$395+$606
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The median renter in Dollar Bay pays $873 a month for rent and utilities, well below the national median of $1,571. Rent takes 29.4% of the typical renter's income, just under the 30% mark often used to define affordable rent.

Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).

Education in Dollar Bay

Bachelor's degrees in Dollar Bay

Bachelor's degrees, % of adults 25+
PeriodDollar BayMichiganU.S.
2006–1032.2%26.1%28.4%
2010–1435.6%27.1%29.6%
2015–1936.4%29.5%32.1%
2020–2441.7%32.7%35.6%
Change+9.5 pts+6.6 pts+7.2 pts
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College degrees are a bit more common in Dollar Bay than nationally: 41.7% of adults 25 and older have a bachelor's or higher, against 35.6%.

Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).

High school graduates in Dollar Bay

High school graduates, % of adults 25+
PeriodDollar BayMichiganU.S.
2006–1088.4%88.3%84.9%
2010–1496.7%89.3%86.1%
2015–1996.9%90.7%87.7%
2020–2497.6%91.8%89.3%
Change+9.2 pts+3.5 pts+4.3 pts
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Finishing high school is nearly universal in Dollar Bay: 97.6% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.

High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).

Jobs in Dollar Bay

Unemployment, % of the labor force
PeriodDollar BayMichiganU.S.
2006–105.6%11.5%8.1%
2010–146.9%11.7%9.4%
2015–196.4%6.1%5.6%
2020–243.1%5.9%5.4%
Change−2.6 pts−5.7 pts−2.7 pts
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The job market in Dollar Bay has been strong: just 3.1% of the labor force was out of work and looking, well below the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.

Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).

Dollar Bay compared with nearby cities

CityHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
Dollar Bay2.5035.15.6%17.9%27.2%1972$87341.7%97.6%3.1%
Houghton2.2824.26.0%58.5%14.9%1976$1,08865.3%93.0%9.5%
Senter2.3844.84.6%10.5%41.1%1975$95534.4%97.0%1.1%
Hancock2.4434.77.5%36.2%14.1%1962$97743.6%97.0%1.2%
Dodgeville2.4136.015.0%23.9%14.3%1969$1,00541.2%97.3%4.0%
Hubbell2.2442.34.9%23.9%22.4%1942$56624.5%93.6%4.9%
Chassell2.1447.36.5%12.3%27.6%1968$86239.1%98.7%2.9%
Atlantic Mine2.7437.68.3%16.1%16.0%1970$1,31944.9%95.8%3.8%
Osceola2.7632.59.0%7.7%22.3%1948$94421.1%87.4%10.2%
Lake Linden2.3645.75.9%16.8%34.5%1955$96325.4%91.5%7.0%
South Range2.1344.111.1%17.5%22.1%1942$91627.2%96.8%5.3%

All figures 2020–24.

Cities with similar populations: Susquehanna, PA · Creekside, PA · Deer Trail, CO · Delta, AL · Encinal, TX · Ferguson, NC · Silverwood, MI · Spring Lake, FL · Stanfield, AZ · Starksboro, VT

About these numbers

Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Dollar Bay. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.

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