Dollar Bay, Michigan Population 2022

1,057
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Dollar Bay is a city located in Houghton County Michigan. Dollar Bay has a 2020 population of 1,057. Dollar Bay is currently declining at a rate of -0.19% annually and its population has decreased by -0.38% since the most recent census, which recorded a population of 1,061 in 2010.

The average household income in Dollar Bay is $55,281 with a poverty rate of 3.09%. The median rental costs in recent years comes to $700 per month, and the median house value is $139,800. The median age in Dollar Bay is 34.9 years, 37.1 years for males, and 32.8 years for females.

Dollar Bay Demographics

According to the most recent ACS, the racial composition of Dollar Baywas:

  • White: 96.50%
  • Two or more races: 1.85%
  • Native Hawaiian or Pacific Islander: 0.62%
  • Other race: 0.62%
  • Black or African American: 0.41%
  • Native American: 0.00%
  • Asian: 0.00%
The current population of Dollar Bay, Michigan is 1,057 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 1,061.

Dollar Bay, Michigan Population 2022

Population by Race

Race Population Percentage
White93796.50%
Black or African American40.41%
Native Hawaiian and Other Pacific Islander60.62%
Some Other Race60.62%
Two or More Races181.85%
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Dollar Bay Population by Race

Dollar Bay Population Pyramid 2022

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Dollar Bay Median Age

40.8


Total

41.5


Male

40.1


Female

Dollar Bay Adults

There are 693 adults, (212 of whom are seniors) in Dollar Bay.

Dollar Bay Age Dependency

Age Dependency Ratio

44.1

Old Age Dependency Ratio

57.8

Child Dependency Ratio

Dollar Bay Sex Ratio

Female

493

50.77%

Male

478

49.23%

Dollar Bay Population by Age

Dollar Bay Renter vs Owner Occupied by Household Type

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Dollar Bay Household Types

Type Owner Renter
Male100%0%
Married90.4%9.6%
All84.8%15.2%
Non Family79.8%20.2%
Female42.1%57.9%

84.8%

Rate of Home Ownership

Dollar Bay Households and Families

Type Count Average Size Owned
All3622.6884.8
Married2093.5390.4
Male153100
Female19342.1
Non Family1191.1179.8

3.42

Average Family Size

2.68

Average Household Size

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Dollar Bay Households by Type

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Education Attained Count Percentage
Less Than 9th Grade183.01%
9th to 12th Grade315.18%
High School Graduate24540.97%
Some College12921.57%
Associates Degree7612.71%
Bachelors Degree7913.21%
Graduate Degree203.34%
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Dollar Bay Educational Attainment by Sex (over 25)

Dollar Bay Educational Attainment by Race

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Race Total High School Bachelors
White58253399
Islander66
Other Race22
2+ Races88
Hispanic22

The highest rate of high school graduation is among islander people with a rate of 100.00%.

The highest rate of bachelors degrees is among white people with a rate of 17.01%.

Dollar Bay Educational Attainment by Race

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Name Average Male Female
Overall$31,000$56,250$23,917
Less Than 9th Grade$$$
High School Graduate$24,917$53,472$19,833
Some College$35,547$55,000$32,321
Bachelors Degree$57,000$74,500$45,417
Graduate Degree$$$

$31,000

Average Earnings

$56,250

Average Male

$23,917

Average Female

Dollar Bay Earnings by Educational Attainment

Dollar Bay Language by Age

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Dollar Bay Language

98.15% of Dollar Bay residents speak only English, while 1.85% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 1.20% of the population.

Dollar Bay Language

Dollar Bay Poverty by Race

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3.09%

Overall Poverty Rate

3.14%

Male Poverty Rate

3.04%

Female Poverty Rate

Poverty in Dollar Bay

The race most likely to be in poverty in Dollar Bay is White, with 3.24% below the poverty level.

The race least likely to be in poverty in Dollar Bay is Other, with NaN% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.00%. Among those working part-time, it was 0.00%, and for those that did not work, the poverty rate was 5.91%.

Dollar Bay Poverty

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Name Poverty
Less Than 9th Grade12.24%
High School1.63%
Some College2.44%
Bachelors or Greater0.00%

Dollar Bay Poverty Rate by Education

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Rate Poverty
Male Employed0.00%
Male Unemployed0.00%
Female Employed0.00%
Female Unemployed0.00%

Dollar Bay Poverty Rate by Employment Status and Sex

Dollar Bay Income by Household Type

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Name Median Mean
Households$56,833$80,057
Families$71,406$102,814
Married Families$74,531-
Non Families$27,054$32,832
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Income by Household Type

Dollar Bay Marital Status

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Marriage Rates

61.2%

Overall Marriage Rate

67.0%

Male Marriage Rate

56.0%

Female Marriage Rate

Dollar Bay Married by Age and Sex

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Dollar Bay Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 35-44.

Dollar Bay Marital Status by Race

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Dollar Bay Marital Status

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64

Number of Veterans

Male Veterans

Female Veterans

War Veterans
Second Gulf War2
First Gulf War
Vietnam41
Korea8
World War II

Dollar Bay Veterans by War

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Age Group Veterans
18 to 34
35 to 542
55 to 642
65 to 7427
75+33

Dollar Bay Veterans by Age

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Dollar Bay Veterans by Race

Dollar Bay Veterans by Education

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0.00%

Veteran Poverty Rate

50.00%

Veteran Disability Rate

Dollar Bay Veterans by Education

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61.9%

Labor Force Participation

60.5%

Employment Rate

2.2%

Unemployment Rate

Dollar Bay Employment by Age

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Dollar Bay Employment by Race

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Dollar Bay Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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84.04%

Born in Dollar Bay

98.56%

Native Born

1.44%

Foreign Born

0.51%

Non Citizen

0.93%

Naturalized

Place of Birth

98.56% of Dollar Bay residents were born in the United States, with 84.04% having been born in Michigan. 0.51% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Dollar Bay Place of Birth

Note: 2021 and 2022 data is projected
Year Population Growth Annual Growth Rate
20101,0820.00%
20111,080-2-0.18%
20121,078-2-0.19%
20131,076-2-0.19%
20141,074-2-0.19%
20151,072-2-0.19%
20161,070-2-0.19%
20171,068-2-0.19%
20181,066-2-0.19%
20191,064-2-0.19%
20201,061-3-0.28%
20211,059-2-0.19%
20221,057-2-0.19%

Dollar Bay Population by Year