Dollar Bay is a city located in Houghton County Michigan. Dollar Bay has a 2024 population of 1,126. Dollar Bay is currently declining at a rate of -2.51% annually but its population has increased by 15.96% since the most recent census, which recorded a population of 971 in 2020.
The average household income in Dollar Bay is $93,708 with a poverty rate of 12.58%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Dollar Bay is 31.2 years, 30.6 years for males, and 32.8 years for females.
According to the most recent ACS, the racial composition of Dollar Bay was:
White
Two or more races
Black or African American
Native Hawaiian or Pacific Islander
Native American
Asian
Other race
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 418 | 2.83 | 85.2 | 14.8 |
| Married | 238 | 3.79 | 92 | 8 |
| Non Family | 133 | 1.15 | 76.7 | 23.3 |
| Female | 24 | 3.33 | 50 | 50 |
| Male | 23 | 2.13 | 100 | 0 |
3.54
Average Family Size
2.83
Average Household Size
85.2%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among black people with a rate of 100%.
The highest rate of bachelors degrees is among white people with a rate of 17.9%.
All
Male
Female
$41,250
Average Earnings
$52,500
Average Male
$26,458
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
98.19% of Dollar Bay residents speak only English, while 1.81% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 1.81% of the population.
rate
12.58%
Overall Poverty Rate
12.74%
Male Poverty Rate
12.41%
Female Poverty Rate
The race most likely to be in poverty in Dollar Bay is Black, with 75% below the poverty level.
The race least likely to be in poverty in Dollar Bay is White, with 12.59% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 5.28%. Among those working part-time, it was 5.86%, and for those that did not work, the poverty rate was 17%.
Married
Widowed
Divorced
Separated
NeverMarried
55.7%
Overall Marriage Rate
56.6%
Male Marriage Rate
54.8%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 35-44.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
8.93%
Veteran Poverty Rate
53.57%
Veteran Disability Rate
LaborForceParticipation
66.2%
Labor Force Participation
63.9%
Employment Rate
2.7%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
84.88%
Born in Dollar Bay
98.73%
Native Born
1.27%
Foreign Born
0.34%
Non Citizen
0.93%
Naturalized
98.73% of Dollar Bay residents were born in the United States, with 84.88% having been born in Michigan. 0.34% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2024 | 1,126 | -29 | -2.51% |
| 2023 | 1,155 | -29 | -2.45% |
| 2022 | 1,184 | -29 | -2.39% |
| 2021 | 1,213 | 242 | 24.92% |
| 2020 | 971 | 118 | 13.83% |
| 2019 | 853 | -102 | -10.68% |
| 2018 | 955 | 142 | 17.47% |
| 2017 | 813 | 30 | 3.83% |
| 2016 | 783 | -5 | -0.63% |
| 2015 | 788 | -108 | -12.05% |
| 2014 | 896 | 71 | 8.61% |
| 2013 | 825 | -71 | -7.92% |
| 2012 | 896 | 80 | 9.8% |
| 2011 | 816 | -266 | -24.58% |
| 2010 | 1,082 | 0 | 0% |