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The total population of Iron Mountain is estimated to be 7,522 with 4,029 males (53.56%) and 3,493 females (46.44%). There are 536 less females than males in Iron Mountain.
The median household income in Iron Mountain was $54,153 in 2021, which marked an a decrease of 335(0.61%) from $54,488 in 2020. This income is 72.59% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Iron Mountain sees its highest median household income among householders in the age group of 45 to 64 years old, at $61,690. Overall, the median household income for the city of Iron Mountain stands at $54,153.
In Iron Mountain, the median income for all workers aged 15 years and older, regardless of work hours, was $36,320 for males and $23,116 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,286 for males and $39,806 for females.
In Iron Mountain, there are just two different racial groups among households. Among these, Asian households report a median household income of $79,295, while White households have a median household income of $52,639.
In 2022, the population of Iron Mountain was 7,495, a 0.23% increase year-by-year from 2021. Previously, in 2021, Iron Mountain's population was 7,478, a decline of 0.33% compared to a population of 7,503 in 2020.
The median age in Iron Mountain, MI is 43.2, as per 2021 ACS 5-Year Estimates. Of the total population, 16.68% were under the age of 15, 15.70% aged 15 to 29, 48.08% aged 30 to 64, 15.75% aged 65 to 84, and 3.78% were 85 years of age and older.
Racial distribution of Iron Mountain population: 93.96% are White, 1.45% are Black or African American, 1.72% are American Indian and Alaska Native, 0.84% are Asian, 0.29% are some other race and 1.74% are multiracial.