About this dataset

Context

The dataset tabulates the data for the Iron River, MI population pyramid, which represents the Iron River population distribution across age and gender, using estimates from the U.S. Census Bureau American Community Survey 5-Year estimates. It lists the male and female population for each age group, along with the total population for those age groups. Higher numbers at the bottom of the table suggest population growth, whereas higher numbers at the top indicate declining birth rates. Furthermore, the dataset can be utilized to understand the youth dependency ratio, old-age dependency ratio, total dependency ratio, and potential support ratio.

Key observations

• Youth dependency ratio, which is the number of children aged 0-14 per 100 persons aged 15-64, for Iron River, MI, is 30.6.
• Old-age dependency ratio, which is the number of persons aged 65 or over per 100 persons aged 15-64, for Iron River, MI, is 32.2.
• Total dependency ratio for Iron River, MI is 62.8.
• Potential support ratio, which is the number of youth (working age population) per elderly, for Iron River, MI is 3.1.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Age groups:

• Under 5 years
• 5 to 9 years
• 10 to 14 years
• 15 to 19 years
• 20 to 24 years
• 25 to 29 years
• 30 to 34 years
• 35 to 39 years
• 40 to 44 years
• 45 to 49 years
• 50 to 54 years
• 55 to 59 years
• 60 to 64 years
• 65 to 69 years
• 70 to 74 years
• 75 to 79 years
• 80 to 84 years
• 85 years and over

Variables / Data Columns

• Age Group: This column displays the age group for the Iron River population analysis. Total expected values are 18 and are define above in the age groups section.
• Population (Male): The male population in the Iron River for the selected age group is shown in the following column.
• Population (Female): The female population in the Iron River for the selected age group is shown in the following column.
• Total Population: The total population of the Iron River for the selected age group is shown in the following column.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Iron River Population by Age. You can refer the same here