Dollar Bay, MI Profile: Facts, Map & Data


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Dollar Bay, Michigan - Basic Facts

The Dollar Bay Census Designated Place had a population of 1,122 as of July 1, 2016. Dollar Bay ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Dollar Bay is located at latitude 47.1269 and longitude -88.5067 in Houghton County. The formal boundaries for the Dollar Bay Census Designated Place (see map below) encompass a land area of 4.07 sq. miles and a water area of 0.56 sq. miles. Houghton County is in the Eastern time zone (GMT -5). The elevation is 627 feet.

The Dollar Bay Census Designated Place (GNIS ID: 2628663) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Dollar Bay Census Designated Place is located within Township of Osceola, a minor civil division (MCD) of Houghton County.

Beneath the boundary map are tables with Dollar Bay population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.

Neighborhood Data

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Dollar Bay Census Designated Place, MI Boundary Map

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Boundary Maps: Township of Osceola | Houghton County | Michigan Counties

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Dollar Bay, MI Data & Demographics (As of July 1, 2016)


Total Population 1,122
Population in Households 1,119
Population in Familes 859
Population in Group Qrtrs 3
Population Density1 276
Diversity Index2 7


Total Households 436
Average Household Size 2.57
Family Households 263
Average Family Size 3


Total Housing Units 501 (100%)
Owner Occupied HU 340 (67.9%)
Renter Occupied HU 96 (19.2%)
Vacant Housing Units 65 (13.0%)
Median Home Value $108,607
Average Home Value $145,528


Median Household Income $37,800
Average Household Income $57,457
Per Capita Income $23,765
  (Compound Annual Growth Rates)


2010-2015 2015-2020
Population 0.58% 0.02%
Households 0.37% -0.09%
Families -0.65% -0.23%
Median Household Income   1.7%
Per Capita Income   1.78%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Dollar Bay, MI - Peer Comparisons by Rank and Percentile

The table below compares Dollar Bay to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 415 40th
Population Density1 # 600 13th
Diversity Index2 # 660 5th
Median Household Income # 522 25th
Per Capita Income # 283 59th

Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.

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