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Ironwood, MI Profile: Facts & Data

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Ironwood, Michigan - Basic Facts

The City of Ironwood had a population of 5,031 as of July 1, 2025.

The primary coordinate point for Ironwood is located at latitude 46.4547 and longitude -90.171 in Gogebic County. The formal boundaries for the City of Ironwood encompass a land area of 6.42 sq. miles and a water area of 0 sq. miles. Gogebic County is in the Central time zone (GMT -6).

The City of Ironwood has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Ironwood 2025 Demographic Data
  2. Growth Rates for Ironwood (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Michigan Research Tools (Easy Tools & Current Data)
  3. Michigan Data Comparison Tool - 2025 Demographics
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Ironwood, MI Data & Demographics (As of July 1, 2025)

POPULATION

Total Population 5,031 (100%)
Population in Households 4,956 (98.5%)
Population in Families 3,449 (68.6%)
Population in Group Quarters1 75 ( 1.5%)
Population Density 765
Diversity Index2 22
 
 

INCOME

Median Household Income $40,933
Average Household Income $61,350
% of Income for Mortgage4 12%
Per Capita Income $30,171
Wealth Index5 44
Socioeconomic Status Index6 Moderate (47.6)
 

HOUSING

Total HU (Housing Units) 3,064 (100%)
Owner Occupied HU 1,808 (59.0%)
Renter Occupied HU 664 (21.7%)
Vacant Housing Units 592 (19.3%)
Median Home Value $78,644
Average Home Value $104,978
Housing Affordability Index3 171
 

HOUSEHOLDS

Total Households 2,472
Average Household Size 2.00
Family Households 1,225
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2025 2025-2030
Population -0.05% -0.25%
Households 0.08% -0.14%
Families   -0.26%
Median Household Income   1.68%
Per Capita Income   2.37%
Owner Occupied HU   0.23%

Ironwood, MI - Peer Comparisons by Rank and Percentile

The table below compares Ironwood to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2025 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 # 180 76th
Population Density # 415 44th
Median Household Income # 721 3rd
Housing Affordability Index # 694 93rd
Per Capita Income # 543 27th
Diversity Index # 448 39th

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

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