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 1,109 as of July 1, 2017. 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, 2017.


EXTREMELY LOCAL Demographic Data

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Dollar Bay Census Designated Place, MI Boundary Map



Also See: BIG Map | Driving Directions | MI Congressional Districts
Boundary Maps: Township of Osceola | Houghton County | Michigan Counties

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Dollar Bay, MI Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 1,109
Daytime Population: Workers 413
Daytime Population: Residents 578
Total Daytime Population (TDP) 991
Ratio TDP/Total Population1 0.89
Population in Households 1,106
Population in Familes 848
Population in Group Qrtrs 3
Population Density2 272
Diversity Index3 8
 

INCOME

Median Household Income $38,721
Average Household Income $58,763
Per Capita Income $24,648

HOUSING

Total Housing Units 496 (100%)
Owner Occupied HU 339 (68.3%)
Renter Occupied HU 98 (19.8%)
Vacant Housing Units 60 (12.1%)
Median Home Value $115,196
Average Home Value $152,868
 

HOUSEHOLDS

Total Households 436
Average Household Size 2.54
Family Households 262
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. 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 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.34% -0.05%
Households 0.32% 0.0%
Families -0.62% -0.15%
Median Household Income   2.59%
Per Capita Income   2.84%

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, 2017 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 # 414 40th
Population Density # 600 13th
Diversity Index # 659 5th
Median Household Income # 548 21st
Per Capita Income # 294 58th

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

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