Michigan Gazetteer
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The Dollar Bay CDP(1) had a population of 1,049 as of 2020-2024 American Community Survey 5-Year Estimates. 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 47.1196 and longitude -88.5115 in Houghton County. The formal boundaries for the Dollar Bay Census Designated Place 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 Dollar Bay Census Designated Place 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 Franklin, a minor civil division (MCD) of Houghton County.
Source: 2020-2024 American Community Survey 5-Year Estimates
POPULATION | |
|---|---|
| Total Population | 1,049 (100%) |
| Population Density | 267 per sq mi |
| Diversity Index1 | 7 |
INCOME | |
| Median Household Income | $61,250 |
| Per Capita Income | $34,085 |
| Median Home Value | $153,100 |
HOUSING | |
|---|---|
| Total HU (Housing Units) | 460 (100%) |
| Owner Occupied HU | 336 (73.0%) |
| Renter Occupied HU | 40 (8.7%) |
| Vacant Housing Units | 84 (18.3%) |
HOUSEHOLDS | |
| Total Households | 376 |
| Average Household Size | 2.79 |
| Family Households | 280 (74.5%) |
The table below compares Dollar Bay to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using 2020-2024 American Community Survey 5-Year Estimates 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 | # 435 | 42nd |
| Population Density | # 622 | 17th |
| Median Household Income | # 380 | 49th |
| Per Capita Income | # 329 | 56th |
| Diversity Index | # 683 | 8th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.
Also See: Nearby Hotels | Driving Directions
