Economy & Jobs — Iron Mountain, Michigan

Income & Employment

Median Household Income (Census)$59,405
Estimated 2026~$64,500
Per Capita Income$33,367
Poverty Rate13.5%
Unemployment Rate4.2%
In Labor Force3,663

Top Industries

IndustryShare
Education Healthcare19.0%
Manufacturing15.5%
Retail12.6%

Local Businesses (County)

TypeCount
Full Service Restaurants24
Fast Food19
Commercial Banks16
Physician Offices16
Gas Stations14
Insurance Agencies13
Dental Offices13
Auto Repair12
Hotels Motels12
Bars11
Beauty Salons10
Chiropractors10
General Merchandise9
Law Offices8
Accounting Firms8
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.