Economy & Jobs — Iron County, Michigan

Employment

Total Establishments356
Total Employees2,465
Avg Annual Employment3,410
Avg Annual Pay$44,921
Total Annual Wages$153,168,265
Annual Payroll (thousands)$101,433
Unemployment Rate4.6%

Income

Median Household Income$52,241
Poverty Rate14.7%
IRS Returns5,650
Total AGI (thousands)$304,054
Average AGI per Return$53,815

Federal Spending

Total FY2024$108,849,332
Per Capita$9,359
Population Basis11,631

Agriculture

Total Farms104
Land in Farms (acres)19,704
Avg Farm Size (acres)190
Year2,022

Dining & Food Establishments

Full-service Restaurants15
Fast Food6
Bars5
Coffee & Snacks3

Data provenance: aggregated from town-level sources, county.json. Rebuilt 2026-04-13T15:43:28.540104+00:00; aggregated 2026-04-13T16:08:23.734276+00:00.