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Dollar Bay, MI

Census-designated place in Houghton County, Michigan. ZIP codes: 49922.

Population

1,049

Land area

3.9sq mi

People per sq mi

267

ZIP codes

1

Dollar Bay and its ZIP codes

Dollar Bay at a glance

  • Dollar Bay is 50% denser than Michigan as a whole.
  • Households here earn a median of $61,250 a year, 16% less than the Michigan figure of $72,875.
  • A typical owner-occupied home is valued at $153,100 (34% below Michigan) and median rent is $825 a month.

Local data for Dollar Bay, MI

Counts from official public data

Housing and community stats

Dollar Bay, MI, American Community Survey 2020-2024

Full profile

Median household income

$61,250

Poverty rate

13.5%

Median home value

$153,100

Median rent

$825/mo

Homeownership

89.4%

Bachelor's or higher

23.1%

Median age

31.3

Average commute

17.4 min

Largest reported origins and ancestries: German Americans (125), Irish Americans (96), French Americans (61).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Houghton County. PPP loans are for Dollar Bay.

Details

Unemployment rate

5.1%

Aug 2026, -0.6 pts in a year

Average annual pay

$57,656

12,476 jobs, 2025

Income per person

$47,874

BEA, 2024

Federal spending

$319M

FY 2026, $8,544 per person

PPP loans

$1.42M

23 loans, 216 jobs reported

Houghton County economyFederal spendingPPP loans

How people get to work

Dollar Bay, MI, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone80.5%
  • Carpooled8.6%
  • Public transit0.0%
  • Walked5.2%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other0.0%
  • Worked from home5.7%

Average one-way commute: 17.4 minutes for people who do not work from home.

Environment and hazard risk

Dollar Bay, MI, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Very Low

Top: winter weather

Storm events since 1996

978

Countywide, mostly winter weather

Flood insurance policies

9

0.1% of homes, county

July high / Jan low

75° / 10°F

Hazards, floods and storm historyCheck a flood zone

Health statistics

Share of adults in Dollar Bay, MI, CDC PLACES estimates

All 40 measures

Obesity

34.8%

U.S. 33.3% +1.5 pts

Diabetes

10.1%

U.S. 12.1% -2.0 pts

Smoking

13.1%

U.S. 12.8% about the same

Uninsured (18-64)

5.2%

U.S. 11.1% -5.9 pts

ZIP codes in Dollar Bay

1 in or overlapping Dollar Bay. Population shown

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Cities near Dollar Bay

Frequently asked questions

What county is Dollar Bay, MI in?
Dollar Bay is in Houghton County, Michigan.
What ZIP codes are in Dollar Bay, MI?
ZIP codes in or overlapping Dollar Bay include 49922.
What is the population of Dollar Bay, MI?
About 1,049 people live in Dollar Bay, based on American Community Survey 5-year estimates.
What cities are near Dollar Bay?
Nearby places include Houghton (3.2 mi), Hurontown (3.3 mi), Dodgeville (4.3 mi), Hancock (4.6 mi), Hubbell (4.6 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023