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Iron Mountain Michigan Real Estate By Jennifer Hershey

Iron Mountain Michigan Real Estate

Iron Mountain, Michigan, is located in Dickinson County, 94 miles N of Green Bay, Wisconsin and 196 miles N of Milwaukee, Wisconsin. Iron Mountain has a population of 8,154.

Iron Mountain Homes

Iron Mountain properties pool is 3,464 residential properties including Iron Mountain new homes. Median age of real estate in Iron Mountain is 1943. Average Household size is 2.94 people. 2% are one bedroom homes, 27% are 2 bedroom homes, 50% are 3 bedroom homes, 19% are 4 bedroom homes, and 1% are 5+ bedroom homes.

Iron Mountain Mortgage Statistics

Iron Mountain mortgages vs. USA median statistics

Homes Iron Mountain USA
Homes With No Mortgage 43%
30%
Homes With Mortgage 57%
70%
First Mortgage Only 43%
54%
First & Second Mortgage or HELOC 14%
16%

Iron Mountain Area Real Estate Tax

Iron Mountain Real estate Tax: Median Real Estate Taxes (2000) were $1,215 comparing to 1999 Median Family income $ 43,687. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Iron Mountain School District: Children make up 25.1% of Iron Mountain population. Iron Mountain has 2,044 under 18 years old residents, or 0.59 kids per one worker, or 0.59 kids per one household.

Iron Mountain Real Estate & Iron Mountain Homeownership

There are 1212.4 or 35% one person households, 1177.76 or 34% two person households, and 484.96 or 14% three person households in Iron Mountain, Michigan. Median residents age is 39.4, Senior citizens (65+) make up 1,597 or 19.6%% of Iron Mountain population.

There are 3,472 workers (over 16 years of age) in Iron Mountain. Of these, 89.6% drive to work. Approximately 0% of workers in Iron Mountain take public transportation. An estimated 6.83% walk to work.

Median Iron Mountain homeowner's housing expences are 14.6%

Crime in Iron Mountain (2003), crimes per 10,000 residents per year

Type of Crime Iron Mountain USA, 2003
Violent Crimes
17.17
47.5
Robberies
1.23
14.2
Aggravated Assaults
11.04
29.5
Property Crimes
311.5
358.8
Burglaries
23.3
74.0
Larceny-Thefts
275.94
241.5
Motor Vehicle Thefts
12.26
43.3

Invest in Iron Mountain Properties

When making a decision about buying real estate in Iron Mountain Michigan area, you should consider following statistical data:

Category Iron Mountain USA
Near Medium City
Green Bay, Wisconsin
-
Near Large City
Milwaukee, Wisconsin
-
Iron Mountain Zip Codes
49801, 49802, 49831
-
Iron Mountain Area Codes
906
-
White population
97.67%
75.1%
African-American population
0.2%
12.3%
Asian
0.66%
3.6%
American Indian & Alaskan
0.48%
0.9%
Hispanic (of any race)
1.07%
12.5%
Median Family Income (1999)
$ 43,687%
$42,000
Population Below Poverty Level
10.25%
12.4%

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See Also:

Reinventing Real Estate, Part 1: Online and Empowered Consumers Are Taking Charge and Paying Less
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Successful Real Estate Investing
One of the best roads to wealth in America has always been the acclimation and development of good, solid, income-producing real estate. Real estate ownership is one of the best ways to achieve financial independence for the average person. But in order to be a successful real estate investor, you ... more...

Investing In Real Estate Investors
With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as Cap Rate, & Cash-on-Cash Returns. Terms that only the smart and ... more...

Real Estate Investing The Job Escape
Real estate investing is pretty unusual in lots of ways. Real estate investing is creative. Real estate investing is risk-taking excitement. Real estate investing is diverse activity. Most of all, real estate investing is very profitable.I'll never forget the words of one of my professors who said, ... more...


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