Dollar Bay vs Farwell
Side-by-side comparison
How does Dollar Bay, MI compare to Farwell, MI? Dollar Bay has a population of 1,070 with a median household income of $63,500, while Farwell has 1,086 residents and a median income of $40,667. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Dollar Bay, MI | Farwell, MI | Difference |
|---|---|---|---|
| Population | 1,070 | 1,086 | -1.5% |
| Median Age | 31.2 | 39.5 | -21.0% |
| Foreign Born % | 1% | 0.6% | +40.0% |
| Metric | Dollar Bay | Farwell | Difference |
|---|---|---|---|
| Median Income | $63,500 | $40,667 | +56.1% |
| Unemployment | 1.6% | 5.3% | -69.8% |
| Poverty Rate | 12.5% | 26.3% | -52.5% |
| Bachelor's+ | 22.1% | 11.8% | +87.3% |
| Metric | Dollar Bay | Farwell | Difference |
|---|---|---|---|
| Home Value | $196,200 | $95,800 | +104.8% |
| Median Rent | $800/mo | $496/mo | +61.3% |
| Housing Units | 441 | 451 | -2.2% |