Iron River vs Addison
Side-by-side comparison
How does Iron River, MI compare to Addison, MI? Iron River has a population of 3,009 with a median household income of $48,750, while Addison has 585 residents and a median income of $53,056. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Iron River, MI | Addison, MI | Difference |
|---|---|---|---|
| Population | 3,009 | 585 | +414.4% |
| Median Age | 41.4 | 35.7 | +16.0% |
| Foreign Born % | 0.7% | 0% | +70.0% |
| Metric | Iron River | Addison | Difference |
|---|---|---|---|
| Median Income | $48,750 | $53,056 | -8.1% |
| Unemployment | 4.3% | 8.1% | -46.9% |
| Poverty Rate | 23.2% | 23.2% | 0.0% |
| Bachelor's+ | 16.5% | 9.8% | +68.4% |
| Metric | Iron River | Addison | Difference |
|---|---|---|---|
| Home Value | $75,000 | $132,700 | -43.5% |
| Median Rent | $435/mo | $668/mo | -34.9% |
| Housing Units | 1,858 | 261 | +611.9% |