Ishpeming, MI
Population 6,173 · Michigan
About Ishpeming, MI
Ishpeming is a small community in Michigan with a population of 6,173 residents. The median household income is $52,717 per year, which is near the national average. The median age in Ishpeming is 35.5 years.
Housing in Ishpeming has a median home value of $109,200 and median monthly rent of $688. Of the 2,857 total housing units, the majority are owner-occupied, with 1,767 owner-occupied and 721 renter-occupied units.
The unemployment rate in Ishpeming is 8.3% and the poverty rate is 17.5%. 26.3% of residents hold a bachelor's degree or higher. The average commute time is 18.9 minutes.
Cost of Living in Ishpeming, MI
Compared to national averages, Ishpeming has a median household income of $52,717 (30% below the national median of $75,149). Home values average $109,200, which is 55% below the national median. Monthly rent at $688 is 41% below the US average of $1,163. Within Michigan, Ishpeming's income is 20% below the state average of $66,017, and home values are 40% below the state median of $183,391.
Why Live in Ishpeming, MI?
Ishpeming offers affordable housing with a median home value of $109,200, below the US average of $244,900, and rent that’s lower than the national average at $688/month, and short commute times averaging just 18.9 minutes.
Potential considerations include median household income ($52,717) that falls below the national average. However, Ishpeming’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ishpeming has a population of 6,173 with a median age of 35.5 years. Compare Ishpeming with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Ishpeming
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Fenton | 6,168 | $112,676 | $372,800 | Compare |
| Rockford | 6,162 | $100,156 | $294,800 | Compare |
| Northville | 6,080 | $143,875 | $455,100 | Compare |
| Manistee | 6,275 | $59,315 | $144,400 | Compare |
| Milan | 6,070 | $93,016 | $233,700 | Compare |
| Huntington Woods | 6,322 | $188,229 | $470,600 | Compare |
| New Haven | 6,341 | $68,203 | $207,600 | Compare |
| Holly | 5,971 | $61,221 | $174,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Ishpeming
What is the population of Ishpeming, MI?
The population of Ishpeming, MI is 6,173 according to the latest Census data.
What is the median household income in Ishpeming?
The median household income in Ishpeming, MI is $52,717 per year.
What is the median home value in Ishpeming?
The median home value in Ishpeming, MI is $109,200.
What is the average rent in Ishpeming?
The median monthly rent in Ishpeming, MI is $688.
What is the unemployment rate in Ishpeming?
The unemployment rate in Ishpeming, MI is 8.3%.