2025 Compare Cities Economy:
Ishpeming, MI vs Iron River, MI

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Highlights
- Household income in Iron River, is 20% less than it is in Ishpeming and is 74% below the National Average.
- Ishpeming unemployment rate is 5.9%.
- Iron River unemployment rate is 6.8%.
 Ishpeming, MIIron River, MIUnited States
 Unemployment Rate  Unlock6.8%6.0%
 Recent Job Growth  Unlock0.8%1.6%
 Future Job Growth19.8%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock4.3%4.6%
 Income per Cap.$26,326  Unlock$37,638
 Household Income  Unlock$39,775$69,021
 Family Median Income$63,460  Unlock$85,028
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 Est. Households By Income
 Ishpeming, MIIron River, MIUnited States
 Income Less Than 15K  Unlock12.8%9.4%
 Income between 15K and 20K4.5%  Unlock3.8%
 Income between 20K and 30K  Unlock13.5%8.1%
 Income between 30K and 40K10.6%  Unlock8.0%
 Income between 40K and 50K  Unlock8.7%7.6%
 Income between 50K and 60K7.7%  Unlock7.2%
 Income between 60K and 75K  Unlock13.7%9.6%
 Income between 75K and 100K18.4%  Unlock12.8%
 Income between 100K and 150K  Unlock10.8%16.3%
 Income between 150K and 200K1.2%  Unlock7.8%
 Income greater than 200K  Unlock0.0%9.5%
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 Population By Occupation
 Ishpeming, MIIron River, MIUnited States
 Management, business, finance9.2%  Unlock16.4%
 Engineering, computers, science  Unlock0.1%6.5%
 Community, social services2.2%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library5.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.0%2.0%
 Healthcare practitioners and technology7.8%  Unlock6.2%
 Healthcare support  Unlock7.5%3.3%
 Firefighters, law enforcement0.9%  Unlock2.1%
 Food preparation, serving  Unlock13.8%5.4%
 Building maintenance4.0%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support20.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair10.5%  Unlock8.1%
 Production, transportation, material moving  Unlock19.1%13.1%
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