Michigan / County

Moving to Dollar Bay, MI

Thinking of making a move to Dollar Bay, MI? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Dollar Bay, MI

Considering a move to Dollar Bay, MI? This welcoming community of 1,240 residents offers a blend of suburban charm and convenience, with median home prices around $165,000 and average rents near $820. Commute times average 18 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (48% annually), ideal for families and commuters alike. Explore Dollar Bay's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Dollar Bay, MI

Dollar Bay has a population of 1,240 residents, offering a diverse community with a median age of nearly 46 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 97% White, 0% Black, and 1% Asian residents, and over 2% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
1,240
Density
1,150 per sq mi
Median Age
45.8
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
1.6%

Ethnic Composition

White
97.2%
Black
0.3%
Asian
0.7%
Others
1.8%

Cost Of Living

What is the average cost of living in Dollar Bay, MI?

The cost of living in Dollar Bay is higher than the national average, with a cost of living index of 88.4. Median home values are around $165,000 and average rents for a two-bedroom apartment are approximately $820. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$165,000
Gross Rent
$820
Monthly Electricity Charges
$118
Auto Insurance
$1,420
House Owner Cost With Mortgage
$1,360
House Owner Cost Without Mortgage
$520
State Taxes
Low: 4.25%| High: 4.25%
Cost Of Living Index
88.4
Grocery
93.1
Housing
74.8
Utilities
96.5
Transportation
91.2
Health Care
97.4
Miscellaneous
90.3

Crime

Is Dollar Bay, MI a safe place to live?

Dollar Bay is considered a safe community, with a low violent crime rate of 112 incidents per 100,000 residents and a property crime chance of 1 in 147. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Michigan.

Violent Crimes Per 100k
112
Property Crimes Per 100k
680
Crime Index
792
Chance Of Violent Crime
1 in 893
Chance Of Property Crime
1 in 147

Weather

What is the weather like in Dollar Bay, MI year-round?

Dollar Bay experiences four distinct seasons, with warm summers reaching highs of 76°F and cold winters dipping to 6°F. The area receives about 34 inches of rainfall annually and enjoys sunshine on 48% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
6°F
Max
25°F

Summer

Min
54°F
Max
76°F

Spring

Min
29°F
Max
54°F

Fall

Min
34°F
Max
58°F
Average Rainfall Inches
33.8 inches
Sunny Days Percentage
48%

Neighbors

The neighborhood boasts a healthy median household income of $72,000 and a low poverty rate of 10.8%. Over 94% of residents have at least a high school diploma, and nearly 22% hold a bachelor's degree or higher. Commute times average 18 minutes, and almost 2% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$49,500
Household Income
$72,000
Family Income
$86,500
Per Capita Income
$31,200
Income Male
$52,000
Income Female
$39,500
Poverty Rate
10.8%
Non English Speakers
4.1%
Rent
$820
Unemployment Rate
5.1%
Public Transport Usage
1.8%
Commute Time
18.4 minutes

Education

High School or Higher
94.1%
Bachelors or More
21.6%

Education

How are the schools in Dollar Bay, MI?

Dollar Bay offers quality education options, with public schools like Dollar Bay-Tamarack City Area Schools and Houghton-Portage Township Schools known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Michigan Technological University and Finlandia University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Dollar Bay-Tamarack City Area Schools
Street
48475 Maple St
Phone
906-482-5360
Students
360
Student Teacher Ratio
13.5
Name
Houghton-Portage Township Schools
Street
203 W Jacker Ave, Houghton
Phone
906-482-0450
Students
1,450
Student Teacher Ratio
14.1

Private Schools

Name
St. Ignatius Catholic School
Street
301 Michigan St, Houghton
Phone
906-482-0611
Students
120

Colleges

Name
Michigan Technological University
City
Houghton
State
MI
Distance
6 miles
Students
7,000
Name
Finlandia University
City
Hancock
State
MI
Distance
9 miles
Students
500

Healthcare

Dollar Bay residents have access to quality healthcare, with major hospitals like UP Health System - Portage and Aspirus Ironwood Hospital nearby. The community benefits from a high physician-to-resident ratio of 1.8 per 1,000 people and 93.8% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
UP Health System - Portage
Address
400 MacInnes Dr, Houghton, MI 49931
Phone
(906) 483-1000
Type
General & Surgical
Emergency Services
Yes
Name
Aspirus Ironwood Hospital
Address
N10561 Grand View Ln, Ironwood, MI 49938
Phone
(906) 932-2525
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.8
Health Insurance Coverage
93.8%
Health Care Index
68.9

Housing Market

What is the housing market like in Dollar Bay, MI?

The local housing market is strong, with a median home price of $165,000 and an owner-occupied rate of nearly 79%. The market has seen a 3.9% appreciation over the past year, and rental vacancy rates remain moderate at 7.1%. Dollar Bay offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$165,000
Average Rent For 2 Bedroom
$820
Owner Occupied Rate
79.4%
Rental Vacancy Rate
7.1%
Home Appreciation Rate (1yr)
3.9%
New Construction Rate
0.8%
Foreclosure Rate
0.4%

DMV Information

Residents of Dollar Bay handle vehicle services through the Michigan Secretary of State, conveniently located in Lansing. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Michigan
Department
Michigan Secretary of State
Address
7064 Crowner Dr, Lansing, MI 48918
Phone
(888) 767-6424

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Dollar Bay, MI

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Dollar Bay, review the core fields on this page: population 1,240, median home value $165,000, average rent for 2 bedroom $820, commute time 18.4 minutes, and sunny days percentage 48%.

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