Dollar Bay vs Laurium

A side-by-side comparison of Dollar Bay and Laurium: population, income, housing, and more.

Dollar Bay and Laurium are places in Michigan. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Laurium has the higher population (1,486 vs 1,070 in Dollar Bay). Dollar Bay has the higher median household income ($63,500 vs $42,206 in Laurium). Dollar Bay has the higher median home value ($196,200 vs $87,600 in Laurium).

Population, income & housing

	Dollar Bay	Laurium
Population	1,070	1,486
Median age	31.2 yrs	48.3 yrs
Median household income	$63,500	$42,206
Median home value	$196,200	$87,600
Median gross rent	$800	$590
Housing units	441	993
Homeownership rate	87.3%	70.7%
Bachelor's degree or higher	22.1%	32.7%
Unemployment rate	1.6%	0.9%

Trends (ACS 5-year, 2019–2023)

	Dollar Bay	Laurium
Population	853 → 1,070 (+25.4%)	2,073 → 1,486 (-28.3%)
Median household income	$51,250 → $63,500 (+23.9%)	$40,125 → $42,206 (+5.2%)
Median home value	$118,500 → $196,200 (+65.6%)	$75,700 → $87,600 (+15.7%)
Median gross rent	$745 → $800 (+7.4%)	$525 → $590 (+12.4%)

Dollar Bay

Population

8531,070

Median household income

$51,250$63,500

Median home value

$118,500$196,200

Median gross rent

$745$800

Laurium

Population

2,0731,486

Median household income

$40,125$42,206

Median home value

$75,700$87,600

Median gross rent

$525$590

Age & race/ethnicity

Age distribution (share)

	Dollar Bay	Laurium
Under 5	8.5%	4.2%
5 to 17	23.5%	12.4%
18 to 24	11.7%	14.7%
25 to 34	10.4%	5.2%
35 to 44	11.4%	11.4%
45 to 54	8.8%	14.7%
55 to 64	9.5%	15.0%
65 to 74	9.5%	14.8%
75 and over	6.7%	7.5%

Race & ethnicity (share)

	Dollar Bay	Laurium
White (non-Hispanic)	95.7%	92.2%
Black or African American	1.1%	1.6%
American Indian & Alaska Native	0.0%	1.1%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.4%	0.0%
Some other race	0.0%	0.0%
Two or more races	1.8%	1.2%
Hispanic or Latino	1.0%	3.8%

Educational attainment (age 25+)

Share of adults 25+

	Dollar Bay	Laurium
No high school diploma	3.8%	8.0%
High school graduate	37.3%	31.3%
Some college or associate's	36.8%	27.9%
Bachelor's degree	16.6%	16.4%
Graduate or professional degree	5.5%	16.4%

Commute to work

How workers get to work (share)

	Dollar Bay	Laurium
Drove alone	86.4%	66.3%
Carpooled	5.5%	19.0%
Public transit	0.0%	0.0%
Walked	2.8%	4.6%
Bicycle	0.0%	0.0%
Worked from home	5.3%	6.2%
Other means	0.0%	3.9%

Housing

Units in structure (share)

	Dollar Bay	Laurium
1-unit, detached	85.5%	79.0%
1-unit, attached	0.0%	2.5%
2 to 4 units	2.0%	11.3%
5 to 19 units	2.9%	2.6%
20 or more units	0.0%	3.4%
Mobile home & other	9.5%	1.2%

Poverty & households

	Dollar Bay	Laurium
Poverty rate	12.5%	19.2%
Average household size	2.96	2.01
Mean commute (minutes)	19	16
Median year structure built	1973	1938