B-

Ishpeming, MI

Source:

Affordability Score: 68/100

Population: 12,242 · 1 ZIP codes

The affordability dashboard for Ishpeming, MI aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 12,242 residents, then layers in county-level federal data to produce an overall grade of B- (68/100). The headline inputs are median household income of $67,518, median home value of $152,100, median rent of $770 per month, and 28.1% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,137 per month (studio $784, 1BR $973, 3BR $1,363, 4BR $1,665). Department of Labor data lists infant center-based childcare at $7,417 per year, consuming 11% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Ishpeming, MI include housing, rent. Unemployment currently reads 5.8% and poverty 12.8% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C
$67,518
Median household income
Education D
28.1%
Bachelor's degree or higher
Housing A
2.3x
Home value $152,100 vs income
Commute B-
22 min
Average commute time
Rent B+
$1,137/mo
2BR fair market rent (20% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare B
$7,417/yr
Center-based infant care (11% of income)

Income & Employment

Median Income
$67,518
▲ 9% vs national
Per Capita Income
$34,073
Unemployment Rate
5.8%
Poverty Rate
12.8%

Housing

Median Home Value
$152,100
▼ 45% vs national
Median Rent
$770/mo
Owner Occupied
80.8%
2BR Fair Market Rent
$1,137/mo
▼ 5% vs national

Fair Market Rents by Bedroom

Studio
$784
1BR
$973
2BR
$1,137
3BR
$1,363
4BR
$1,665

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
28.1%
▼ 2 ppt vs national
High School+
58.0%
Median Age
38.6
Avg. Commute
22 min
▼ 4 min vs national

Childcare Costs

Infant (Center)
$7,417/yr
11% of income
Toddler (Center)
$7,530/yr
Preschool (Center)
$7,530/yr
School-Age (Center)
$7,259/yr

What This Means

Ishpeming, MI receives an overall affordability grade of B- (68/100), aggregated from 1 ZIP codes with a total population of 12,242. This area performs well in housing and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Ishpeming ZIP Codes
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What are common questions about this dashboard?

Is Ishpeming, MI affordable?
Ishpeming, MI receives an overall affordability grade of B- (68/100) based on Census, HUD, FBI, and DOL data. Median household income is $67,518. Median home value is $152,100.
What is the cost of living in Ishpeming?
Key cost metrics: Median rent $770/mo. 2BR fair market rent $1,137/mo. Infant childcare $7,417/yr. Median home value $152,100.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →