Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Iron Mountain, Michigan is a smaller city with a population of 7,517 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (95% White). Given that fact, Iron Mountain could be considered less diverse than other cities. If you are not a fan of long commutes, you will enjoy living in Iron Mountain. With an average one way commute time of only 12 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Are you trying to figure out if living in Iron Mountain is the right fit for your lifestyle? To ensure a good experience before moving to any new city in Michigan, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like cost of living, employment, housing and other key data points, finding the best places to live in Iron Mountain and in the areas around Iron Mountain is a much easier task.
The livability score in Iron Mountain is 71 out of 100 and the city is ranked in the 78th percentile of all cities across America. There are nine total categories that create the livability score. Iron Mountain ranks well for housing (A+) Iron Mountain does not rank well for the following: amenities (F) and crime (D-). It might be wise to take a closer look at each category to find out why.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Iron Mountain apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that Iron Mountain meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Iron Mountain. Everything else becomes a lot less important if it turns out that home prices in Iron Mountain are simply unattainable. Median real estate prices in Iron Mountain come in at $174,097, which is 26.2% lower than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Iron Mountain, the home price to income ratio is 2.5, which is 21.9% lower than the Michigan average.
| Statistic | Iron Mountain | Michigan | National |
| Average one way commute | 12min | 24min | 26min |
| Workers who drive to work | 79.8% | 82.5% | 76.4% |
| Workers who carpool | 10.0% | 8.8% | 9.3% |
| Workers who take public transit | 0.0% | 1.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 2.1% | 2.2% | 2.8% |
| Working from home | 5.8% | 3.7% | 4.6% |
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