Ironwood at a Glance
Population
5,088
Median Home Value
$67,700
Nat'l avg: $281,900
Median Rent
$491
Nat'l avg: $1,163
Median Income
$35,722
Nat'l avg: $74,580
Violent Crime
2.9 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Ironwood
Dive deeper into Ironwood with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Ironwood ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Ironwood
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Ironwood
Young Professionals
Best neighborhoods for career starters in Ironwood
Retiree Neighborhoods
Best neighborhoods for retirees in Ironwood
Living In Guide
Complete guide to life in Ironwood — cost, safety, schools & more
All Neighborhoods
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About Ironwood
Ironwood, Michigan, is a hidden gem for those seeking a tranquil and budget-friendly lifestyle. Imagine owning a home for a fraction of the national median, with Ironwood's median home value sitting at an astonishing $67,700. This remarkable affordability opens doors for first-time homebuyers or those looking to downsize and simplify their lives. While the median household income of $35,722 is notably lower than the national average, the cost of living here makes it go much further. The atmosphere is relaxed, with a strong sense of community, perfect for those who appreciate the simple pleasures of life. From an investment perspective, Ironwood offers a unique opportunity. While the job market is less robust than in larger metropolitan areas, the incredibly low cost of entry into the housing market makes it attractive. The town's small population of 5,088 fosters a safe environment, ideal for families or retirees seeking peace of mind. Ironwood is best suited for individuals or couples who value affordability, a close-knit community, and a slower pace of life. It's a place where you can truly put down roots without breaking the bank.