Dollar Bay, MI
1,049Residents
$61,250Median household income
$825/moMedian gross rent
$153,100Median home value
31.3Median age
23%Adults with a bachelor’s degree or higher
89%Homes lived in by their owners
2.5×Home value to household income
Median rent takes about 16% of the median household income in Dollar Bay.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $33,000 a year. In Michigan that leaves roughly $2,274 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.