Ironwood 70 Good
Ironwood Livability #296 ranked city in Michigan#7,364 ranked city in the USARanks better than 74% of areas

Pros and Cons of Living in Ironwood

PROS
  • 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.

  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • 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.

  • Ratings

    Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.

CONS
  • 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.

  • Employment

    The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.

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What's it like Living in Ironwood?

Ironwood is a small city located in the state of Michigan. The city has a population of 4,925 residents. The majority of Ironwood residents report their race to be White; this is followed by Black and Asian. The Ironwood population appears to be aging at a faster rate than normal. The median age is currently 50, which is on the high side when compared to most other cities. Not a fan of sitting in traffic during your commute to work? Ironwood offers shorter work commutes, with an average one-way commute time taking only 17 minutes, far lower than the national average of 26 minutes.

If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a good experience if you are willing to get to know the area before actually living in Ironwood, Michigan. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like cost of living, education, employment, housing and other key data points, finding the best places to live in Ironwood and in the areas around Ironwood is a much easier task.

Using data and statistics Ironwood has received a livability score of 69/100. This score is ranked in the 74th percentile when compared to all other cities. There are nine total categories that create the livability score. Ironwood scores well for crime (A+) and housing (B-) Ironwood does not do well for the following: amenities (F) and employment (F). It might be a smart idea to take a closer look at each category to find out why.

Striving for a cost-effective lifestyle becomes increasingly essential, especially in light of the ongoing upward trajectory of everyday goods and services. In Ironwood, residents enjoy the privilege of a cost of living that is 23.87% below the national average. This favorable positioning extends its influence across a broad spectrum of expenses, encompassing not only goods and services but also housing costs, groceries and healthcare costs. Consequently, this locale emerges as a hub where your financial resources go further, allowing you to maintain an economical and sustainable way of life. This affordability becomes increasingly significant in an era marked by escalating expenses, rendering Ironwood an appealing destination for those in pursuit of financial prudence without sacrificing their quality of life.

Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 100 crimes per 100,000 residents, Ironwood has a violent crime rate that is far below the national average.

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 Ironwood 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.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Ironwood is actually affordable. Median real estate prices in Ironwood come in at $52,800, which is 58.7% lower than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Ironwood, the home price to income ratio is 1.9, which is 24% lower than the Michigan average.

Best Places to Live in and Around Ironwood

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Compare Ironwood, MI Livability

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      Ironwood transportation information

      Statistic Ironwood Michigan National
      Average one way commute17min24min26min
      Workers who drive to work80.6%82.5%76.4%
      Workers who carpool9.1%8.8%9.3%
      Workers who take public transit0.6%1.4%5.1%
      Workers who bicycle2.5%0.5%0.6%
      Workers who walk3.4%2.2%2.8%
      Working from home3.2%3.7%4.6%
      Source: The Ironwood, MI data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).