The median home value in Dollar Bay, MI is $377,500. This is higher than the county median home value of $126,400. The national median home value is $338,100. The average price of homes sold in Dollar Bay, MI is $377,500. Approximately 71.51% of Dollar Bay homes are owned, compared to 14.91% rented, while 13.58% are vacant. Dollar Bay real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Dollar Bay real estate agent to arrange a tour today!
Dollar Bay, Michigan has a population of 1,213. Dollar Bay is more family-centric than the surrounding county with 40.75% of the households containing married families with children. The county average for households married with children is 30.83%.
The median household income in Dollar Bay, Michigan is $57,031. The median household income for the surrounding county is $48,623 compared to the national median of $69,021. The median age of people living in Dollar Bay is 37.2 years.
The average high temperature in July is 75.6 degrees, with an average low temperature in January of 6.6 degrees. The average rainfall is approximately 31.5 inches per year, with 205.6 inches of snow per year.