Median Income
$53,202
household / year
Median Home Value
$106,200
owner-occupied
Median Rent
$599
gross / month
Cost of Living
89
national avg = 100

Is Ishpeming, MI a Good Place to Live?

Ishpeming is a small town of 6,191 in Michigan, with a median household income of $53,202 and a 7.7% unemployment rate. Its cost of living index is 89 (US average = 100), which is 11% below the national average.

Strengths: Ishpeming stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Ishpeming is right for you depends on your priorities — the full breakdown is below.

All Ishpeming city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 89.1

Ishpeming's overall cost of living index is 89.1, where 100 represents the US national average. Living in Ishpeming costs roughly 11% less than the average American city.

Metric Ishpeming, MI National Avg
Median Home Value $106,200 $244,900
Median Monthly Rent $599 $1,163
Homeownership Rate 73.1% 65.9%
Median Household Income $53,202 $74,755

Crime & Safety

Very Safe

Ishpeming's violent crime rate is 193.7 per 100,000 residents — 49% lower than the national average of ~380 per 100,000.

Violent Crime
193.7 /100k
Property Crime
887.8 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Ishpeming is served primarily by Ishpeming Public School District No. 1. The student-to-teacher ratio is 13.2:1 (better than the national average of ~16:1).

Metric Ishpeming, MI National Avg
School District Ishpeming Public School District No. 1
Elementary Schools 1
Middle Schools 1
High Schools 2
Student/Teacher Ratio 13.2:1 16:1
Bachelor's Degree or Higher 25.6% 35.4%
High School Diploma or Higher 93.5% 91.1%

Weather & Climate

Ishpeming sees average highs of 22.1°F in January and 77.6°F in July, with 30.2 inches of annual precipitation and 196.8 inches of snow per year.

MetricIshpeming, MI
Average High — January22.1°F
Average High — July77.6°F
Annual Precipitation30.2"
Annual Snowfall196.8"

Demographics

MetricIshpeming, MINational Avg
Population6,191
Median Age36.438.9
Unemployment Rate7.7%3.7%
Avg Commute Time18.3 min26 min
White (non-Hispanic)90.9%59.3%
Black or African American1.0%13.6%
Hispanic or Latino0.9%18.9%
Asian1.0%6.3%
Under 1823.2%22.2%
65 and over17.7%16.8%

Nearby Cities

ZIP Codes in Ishpeming

Ishpeming, MI is covered by 1 ZIP code:

Ishpeming vs Other Cities

Frequently Asked Questions

Ishpeming's cost of living index is 89, where 100 is the national average. That makes Ishpeming roughly 11% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $106,200 and median rent is $599/month.
Ishpeming's violent crime rate is 193.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 887.8 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Ishpeming are operated by Ishpeming Public School District No. 1. The district has 1 elementary, 1 middle, and 2 high schools. The student-to-teacher ratio is 13.2:1. 25.6% of adults 25+ hold a bachelor's degree or higher.
Ishpeming, MI has a population of 6,191, a median household income of $53,202, and an unemployment rate of 7.7%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Ishpeming averages 22.1°F in January and 77.6°F in July. Annual rainfall is 30.2 inches with about 196.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Ishpeming, MI is covered by 1 ZIP code: 49849.
The population of Ishpeming, Michigan is 6,191 with a median age of 36.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Ishpeming: cost of living index 89 (100 = US average), median home $106,200, median household income $53,202, crime index 47 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Ishpeming side by side with your current city to see the trade-offs.