Dollar bay is located in Houghton county Michigan with a geographic area of 3.9 square miles. The total population in Dollar bay is 971 with 49.2% male and 50.8% female. Children under age 5 represent 5.4% of the population, under age 18 equal 28.6% of the population and over age 65 is 21.8% of the population. The median household income is $56,833, per capita income is $30,618. There are a total of 362 housing units with 84.8% owner occupied. Education includes 43.4% of residents that are high school graduates and 17.1% with a bachelor's degree or higher. The average temperature in Dollar bay in the summer is 67 degrees, and in the winter 23 degrees.