At a Glance
Median Income
$102,262
$44,261 per capita
Home Value
$275,800
Zillow: $371,291
Median Rent
$1,014/mo
28.4% of income on rent
Bachelor's Degree+
35.6%
97.5% high school+
Unemployment
2.5%
2.2% poverty rate
Obesity Rate
32.0%
11.0% smoking rate
How Ely Compares to the U.S. Average
Each bar shows Ely's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Ely a Good Place to Live?
A+
4.6 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Ely residents earn a median household income of $102,262 , which is 36% above the national average of $75,149.
Per capita income is $44,261. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 2.2% of residents live below the poverty line. The area is home to 5,140 business establishments, including 448 restaurants.
Housing & Cost of Living
The median home value in Ely is $275,800 , 2% below the national median of $281,900.
Zillow estimates the typical home at $371,291. Median rent is $1,014/month, with 28.4% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1997.
Education
35.6% of adults in Ely hold a bachelor's degree or higher
(6% above the national average).
97.5% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Ely has an average annual temperature of 48°F (9°C).
Winters average 20°F in January while summers reach 73°F in July. Annual precipitation totals 35.9 inches. Air quality is rated Good with a median AQI of 39.
Data Overview
People
Population2,033
Median Age37.6 yrs
Density1,203/mi²
Male / Female54% / 46%
Foreign Born1.0%
Veterans6.0%
Economy
A+
Median Income$102,262
Per Capita$44,261
Unemployment2.5%
Poverty2.2%
County GDP$12,640M
Avg Weekly Wage$1,238
Housing
A+
Home Value$275,800
Rent$1,014
Ownership81.9%
Zillow$371,291
Housing Units788
Rent Burden28.4%
Health
Obesity32.0%
Diabetes7.8%
Smoking11.0%
Heart Disease4.3%
Premature Death4,821/100K
Climate
Avg Temp48°F
Rain35.9 in/yr
AQI39 (Good)
Elevation772 ft
Education
B+
Bachelor's+35.6%
High School+97.5%
Graduate+8.8%
School Score6.2/10
Community
2024 VoteR 30% / D 68%
Commute21 min
Broadband92.7%
Internet Speed108 Mbps
EV Stations1
Libraries8
Did You Know?
Ely was founded in 1872.
The median home in Ely was built in 1997.
The nearest airport is The Eastern Iowa (6 miles).
The Gini coefficient (income inequality) is 0.495 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
5.4% of the population has a disability.
Average internet download speed is 108 Mbps.
There are 448 restaurants in the area.
The county recorded 5 fatal vehicle crashes.