Ely, MN
Full City Profile · Minnesota · Lake County County
Ely, MN
At a Glance
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)
Is Ely a Good Place to Live?
Economy & Jobs
Ely residents earn a median household income of $46,042 , which is 39% below the national average of $75,149. Per capita income is $33,032. The unemployment rate stands at 2.7% (25% below the U.S. rate of 3.6%). 4.0% of residents live below the poverty line. The area is home to 378 business establishments, including 71 restaurants.
Housing & Cost of Living
The median home value in Ely is $150,800 , 47% below the national median of $281,900. Zillow estimates the typical home at $285,200. Median rent is $627/month, with 33.4% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1938.
Safety & Crime
Ely reports 125 violent crimes per 100,000 residents , which is 67% below the national average of 380/100K. Property crime is 716/100K.
Education
34.1% of adults in Ely hold a bachelor's degree or higher (1% above the national average). 90.0% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Ely has an average annual temperature of 39°F (4°C). Winters average 6°F in January while summers reach 67°F in July. Annual precipitation totals 31.3 inches. Air quality is rated Good with a median AQI of 32.