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Ely, MN

Full City Profile · Minnesota · Lake County County

3.4 /5.0
B Good
3,239 Population 1,109/sq mi density
$46,042 Median Income $33,032 per capita
$150,800 Home Value $267,318 Zillow
$627 Median Rent 33.4% income on rent
39°F Avg Temperature 253 sunny days/yr
60 Violent Crime/100K 1,196 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$46,042 median income, 1.6% unemployment
A+
Affordability
4.8 / 5.0
$150,800 home value, $627/mo rent
F
Safety
1.0 / 5.0
60 violent crimes/100K
B+
Education
3.7 / 5.0
34.1% bachelor's degree or higher

Ely, MN

At a Glance

Median Income
$46,042
39% below
$33,032 per capita
Home Value
$150,800
47% below
Zillow: $267,318
Median Rent
$627/mo
46% below
33.4% of income on rent
Violent Crime
60/100K
84% below
1,196/100K property
Bachelor's Degree+
34.1%
1% above
90.0% high school+
Unemployment
1.6%
56% below
4.0% poverty rate
Obesity Rate
37.1%
16% above
17.3% smoking rate
Avg Temperature
39°F
253 sunny days/yr

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)

Income
61%
Home Value
53%
Rent
54%
Poverty
32%
Bachelor's
101%
Unemployment
44%
Crime
16%
Thin vertical line = U.S. national average (100%)

Is Ely a Good Place to Live?

B
3.4 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

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 1.6% (56% 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 $267,318. 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 60 violent crimes per 100,000 residents , which is 84% below the national average of 380/100K. Property crime is 1,196/100K. The murder rate is 0.0/100K.

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. The area gets 253 sunny days per year. Air quality is rated Good with a median AQI of 36.

Data Overview

People

Population3,239
Median Age50.7 yrs
Density1,109/mi²
Male / Female48% / 52%
Foreign Born13.6%
Veterans8.0%

Economy

B+
Median Income$46,042
Per Capita$33,032
Unemployment1.6%
Poverty4.0%
County GDP$565M
Avg Weekly Wage$1,047

Housing

A+
Home Value$150,800
Rent$627
Ownership63.9%
Zillow$267,318
Housing Units1,999
Rent Burden33.4%

Crime

F
Violent60/100K
Property1,196/100K
Murder0.0/100K
Assault0/100K
Burglary179/100K

Health

Obesity37.1%
Diabetes9.7%
Smoking17.3%
Heart Disease5.8%
Premature Death4,750/100K

Climate

Avg Temp39°F
Sunny Days253/yr
AQI36 (Good)
Elevation1,448 ft

Education

B+
Bachelor's+34.1%
High School+90.0%
Graduate+6.9%
School Score6.0/10

Community

2024 VoteR 47% / D 51%
Commute15 min
Broadband88.7%
Internet Speed80 Mbps
EV Stations4
Libraries2

Did You Know?

The median home in Ely was built in 1938.
The nearest airport is Range Regional (58 miles).
The Gini coefficient (income inequality) is 0.397 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
13.3% of the population has a disability.
13.6% of residents are foreign-born.
The county recorded 1 fatal vehicle crashes.