Iron Junction, MN
Full City Profile · Minnesota · St. Louis County County
2.8
/5.0
C+
Fair
95
Population
117/sq mi density
$38,333
Median Income
$23,164 per capita
$127,500
Home Value
$160,561 Zillow
39°F
Avg Temperature
276 sunny days/yr
352
Violent Crime/100K
3,926 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$38,333 median income, 1.4% unemployment
A+
Affordability
4.8 / 5.0
$127,500 home value, /mo rent
F
Safety
1.0 / 5.0
352 violent crimes/100K
C
Education
2.4 / 5.0
16.9% bachelor's degree or higher
Housing Overview
Median Home Value
$127,500
55% below
US avg: $281,900
Homeownership Rate
90.9%
39% above US avg (65.4%)
Total Housing Units
41
Median year built: 1958
Home Value by Source
Census Median
$127,500
Zillow (ZHVI)
$160,561
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.9%
Owner-Occupied
9.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Affordability & Housing Stock
Rent Burden
31.4%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
90.9%
Complete Housing Data
Home Values
| Census Median Value | $127,500 |
| Zillow Home Value (ZHVI) | $160,561 |
Rent
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 90.9% |
| Renter-Occupied | 9.1% |
| Homeownership Rate | 90.9% |
| Total Housing Units | 41 |
| Median Year Built | 1958 |
| Rent Burden | 31.4% |
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