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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
91%
9%
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-Occupied90.9%
Renter-Occupied9.1%
Homeownership Rate90.9%
Total Housing Units41
Median Year Built1958
Rent Burden31.4%