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Mountain Iron, MN

Full City Profile · Minnesota · St. Louis County County

3.3 /5.0
B Good
2,865 Population 42/sq mi density
$81,607 Median Income $40,473 per capita
$180,700 Home Value $188,121 Zillow
$911 Median Rent 26.8% income on rent
38°F Avg Temperature 276 sunny days/yr
352 Violent Crime/100K 3,926 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$81,607 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$180,700 home value, $911/mo rent
F
Safety
1.0 / 5.0
352 violent crimes/100K
C+
Education
2.8 / 5.0
22.9% bachelor's degree or higher

Income Overview

Median Household Income
$81,607
9% above
US avg: $75,149
Per Capita Income
$40,473
4% above
US avg: $39,052
Unemployment Rate
2.3%
36% below
US avg: 3.6%
Poverty Rate
6.7%
46% below
US avg: 12.4%

Income Comparison: Mountain Iron vs. U.S. Average

Each bar shows Mountain Iron’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$81,607
109%
Per Capita
US: $39,052
$40,473
104%
IRS Avg AGI
US: $72,000
$73,234
102%
Avg Weekly Wage
US: $1,432
$1,163
81%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,163
19% below US avg ($1,432)
Mean Commute Time
16 min
43% below US avg (28 min)
Work From Home
4.3%
72% below US avg (15.2%)
Drive Alone
74.1%
1% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$13,874M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 74.1%
Public Transit 0%
Work From Home 4.3%
Other 21.6%
Average commute time
16 minutes
US avg: 28 min

Business Landscape

Total Establishments
5,646
Restaurants
557
Healthcare
843
Retail
793
Manufacturing
188

Tax & Financial

IRS Avg Adjusted Gross Income
$73,234
2% above US avg ($72,000)
Avg Property Tax
$5,326
52% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$81,607
Per Capita Income$40,473
IRS Avg Adjusted Gross Income$73,234
Avg Weekly Wage$1,163
County GDP$13,874M

Hardship Indicators

Unemployment Rate2.3%
Poverty Rate6.7%
Gini Coefficient0.453
Cost of Living Index98.6

Commute

Mean Commute16 minutes
Drive Alone74.1%
Public Transit0.0%
Work From Home4.3%

Businesses

Total Establishments5,646
Restaurants557
Healthcare843
Retail793
Manufacturing188

Tax

IRS Avg AGI$73,234
Avg Property Tax$5,326