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CITY · 2020 ACS

Mountain Iron

Minnesota · 2,878 residents · 68.107 sq mi
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The short version

Mountain Iron has roughly average household income, with a median household income of $65,506. Population has declined 4% since 2000. Median home value has more than doubled since 2000, reaching $160,700. With a median age of 47.6, the population is older than the US median of 38.8.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 47.6
US median: 38.8
Less educated
25% hold a bachelor's degree
US average: 33%
Less affordable
home values up 41%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,878
−4%since 2000
from 2,999 in 2000
1990 – 2025
Population density
42 / sq mi
−4%since 2000
from 44 / sq mi in 2000
US average: 280
Median age
47.6
+16%since 2000
from 41.0 in 2000
US average: 38.8
Population, 1990 – 2024
3K3K3K3K3K1990201020202024Mountain Iron
20243K
1990201020202024
Section 02

Income & economy

Median household income
$65,506
+24%inflation adjusted, since 2000
from $35,163 in 2000
US average: $66,278
1990 – 2024
Per capita income
$32,186
+72%since 2000
from $18,761 in 2000
US average: $35,364
Households earning $100K+
39.3%
+17.5 ptssince 2009
from 21.8% in 2009
US average: 43.9%
Poverty rate
13.7%
+3.0 ptssince 2000
from 10.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Other services13.2%
US avg: 6.6%
Agriculture, forestry, fishing12.3%
US avg: 1.7%
Retail trade12.1%
US avg: 10%
Manufacturing10%
US avg: 0.5%
Information9.6%
US avg: 11.1%
Public administration8.7%
US avg: 4.7%
Wholesale trade4.2%
US avg: 6.7%
Construction2.3%
US avg: 1.2%
Finance & insurance0.9%
US avg: 5.5%
Education & health services0.9%
US avg: 0.8%
Transportation & warehousing0.6%
US avg: 2.5%
Arts, entertainment, food0.5%
US avg: 2%
Professional, scientific, technical0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$160,700
+41%inflation adjusted, since 2000
from $76,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$683
−1%inflation adjusted, since 2000
from $457 in 2000
US average: $1,124
Owner-occupied
67.0%
−2.8 ptssince 2000
from 69.8% in 2000
33.0% rent
Afford Score
2.5
+13%since 2000
from 2.2 in 2000
1990 – 2024
RELATED:See current rent listings in Mountain Iron on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.1%(2,941)
Black0%(0)
Hispanic / Latino0.4%(12)
Asian0.2%(7)
Other0%
Diversity Score1.6%(48)
2020
White, non-Hispanic92.8%(2,670)
Black0.6%(17)
Hispanic / Latino0.5%(14)
Asian0.5%(14)
Other0.6%(17)
Diversity Score5.6%(161)
Diversity Score
6
+251%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
24.8%
+6.0 ptssince 2000
from 18.8% in 2000
US average: 32.9%
High school or higher
91.3%
+0.8 ptssince 2000
from 90.6% in 2000
US average: 88.5%
Graduate degree
3.7%
−0.2 ptssince 2000
from 4.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
19.9 min
+49%since 2000
from 13.3 min in 2000
US average: 26.9
Drive alone to work
86.6%
+6.1 ptssince 2009
from 80.5% in 2009
US average: 75.1%
No vehicle available
11.9%
+4.2 ptssince 2009
from 7.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.5%
−4.7 ptssince 2011
from 7.2% in 2011
US average: 5.4%
Labor force participation
57.8%
−0.6 ptssince 2011
from 58.4% in 2011
US average: 63.4%
Management & professional
39.3%
−23.1 ptssince 2009
from 62.3% in 2009
US average: 39.3%
Section 08

People & community

Male
49.6%
−1.0 ptssince 2009
from 50.6% in 2009
Female
50.4%
+1.0 ptssince 2009
from 49.4% in 2009
Foreign born
2.1%
+1.6 ptssince 2009
from 0.5% in 2009
US average: 13.5%
Uninsured
1.5%
−91.7 ptssince 2013
from 93.2% in 2013
US average: 8.8%
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Frequently asked

How many people live in Mountain Iron, Minnesota?

Mountain Iron, Minnesota has about 2,878 residents according to the 2020 American Community Survey.

What is the median household income in Mountain Iron, Minnesota?

The typical household in Mountain Iron, Minnesota earns about $65,506 a year. Half of households make more than that, and half make less.

Is Mountain Iron, Minnesota expensive?

In Mountain Iron, Minnesota, the median home is worth about $160,700, and the typical rent is about $683 a month.

How educated are people in Mountain Iron, Minnesota?

About 24.8% of adults age 25 and over in Mountain Iron, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Mountain Iron, Minnesota?

About 13.7% of people in Mountain Iron, Minnesota live below the federal poverty line.

Has Mountain Iron, Minnesota grown since 1990?

Yes, Mountain Iron, Minnesota has shrunk since 1990. The population has lost about 484 residents, a change of about -14 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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