Minnesota · Census place 19142
Ely city, MN
Quick answer
Ely city has 3,239 residents, ranking #207 of 914 places in Minnesota. Median household income is $46,042, the median home is worth $150,800 and median gross rent runs $627 a month.
- Population
- 3,239Ely city residents
- Median household income
- $46,042Past 12 months, inflation adjusted
- Median home value
- $150,800Owner-occupied units
- Median gross rent
- $627Rent plus utilities, monthly
- Median age
- 50.7 yrsAll residents
- Homeownership rate
- 63.9%Owner-occupied households
What the numbers mean in Ely city
Housing cost measured against local earnings.
A household earning the Ely city median would spend about 16.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.9% of residents and 63.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Moose Lake city 3,297
- Eagle Lake city 3,268
- Rush City city 3,262
- Blue Earth city 3,170
- Proctor city 3,102
- Milaca city 3,033
- Afton city 2,944
Keep going
More Minnesota coverage.