Minnesota · Census place 44548
Mountain Iron city, MN
Quick answer
Mountain Iron city has 2,865 residents, ranking #213 of 914 places in Minnesota. Median household income is $81,607, the median home is worth $180,700 and median gross rent runs $911 a month.
- Population
- 2,865Mountain Iron city residents
- Median household income
- $81,607Past 12 months, inflation adjusted
- Median home value
- $180,700Owner-occupied units
- Median gross rent
- $911Rent plus utilities, monthly
- Median age
- 49.5 yrsAll residents
- Homeownership rate
- 74.2%Owner-occupied households
What the numbers mean in Mountain Iron city
Housing cost measured against local earnings.
A household earning the Mountain Iron city median would spend about 13.4% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.3% of residents and 74.2% 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.
- Milaca city 3,033
- Afton city 2,944
- Greenfield city 2,897
- Dodge Center city 2,864
- Caledonia city 2,825
- Albany city 2,800
- Cokato city 2,780
Keep going
More Minnesota coverage.