Mountain Iron city, Minnesota Demographics & Population 2026
As of 2026, Mountain Iron city, Minnesota has a total population of 2,865, the 213th largest city in Minnesota, with a median household income of $81,607, which is 7% lower than the state average. The poverty rate is 9.3%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.2x.
Mountain Iron city Quick Facts
How Mountain Iron city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Mountain Iron city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in St. Louis County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Duluth city | 86,863 | $66,263 | 17.2% | $225,700 |
| Hibbing city | 16,100 | $55,463 | 14.2% | $123,900 |
| Hermantown city | 10,192 | $92,026 | 5.1% | $374,000 |
| Virginia city | 8,362 | $48,321 | 23.2% | $117,500 |
| Chisholm city | 4,731 | $54,815 | 11.2% | $108,100 |
| Rice Lake city | 4,120 | $95,347 | 6.8% | $283,700 |
| Eveleth city | 3,470 | $47,721 | 19.0% | $91,800 |
| Ely city | 3,239 | $46,042 | 15.9% | $150,800 |
| Proctor city | 3,102 | $80,913 | 5.3% | $219,500 |
| Hoyt Lakes city | 2,074 | $64,514 | 10.1% | $90,700 |
Cities Similar to Mountain Iron city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Dodge Center city | 2,864 | $77,552 | $175,900 | 15.7% | 5.0% |
| Barnesville city | 2,757 | $83,333 | $218,300 | 30.5% | 6.4% |
| Albany city | 2,800 | $75,417 | $226,000 | 22.4% | 3.6% |
| Proctor city | 3,102 | $80,913 | $219,500 | 27.9% | 5.3% |
| Caledonia city | 2,825 | $69,792 | $148,500 | 17.7% | 9.2% |
Population Overview
Mountain Iron city is a small community located in Minnesota, within St. Louis County. The total population is 2,865. It ranks as the 213th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Mountain Iron city is 49.5 years. This is 28% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Mountain Iron city is $81,607. This is 7% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 4% higher. The poverty rate stands at 9.3%. This is 1% higher than the state poverty rate of 9.2%. The unemployment rate is 3.7%. This is 6% lower than the state rate of 3.9%. The median home value is $180,700. Housing costs are 41% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.2x, Mountain Iron city is one of the most affordable housing markets in the area. 74.2% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 72.4%.
Race & Ethnicity
Mountain Iron city has a predominantly White (non-Hispanic) population, comprising 95.3% of all residents. Asian residents account for 1.9%. The Black or African American population (0.2%) is well below the state average of 6.7%. The Asian population (1.9%) is well below the state average of 5.0%.
Education
22.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.1%.
Data Sources & Methodology
All demographic data for Mountain Iron city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Mountain Iron city, Minnesota?
Mountain Iron city, Minnesota has a population of 2,865 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Mountain Iron city, MN?
The median household income in Mountain Iron city is $81,607, which is 4% higher the national median of $78,538.
What is the poverty rate in Mountain Iron city, MN?
The poverty rate in Mountain Iron city is 9.3%. This means approximately 264 residents live below the federal poverty line.
What is the racial makeup of Mountain Iron city, Minnesota?
Mountain Iron city's population is 95.3% White, 0.2% Black, 0.0% Hispanic/Latino, and 1.9% Asian.
What is the median home value in Mountain Iron city, MN?
The median home value in Mountain Iron city is $180,700. The home-value-to-income ratio is 2.2x.
How educated is Mountain Iron city, Minnesota?
22.9% of adults (25+) in Mountain Iron city hold a bachelor's degree or higher, and 5.4% hold a graduate or professional degree.