Mountain Iron, MN demographics:
population, income, and more

Total population
2,860
-0.2% year-over-year change
Median household income
$83,293/yr
2.1% year-over-year change
Housing units
1,499
5.3% year-over-year change

Mountain Iron population

How many people live in Mountain Iron

Mountain Iron is home to 2,860 residents, according to the most recent Census data. Gender-wise, 48.1% of Mountain Iron locals are male, and 51.9% are female.

Total population
2,860
-0.2% year-over-year change
Gender ratio
Male
48.1%
1,376
Female
51.9%
1,484
Value Percent YoY change
Male 1,376 48.1% 2.5%
Female 1,484 51.9% -2.5%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Mountain Iron is 48, with the population distributed as follows: about 10.5% are children under 15, then 11.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 25.2% of the population, while another 27% fall into the 45 to 64 bracket. Finally, around 26% are 65 or older.

Median age
47.5
Age breakdown
Under 15
10.5%
15 to 24
11.2%
25 to 44
25.2%
45 to 64
27%
Over 65
26%
Value Percent YoY change
Under 15 301 10.5% -13.5%
15 to 24 320 11.2% 28.5%
25 to 44 722 25.2% 13.3%
45 to 64 773 27% -11.9%
Over 65 744 26% -1.3%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Mountain Iron, 98.6% of the population are US-born citizens, while 1% have gained naturalized citizenship. At the same time, 0.4% of residents are non-citizens. As for race, 95.5% of locals are Caucasian, 0.5% are African American and 0.9% have Asian roots. There’s also a share of 1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.6%
Non-U.S.-born citizens
1%
Non-citizens
0.4%
Value Percent YoY change
U.S.-born citizens 2,819 98.6% 0.0%
Non-U.S.-born citizens 30 1% -21.1%
Non-citizens 11 0.4% 22.2%
Racial breakdown
White
95.5%
Black or African American
0.5%
American Indian and Alaska Native
1.5%
Asian
0.9%
Native Hawaiian and other Pacific Islander
0%
Two or more races
1%
Other
0.6%
Value Percent
White 2,731 95.5%
Black or African American 14 0.5%
American Indian and Alaska Native 43 1.5%
Asian 26 0.9%
Two or more races 30 1%
Other 16 0.6%

Households in Mountain Iron

A peek inside Mountain Iron households

Mountain Iron has 1,346 households, with an average of 2 members in each. Of these, 65% are families, while the remaining 35% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,346
3.9% year-over-year change
Average people per household
2
Non-family households
471
Family households
875
Value Percent YoY change
Non-family households 471 35% 9.3%
Family households 875 65% 1.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Mountain Iron

The housing landscape of Mountain Iron

Mountain Iron's housing consists of 1,499 units, with 66.1% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 3.1% of the housing landscape.

Housing units
1,499
5.3% year-over-year change
Housing types
Value Percent
1 unit, detached 991 66.1%
1 unit, attached 45 3%
3 or 4 units 85 5.7%
5 to 9 units 81 5.4%
10 to 19 units 73 4.9%
20 to 49 units 177 11.8%
Mobile home 47 3.1%
Homes built since 2020
12
33.3% year-over-year change

The age of buildings in Mountain Iron

In Mountain Iron, the median construction year is 1974. About 8.1% of homes were built before the 1940s, with another 2.7% going up by 1949. Most development happened in the second half of the 20th century. Then, 9.3% of homes were added from 2000 to 2009, 6.1% between 2010 and 2019, and 0.8% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 122 8.1% 16.2%
Built between 1940 and 1949 41 2.7% -16.3%
Built between 1950 and 1959 248 16.5% -11.4%
Built between 1960 and 1969 146 9.7% 33.9%
Built between 1970 and 1979 540 36% 7.1%
Built between 1980 and 1989 53 3.5% -34.6%
Built between 1990 and 1999 106 7.1% -0.9%
Built between 2000 and 2009 139 9.3% 58.0%
Built between 2010 and 2019 92 6.1% 1.1%
Built in 2020 or later 12 0.8% 33.3%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Mountain Iron occupancy rates

Out of the 1,346 occupied housing units in Mountain Iron, 69.9% are owner-occupied, while 30.1% are lived in by tenants. Meanwhile, 10.2% of all homes on the local market sit vacant.

Occupied housing units
1,346
3.9% year-over-year change
Occupancy breakdown
Renter occupied
405
Owner occupied
941
Value Percent YoY
change
Renter occupied 405 30.1% 21.3%
Owner occupied 941 69.9% -2.2%
Unoccupied housing units
10.2%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Mountain Iron housing costs

Housing costs in Mountain Iron come to a median of $919 per month, while tenants specifically pay a median gross rent of $918.

Median housing costs per month
$919/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Mountain Iron
$918/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Mountain Iron

Mountain Iron education at a glance

About 37.7% of the population in Mountain Iron went to high school, while 23.6% pursued college studies. Another 16.5% earned an associate degree and 16.5% hold a bachelor’s. Meanwhile, 5.4% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 9 0.4% -52.6%
High school diploma 897 37.7% -0.7%
College diploma 561 23.6% -5.2%
Associate degree 393 16.5% 5.9%
Bachelor's degree 393 16.5% -1.0%
Graduate degree 129 5.4% 5.7%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Mountain Iron

How much people earn in Mountain Iron

The average annual household income in Mountain Iron was $88,512 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1.8% change from the previous year. At the same time, the median income stood at $83,293, reflecting a +2.1% shift over the same period.

Average household income in Mountain Iron
$88,512/year
1.8% year-over-year change
Median household income in Mountain Iron
$83,293/year
2.1% year-over-year change

Mountain Iron income by age

In Mountain Iron, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $89,125. Those with someone between 45 and 64 in charge, often well established professionally, earn $91,575 overall. Overall, 88.8% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $89,125 -4.7%
45 - 64 $91,575 4.3%
Over 65 $57,188 -2.1%
Above poverty level
2,513
Below poverty level
318
Value Percent YoY
change
Above poverty level 2,513 88.8% -2.0%
Below poverty level 318 11.2% 25.2%

Average renter income in Mountain Iron

To get a better sense of what renters earn on average in Mountain Iron, their median household income was $40,636 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 27.1%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$40,636
Rent-to-income ratio
27.1%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Mountain Iron

Workforce and job types in Mountain Iron

The job market in Mountain Iron is powered by 1,499 working residents, spread across a range of industries and roles. 70.8% of the working population are employed in professional or administrative positions, while 29.2% are in hands-on or service-based jobs. Also, 10.7% run their own businesses, 65.6% are employed by private companies, and 18.4% work in the public sector.

Workforce demographics

Working population
1,499
0.4% year-over-year change
White collar
1,062
Blue collar
437
Value Percent YoY change
White collar 1,062 70.8% 5.7%
Blue collar 437 29.2% -10.4%
Employer type
Self employees
10.7%
Private companies
65.6%
Governmental workers
18.4%
Not for profit companies
5.4%
Value Percent YoY change
Self employees 160 10.7% 8.1%
Private companies 983 65.6% 3.6%
Governmental workers 275 18.4% -7.1%
Not for profit companies 81 5.4% -19.0%
Unemployment rate
3.3%
-10.5% year-over-year change

Available workforce

The unemployment rate in Mountain Iron stands at 3.3%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Mountain Iron

How people get around in Mountain Iron

Commuting methods vary: 85.3% of residents travel by personal vehicle and 0.6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 1,252 85.3% -1.6%
Taxicab 55 3.8% 41.0%
Bicycle 62 4.2% 5.1%
Walk 9 0.6% N/A
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Mountain Iron by zipcode?

Zipcode Population Number of households Median income Average income
55768 2,964 1,323 $86,075 $96,139

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FAQs about Mountain Iron demographics 

What is the total population of Mountain Iron?

Mountain Iron has a total population of 2,860 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -0.2% compared to a year ago.

What is the gender ratio in Mountain Iron?

The gender ratio in Mountain Iron is as follows:
  • 48.1% males (1,376 residents)
  • 51.9% females (1,484 residents)

What is the median age in Mountain Iron?

The median age in Mountain Iron is 47.5.

What is the age distribution of the population in Mountain Iron?

The age distribution in Mountain Iron is as follows:
  • Under 15: 10.5% (301 residents)
  • Ages 15-24: 11.2% (320 residents)
  • Ages 25-44: 25.2% (722 residents)
  • Ages 45-64: 27% (773 residents)
  • Over 65: 26% (744 residents)

What is the racial and ethnic makeup of Mountain Iron?

The racial and ethnic makeup of Mountain Iron is as follows:
  • White: 95.5% (2,731 residents)
  • Black or African American: 0.5% (14 residents)
  • American Indian and Alaska Native: 1.5% (43 residents)
  • Asian: 0.9% (26 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 1% (30 residents)
  • Other: 0.6% (16 residents)

What percentage of the population in Mountain Iron are U.S.-born citizens?

U.S.-born citizens represent 98.6% of the population in Mountain Iron.

How many housing units are there in Mountain Iron?

There are 1,499 housing units in Mountain Iron, reflecting a +5.3% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Mountain Iron and what is the average household size?

Mountain Iron has a total of 1,346 households, with an average of 2 people in each.

What is the median household income in Mountain Iron?

Mountain Iron has a median household income of $83,293, representing a +2.1% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Mountain Iron?

The employment rate is 96.7% in Mountain Iron, with a workforce of 1,499 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 70.8% (1,062 residents)
  • Blue-collar workers: 29.2% (437 residents)

Places of employment:
  • Self-employed: 10.7% (160 residents)
  • Private companies: 65.6% (983 residents)
  • Governmental workers: 18.4% (275 residents)
  • Not-for-profit companies: 5.4% (81 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025