Mountain Iron, MN Employment - Median Household Income, Unemployment Rate

A-

8%

Income/capita NAT. AVG.

18%

Household income NAT. AVG.

69%

Unemployment NAT. AVG.

Index	Mountain Iron	Minnesota	National
Income per capita	$32,186	$33,225	$29,829
Median household income	$65,506	$63,217	$55,322
Median income owner occupied	$75,750	$77,618	$70,586
Median income renter occupied	$19,756	$34,348	$35,192
Median earnings male	$53,889	$40,933	$36,919
Median earnings female	$36,130	$29,114	$26,250
Unemployment rate	1.5%	3.4%	4.7%
Poverty level	13.7%	10.8%	15.1%

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Key findings

The income per capita in Mountain Iron is 8% higher than the national average
The median household income in Mountain Iron is 18% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Mountain Iron is 69% lower than the national average
The poverty level in Mountain Iron is 9% lower than the national average

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am i middle class

$43,666 $65,506 $131,012

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Mountain Iron median earnings by income bracket

Mountain Iron employment by industry

Labour Type	Male	Female
Construction industry	7.9%	7.9%
Manufacturing sector	19.1%	19.1%
Financial & insurance services	9.7%	9.7%
Wholesale & retail services	8.0%	8.0%
Public administration	3.5%	3.5%
Transportation, warehousing & utilities	1.6%	1.6%
Education, health & social services	12.7%	12.7%
Other	36.4%	36.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Gilbert, MN	1,828	$51,705	6.5%
Iron Junction, MN	93	$49,063	11.3%
Biwabik, MN	643	$47,407	14.3%
Hibbing, MN	15,923	$47,030	15.0%
Kinney, MN	186	$46,250	16.4%
Mountain Iron, MN	2,854	$65,506	18.4%

Cities with similar population

City	Population	Household Income	National Avg.
El Paso, IL	2,854	$61,442	11.1%
Lake Cassidy, WA	2,854	$87,382	58.0%
Clayton, AL	2,853	$24,083	56.5%
Davis, OK	2,853	$45,536	17.7%
Fayetteville, PA	2,855	$53,932	2.5%
Mountain Iron, MN	2,854	$65,506	18.4%

Source: The Mountain Iron, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).