Mountain Iron employment information

IndexMountain IronMinnesotaNational
Income per capita$28,055$33,225$29,829
Median household income$52,083$63,217$55,322
Median income owner occupied$69,500$77,618$70,586
Median income renter occupied$27,853$34,348$35,192
Median earnings male$50,347$40,933$36,919
Median earnings female$27,944$29,114$26,250
Unemployment rate1.0%3.4%4.7%
Poverty level16.1%10.8%15.1%
The Mountain Iron, MN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Mountain Iron is $28,055, which is 16% lower than than the Minnesota average and 6% lower than than the national average. The median household income is $52,083, which is 18% lower than than the Minnesota average and 6% lower than than the national average. The unemployment rate in Mountain Iron is 1%, which is 78% lower than than the national average. The poverty rate in Mountain Iron is 16% which is 7% higher than than the national average.

am i middle class

$Input your household income
$34,718$52,083$104,166
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.

Did you know?

  • The income per capita in Mountain Iron is 6% lower than the national average.
  • The median household income in Mountain Iron is 6% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Mountain Iron is 78% lower than the national average.
  • The poverty level in Mountain Iron is 7% higher than the national average.

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Compare Mountain Iron, MN Employment To Other Cities

Employment status

Hours worked per week

Mountain Iron median earnings by income bracket

Mountain Iron employment by industry

Labour TypeMaleFemale
Construction industry12.5%1.1%
Manufacturing sector15.6%2.0%
Financial & insurance services6.2%5.6%
Wholesale & retail services12.6%15.6%
Public administration4.8%2.0%
Transportation, warehousing & utilities6.1%9.8%
Education, health & social services7.7%36.8%
Other34.5%26.2%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Iron Junction, MN90$55,6251%
Gilbert, MN1,734$48,18513%
Buhl, MN1,110$44,28620%
Kinney, MN140$43,75021%
Hibbing, MN16,230$42,00424%
Mountain Iron, MN2,879$52,0836%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Blennerhassett, WV2,879$53,7723%
Ayer, MA2,879$64,94017%
Springdale, MD2,878$88,75060%
Montana City, MT2,878$94,16770%
Oliver, PA2,880$33,41740%
Mountain Iron, MN2,879$52,0836%
Source: The Mountain Iron, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).