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

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C

17%

Income/capita NAT. AVG.

11%

Household income NAT. AVG.

100%

Unemployment NAT. AVG.

Index	Iron Junction	Minnesota	National
Income per capita	$24,695	$33,225	$29,829
Median household income	$49,063	$63,217	$55,322
Median income owner occupied	$48,750	$77,618	$70,586
Median income renter occupied	$0	$34,348	$35,192
Median earnings male	$41,875	$40,933	$36,919
Median earnings female	$28,438	$29,114	$26,250
Unemployment rate	0.0%	3.4%	4.7%
Poverty level	18.4%	10.8%	15.1%

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Key findings

The income per capita in Iron Junction is 17% lower than the national average
The median household income in Iron Junction is 11% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Iron Junction is 100% lower than the national average
The poverty level in Iron Junction is 22% higher than the national average

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am i middle class

$32,705 $49,063 $98,126

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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Iron Junction median earnings by income bracket

Iron Junction employment by industry

Labour Type	Male	Female
Construction industry	17.4%	17.4%
Manufacturing sector	26.1%	26.1%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	8.7%	8.7%
Public administration	13.0%	13.0%
Transportation, warehousing & utilities	17.4%	17.4%
Education, health & social services	0.0%	0.0%
Other	17.4%	17.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Mountain Iron, MN	2,854	$65,506	18.4%
Gilbert, MN	1,828	$51,705	6.5%
Biwabik, MN	643	$47,407	14.3%
Kinney, MN	186	$46,250	16.4%
McKinley, MN	131	$45,833	17.2%
Iron Junction, MN	93	$49,063	11.3%

Cities with similar population

City	Population	Household Income	National Avg.
Diomede, AK	93	$22,083	60.1%
Sun Valley, AZ	93	$0	100.0%
Glasgow, IL	93	$33,036	40.3%
Sims, IN	93	$32,639	41.0%
Highland Beach, MD	93	$138,152	149.7%
Iron Junction, MN	93	$49,063	11.3%

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