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

Get 300+ Local Insights for Any Address in Mountain Iron, MN

Get Access to 300+ Local Data Points

A-

9%

Income/capita NAT. AVG.

18%

Household income NAT. AVG.

69%

Unemployment NAT. AVG.

Index	Mountain Iron	Minnesota	National
Income per capita	$48,741	$49,588	$44,883
Median household income	$96,317	$92,370	$81,333
Median income owner occupied	$114,492	$117,544	$106,172
Median income renter occupied	$29,493	$52,026	$52,080
Median earnings male	$80,573	$60,747	$54,343
Median earnings female	$52,456	$42,223	$38,439
Unemployment rate	1.5%	3.6%	4.9%
Poverty level	13.7%	10.8%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Homes For Sale In Mountain Iron, MN

8880 Main St

Mountain Iron, MN

4971 Highway 7

Mountain Iron, MN

5440 Park Dr

Mountain Iron, MN

8572 Mud Lake Rd

Mountain Iron, MN

Key findings

The income per capita in Mountain Iron is 9% 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

Compare Mountain Iron, MN Employment

Best Places for Employment in and Around Mountain Iron

See all the best places to live around Mountain Iron

Write a review to give others more information about this area.

See all Mountain Iron poll results

am i middle class

$64,204 $96,317 $192,634

City

$61,573 $92,370 $184,740

State

$54,216 $81,333 $162,666

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.

The best places in Minnesota

Here are the best places to live in Minnesota

See the best places to live in Mountain Iron

Safest States In The US

Check out the 10 most dangerous cities in Minnesota

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	1,887	$76,778	5.6%
Iron Junction, MN	95	$72,954	10.3%
Biwabik, MN	657	$71,742	11.8%
Kinney, MN	192	$69,839	14.1%
Hibbing, MN	16,417	$69,782	14.2%
Mountain Iron, MN	2,918	$96,317	18.4%

Cities with similar population

City	Population	Household Income	National Avg.
Louisa, KY	2,918	$43,495	46.5%
Mountville, PA	2,917	$93,497	15.0%
Peace River E, BC	2,917	n/a
Kingston, WA	2,919	$114,733	41.1%
Cazenovia, NY	2,920	$86,112	5.9%
Mountain Iron, MN	2,918	$96,317	18.4%

Source: The Mountain Iron, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.