Housing data for Mountain Iron, MN

Mountain Iron, MN has an estimated 2,860 residents and 1,499 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a city in St. Louis County.

30.1% of households rent.

The median gross rent is $918 a month.

Figures last updated on .

Residents
2,860 (±17)
Housing units
1,499 (±125)
Households that rent
30.1%
Median gross rent
$918
Residents since 2015–2019
+0.2%

What stands out in Mountain Iron

Working from home: 3.7% (±3.2 points) in Mountain Iron, lower than in St. Louis County (11.2%).

Homes in buildings of 5 or more units: 22.1% (±7.4 points) in Mountain Iron, higher than in St. Louis County (13.5%).

Median real estate taxes: $1,759 (±$485) in Mountain Iron, lower than in St. Louis County ($2,271).

Median household income: $83,293 (±$11,205) in Mountain Iron, higher than in St. Louis County ($70,069).

Housing in Mountain Iron at a glance

Mountain Iron against St. Louis County, its state and the nation

Estimate (90% margin of error)
Mountain IronSt. Louis CountyMinnesotaUnited States
Residents2,860 (±17)200,123 (exact)5,739,445 (exact)334,922,499
Housing units1,499 (±125)104,263 (±116)2,545,030 (±1,535)143,775,355
Households that rent30.1% (±8.0 points)28.8% (±1.0 points)27.8% (±0.2 points)34.8%
Median gross rent$918 (±$211)$1,013 (±$36)$1,280 (±$7)$1,413
Median household income$83,293 (±$11,205)$70,069 (±$1,494)$89,062 (±$409)$80,734
Median home value$192,800 (±$28,161)$221,400 (±$3,411)$329,300 (±$903)$332,700
Median real estate taxes (a year)$1,759 (±$485)$2,271 (±$46)$3,357 (±$10)$3,119
Built before 198073.0% (±14.8 points)70.1% (±1.5 points)52.1% (±0.3 points)49.7%
Average commute16.4 minutes (±3.4)19.9 minutes (±0.4)22.7 minutes (±0.1)26.4 minutes
Households with broadband90.6% (±5.2 points)88.6% (±0.6 points)91.6% (±0.1 points)91.0%
Median age of residents47.5 years (±3.8)41.2 years (±0.3)38.8 years (±0.1)38.9 years

Mountain Iron covers 68.1 square miles of land, about 42 residents per square mile (Census Bureau Gazetteer).

How Mountain Iron has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents2,853 (±14)2,860 (±17)+0.2%Not a measurable change
Housing units1,415 (±90)1,499 (±125)+5.9%Not a measurable change
Median gross rent$550 (±$183)$918 (±$211)+66.9%No measurable change after inflation
Median home value$144,500 (±$14,871)$192,800 (±$28,161)+33.4%No measurable change after inflation
Median household income$51,389 (±$8,469)$83,293 (±$11,205)+62.1%Up after inflation
Median owner cost with a mortgage$1,267 (±$91)$1,431 (±$242)+12.9%No measurable change after inflation
Median real estate taxes$1,206 (±$160)$1,759 (±$485)+45.9%No measurable change after inflation
Households that rent35.2% (±5.0 points)30.1% (±8.0 points)−5.1 percentage pointsNot a measurable change
Rental vacancy rate5.0% (±7.7 points)14.6% (±14.6 points)+9.6 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in St. Louis County

Mountain Iron has no police department of its own in the FBI’s figures, so this is the figure for St. Louis County as a whole.

In 2025, the police departments that report for St. Louis County recorded 196 violent and 1,930 property crimes per 100,000 residents.

A county-wide figure describes the whole county, not this place; crime varies from one community to the next.

ZIP codes in Mountain Iron

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
5576853%2,964$954$198,500$86,075
5571021%1,362—$280,400$86,477

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Mountain Iron

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Virginia4.7 mi$792$120,60040.7%
Kinney5.0 mi$525$121,90014.0%
Eveleth5.3 mi$904$97,60033.2%
Leonidas5.3 mi—$116,7000.0%
Great Scott Township5.4 mi—$264,0004.1%
Wuori Township7.6 mi—$192,5003.5%
Gilbert8.0 mi$698$126,00016.2%
Buhl8.1 mi$1,043$127,70019.9%

Places in Minnesota most like Mountain Iron

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Waseca$903$189,200$64,07428.1%
East Grand Forks$888$255,600$77,54932.2%
Austin$953$163,900$68,05728.5%
Le Center$889$209,600$80,67331.3%
Paynesville$815$178,200$75,25031.4%
Proctor$1,044$224,700$67,37722.7%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Minnesota.

HUD Fair Market Rent for Mountain Iron, fiscal year 2027

Duluth, MN-WI MSA, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$841$961$1,207$1,671$2,017

HUD income limits for Mountain Iron, fiscal year 2026

Duluth, MN-WI MSA, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$21,250$35,400$56,650
2 people$24,300$40,450$64,750
3 people$27,350$45,500$72,850
4 people$33,000$50,550$80,900
5 people$38,680$54,600$87,400
6 people$44,360$58,650$93,850
7 people$50,040$62,700$100,350
8 people$55,720$66,750$106,800

These are the limits HUD sets for its housing programs in the Duluth, MN-WI MSA, where HUD’s median family income for fiscal year 2026 is $101,100.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Mountain Iron

What is the average rent in Mountain Iron, MN?

The Census Bureau publishes the median rather than the average: the median gross rent in Mountain Iron is $918 (±$211) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Mountain Iron?

The median gross rent for a one-bedroom home in Mountain Iron, MN is $772 (±$402) a month (2020–2024 American Community Survey).

Are renters in Mountain Iron rent-burdened?

40.3% of renting households in Mountain Iron pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Mountain Iron?

Mountain Iron has an estimated 405 (±128) renting households, 30.1% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Mountain Iron?

The median household income in Mountain Iron is $83,293 (±$11,205) a year (2020–2024 American Community Survey).

What is the average home value in Mountain Iron, MN?

The Census Bureau publishes the median: $192,800 (±$28,161) for owner-occupied homes in Mountain Iron (2020–2024 American Community Survey).

Is Mountain Iron growing?

In Mountain Iron, the number of residents went from 2,853 in 2015–2019 to 2,860 in 2020–2024 (+0.2%), not a measurable change.

What ZIP codes are in Mountain Iron?

The ZIP codes that cover Mountain Iron are 55768, 55710.

What is the median rent in ZIP code 55768?

The median gross rent in ZIP Code Tabulation Area 55768 is $954 (±$539) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Mountain Iron city, Minnesota (place:44548, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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