What percentage of people rent in Mountain Iron, MN?

Name: Renters and owners in Mountain Iron, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

30.1% (±8.0 points) of the occupied homes in Mountain Iron, MN are rented (2020–2024 American Community Survey).

That is 405 renting households against 941 that own their home.

In Mountain Iron, the share of households that rent went from 35.2% in 2015–2019 to 30.1% in 2020–2024 (−5.1 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 30.1% (±8.0 points)
Renting households: 405 (±128)
Median renter income: $46,709 (±$13,320)

Who rents and who owns in Mountain Iron

Tenure, estimate (90% margin of error)
	Mountain Iron	St. Louis County	Minnesota	United States
Renter-occupied share	30.1% (±8.0 points)	28.8% (±1.0 points)	27.8% (±0.2 points)	34.8%
Renting households	405 (±128)	25,095 (±957)	641,268 (±4,528)	45,017,354
Owning households	941 (±88)	62,020 (±934)	1,666,687 (±7,556)	84,210,142
Average renter household size	1.7 (±0.2)	1.9 (±0.1)	2.0 (±0.0)	2.3
Average owner household size	2.3 (±0.2)	2.3 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$46,709 (±$13,320)	$37,114 (±$1,847)	$51,080 (±$531)	$52,966
Median owner household income	$88,674 (±$6,471)	$86,242 (±$1,585)	$108,214 (±$476)	$100,009

In Mountain Iron, the renter share is not measurably different from St. Louis County (28.8%).

It is not measurably different from Minnesota (27.8%).

It is not measurably different from the national figure (34.8%).

In St. Louis County, Mountain Iron ranks 7 of 98 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 264 of 2,628.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Mountain Iron has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	35.2% (±5.0 points)	30.1% (±8.0 points)	−5.1 percentage points	Not a measurable change
Median gross rent	$550 (±$183)	$918 (±$211)	+66.9%	No measurable change after inflation
Median household income	$51,389 (±$8,469)	$83,293 (±$11,205)	+62.1%	Up after inflation

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.

Households that rent in places near Mountain Iron

Nearest places with a published estimate, compared with Mountain Iron
Place	Distance	Households that rent	Compared with this place
Mountain Iron	—	30.1% (±8.0 points)	—
Virginia	4.7 mi	40.7% (±5.9 points)	Higher
Kinney	5.0 mi	14.0% (±9.9 points)	Lower
Eveleth	5.3 mi	33.2% (±8.0 points)	Not measurably different
Leonidas	5.3 mi	0.0% (±50.4 points)	Not measurably different
Great Scott Township	5.4 mi	4.1% (±4.1 points)	Lower
Wuori Township	7.6 mi	3.5% (±2.3 points)	Lower
Gilbert	8.0 mi	16.2% (±5.8 points)	Lower
Buhl	8.1 mi	19.9% (±10.8 points)	Not measurably different

Nearby places with a measurably lower figure: Kinney, MN (14.0%), Great Scott Township, MN (4.1%), Wuori Township, MN (3.5%).

Nearby places with a measurably higher figure: Virginia, MN (40.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across St. Louis County, place by place

Rank	Place	Households that rent
1	Virginia	40.7% (±5.9 points)
2	Duluth	40.6% (±1.5 points)
3	Ely	36.6% (±8.2 points)
4	Meadowlands	33.3% (±15.3 points)
5	Eveleth	33.2% (±8.0 points)
6	Cook	32.7% (±9.9 points)
7	Mountain Iron	30.1% (±8.0 points)
8	Hibbing	28.9% (±4.5 points)
9	Floodwood	28.8% (±7.8 points)
10	Chisholm	27.8% (±8.5 points)
11	Hermantown	26.9% (±6.4 points)
12	Gnesen Township	22.8% (±5.4 points)
13	Proctor	22.7% (±6.8 points)

Showing 13 of 98 places in St. Louis County, ranked from highest to lowest.

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

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).

Is renting growing in Mountain Iron?

In Mountain Iron, the share of households that rent went from 35.2% in 2015–2019 to 30.1% in 2020–2024 (−5.1 percentage points), not a measurable change.

How big are renting households in Mountain Iron?

A renting household in Mountain Iron has 1.7 people on average, against 2.3 in an owned home.

How much do renters earn in Mountain Iron?

The median renting household in Mountain Iron, MN has an income of $46,709 (±$13,320) a year, against $88,674 for households that own their home.

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.