Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Mountain Iron, MN Population, Income & Demographics 2026

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

2,860

Median Agei

47.5

Race & Ethnicityi

White

95.5%2,731

American Indian/Alaska Native

1.5%43

Two or More

1%30

Asian

0.9%26

Other

0.6%16

Black

0.5%14

Educational Attainment (Age 25+)i

GED/Alternative

5.9%131

High School Diploma

28.6%640

Some College (<1 yr)

9.9%222

Some College (1+ yr)

13.4%300

Associate's Degree

13.4%299

Bachelor's Degree

17.6%393

Master's Degree

4.4%98

Professional Degree

0.7%16

Doctorate

0.7%15

HS or Higher

94.4%

BA or Higher

23.3%

Graduate+

5.8%

Housingi

Median Home Valuei

$192,800

Median Renti

$918

Tenure

Owner-Occupied

69.9%941

Renter-Occupied

30.1%405

Total Units

1,499

Homeownership

69.9%

Vacancy Rate

10.2%

Home Values

Under $50K

6.5%61

$50K–$100K

15.1%142

$100K–$150K

11.9%112

$150K–$200K

19.7%185

$200K–$300K

24%226

$300K–$500K

14.8%139

$500K–$1M

6.6%62

$1M+

1.5%14

Rent Distribution

Under $500

$500–$750

$750–$1,000

$1,000–$1,250

106

$1,250–$1,500

$1,500–$2,000

Year Built

2020 or later

0.8%12

2010–2019

6.1%92

2000–2009

9.3%139

1990–1999

7.1%106

1980–1989

3.5%53

1970–1979

36%540

1960–1969

9.7%146

1950–1959

16.5%248

1940–1949

2.7%41

1939 or earlier

8.1%122

Heating Fuel

Utility Gas

50.7%683

Electricity

27.3%367

Bottled/LP Gas

11.3%152

Fuel Oil

8%108

Other

2.7%36

Economyi

Median Household Incomei

$83,293

Mean Household Incomei

$88,512

Per Capita Incomei

$42,489

Poverty Ratei

11.5%

Unemploymenti

3.3%

Labor Forcei

1,550

Household Income Distribution

Under $10K

4.4%59

$10K–$15K

1.3%18

$15K–$20K

1.6%21

$20K–$25K

3.4%46

$25K–$30K

4.7%63

$30K–$35K

4.5%61

$35K–$40K

3.4%46

$40K–$45K

2.9%39

$45K–$50K

6.7%90

$50K–$60K

5%67

$60K–$75K

4.4%59

$75K–$100K

25.6%345

$100K–$125K

11.7%157

$125K–$150K

5.7%77

$150K–$200K

10.6%143

$200K+

4.1%55

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

116

Residentsi

183

Avg. Tenant Renti

$380/mo

Programs in this community

Housing Choice Vouchers3 homes

Rental vouchers (Section 8) that help tenants pay for private-market housing

Project Based Section 8114 homes80% occupied$380/mo rent

Privately owned apartments with rent subsidies tied to the building

Household Incomei

Based on area median of $83,293/yr

Extremely low incomeUnder $25K/yr

74%

Very low income$25K–$42K/yr

26%

Who Receives This Housing

81% of subsidized households are headed by a single mother

19% of subsidized households are minority

16% of subsidized households include someone with a disability

11% of subsidized households include a senior (62+)

Ancestry & Heritage

Self-reported ancestry groups. Residents may report multiple ancestries, so totals may exceed 100%.

Foreign-Born Populationi

Foreign-Borni

291%

By Region

Top Countries

Korea

Commute & Transportationi

Workersi

1,468

Avg. Commutei

16.4 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

1,499

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

262(11% of civilian adults)

Health Insurancei

99%Insured

1%Uninsured