The median home value in Mountain Iron, MN is $113,000. This is lower than the county median home value of $197,400. The national median home value is $338,100. The average price of homes sold in Mountain Iron, MN is $113,000. Approximately 64.64% of Mountain Iron homes are owned, compared to 27.18% rented, while 8.18% are vacant. Mountain Iron real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mountain Iron real estate agent to arrange a tour today!
Mountain Iron, Minnesota has a population of 2,874. Mountain Iron is less family-centric than the surrounding county with 21.36% of the households containing married families with children. The county average for households married with children is 26.31%.
The median household income in Mountain Iron, Minnesota is $66,429. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Mountain Iron is 48.3 years.
The average high temperature in July is 76.6 degrees, with an average low temperature in January of -5.4 degrees. The average rainfall is approximately 27.4 inches per year, with 61.3 inches of snow per year.