The median home value in Mountain Iron, MN is $123,500. This is lower than the county median home value of $153,000. The national median home value is $219,700. The average price of homes sold in Mountain Iron, MN is $123,500. Approximately 59.31% of Mountain Iron homes are owned, compared to 37.62% rented, while 3.07% 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 2,875. Mountain Iron is less family-centric than the surrounding county with 22.06% of the households containing married families with children. The county average for households married with children is 26.75%.
The median household income in Mountain Iron, Minnesota is $55,523. The median household income for the surrounding county is $50,936 compared to the national median of $57,652. The median age of people living in Mountain Iron is 42.9 years.
The average high temperature in July is 76.5 degrees, with an average low temperature in January of -1.7 degrees. The average rainfall is approximately 28.2 inches per year, with 60.3 inches of snow per year.