Mountain Iron vs Minnesota Lake
Side-by-side comparison
How does Mountain Iron, MN compare to Minnesota Lake, MN? Mountain Iron has a population of 2,865 with a median household income of $81,607, while Minnesota Lake has 621 residents and a median income of $62,875. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Mountain Iron, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 2,865 | 621 | +361.4% |
| Median Age | 49.5 | 45.5 | +8.8% |
| Foreign Born % | 1.3% | 0% | +130.0% |
| Metric | Mountain Iron | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $81,607 | $62,875 | +29.8% |
| Unemployment | 3.7% | 3.9% | -5.1% |
| Poverty Rate | 9.3% | 12.1% | -23.1% |
| Bachelor's+ | 22.9% | 18.7% | +22.5% |
| Metric | Mountain Iron | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $180,700 | $126,600 | +42.7% |
| Median Rent | $911/mo | $950/mo | -4.1% |
| Housing Units | 1,423 | 312 | +356.1% |