Iron Junction, MN
Population 95 · Minnesota
About Iron Junction, MN
Iron Junction is a small community in Minnesota with a population of 95 residents. The median household income is $38,333 per year, which is below the national average. The median age in Iron Junction is 37.8 years.
Housing in Iron Junction has a median home value of $127,500 and median monthly rent of $0. Of the 44 total housing units, the majority are owner-occupied, with 40 owner-occupied and 4 renter-occupied units.
The unemployment rate in Iron Junction is 2.3% and the poverty rate is 20.4%. 16.9% of residents hold a bachelor's degree or higher. The average commute time is 27.8 minutes.
Cost of Living in Iron Junction, MN
Compared to national averages, Iron Junction has a median household income of $38,333 (49% below the national median of $75,149). Home values average $127,500, which is 48% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Iron Junction's income is 48% below the state average of $74,221, and home values are 38% below the state median of $204,472.
Why Live in Iron Junction, MN?
Iron Junction offers affordable housing with a median home value of $127,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.3%.
Potential considerations include median household income ($38,333) that falls below the national average. However, Iron Junction’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Iron Junction has a population of 95 with a median age of 37.8 years. Compare Iron Junction with other cities to see how it stacks up, or explore all cities in Minnesota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Iron Junction
What is the population of Iron Junction, MN?
The population of Iron Junction, MN is 95 according to the latest Census data.
What is the median household income in Iron Junction?
The median household income in Iron Junction, MN is $38,333 per year.
What is the median home value in Iron Junction?
The median home value in Iron Junction, MN is $127,500.
What is the average rent in Iron Junction?
The median monthly rent in Iron Junction, MN is $0.
What is the unemployment rate in Iron Junction?
The unemployment rate in Iron Junction, MN is 2.3%.