Ironton, MN
Population 557 · Minnesota
About Ironton, MN
Ironton is a small community located in Minnesota with a population of 557 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,536 per year, which is 26% below the national median of $75,149. The median age of 35.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ironton features a median home value of $128,300, which is 48% below the national median of $244,900. This makes Ironton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $900, 23% below the national average of $1,163/month. Of the 270 total housing units, 55% are owner-occupied (139 units) and 45% are renter-occupied (112 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Ironton shows an unemployment rate of 8.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.4%, above the national average of 12.4%. Workers in Ironton have an average one-way commute time of 25.9 minutes.
Education & Demographics
15.1% of Ironton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in Ironton, MN
Compared to national averages, Ironton has a median household income of $55,536 (26% below the national median of $75,149). Home values average $128,300, which is 48% below the national median. Monthly rent at $900 is 23% below the US average of $1,163. Within Minnesota, Ironton's income is 25% below the state average of $74,221, and home values are 37% below the state median of $204,472.
Why Live in Ironton, MN?
Ironton offers affordable housing with a median home value of $128,300, below the US average of $244,900, and rent that’s lower than the national average at $900/month.
Potential considerations include median household income ($55,536) that falls below the national average. However, Ironton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ironton has a population of 557 with a median age of 35.9 years. Compare Ironton 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 Ironton
What is the population of Ironton, MN?
The population of Ironton, MN is 557 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Ironton?
The median household income in Ironton, MN is $55,536 per year, which is 26% below the national median of $75,149.
What is the median home value in Ironton?
The median home value in Ironton, MN is $128,300, which is 48% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ironton?
The median monthly rent in Ironton, MN is $900, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Ironton?
The unemployment rate in Ironton, MN is 8.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ironton, MN a good place to live?
Ironton offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 557 and a median age of 35.9, the city appeals to a broad range of residents.
How educated is Ironton, MN?
15.1% of residents in Ironton aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Ironton?
Key cost-of-living indicators for Ironton, MN: median home value is $128,300 (48% below national), median rent is $900/month, and median household income is $55,536. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ironton?
The poverty rate in Ironton, MN is 15.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Ironton, MN?
Ironton's population is 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.5% of residents are foreign-born.