Apartments for rent in Mountain Iron, MN

The small town of Mountain Iron, Minnesota is home to approximately 3,000 residents. Children under 5 make up a larger portion of the population here (10%) than nationally (6%), making it a nice place to raise a family, while young adults appear in smaller numbers. Most Mountain Iron residents own their homes, and 39% of residents rent. Renters in the town benefit from a relatively low average rent of $578/month, which is $413 per month less than the state average.

Compared to the national average (19%), Mountain Iron has a relatively large concentration of residents over the age of 25 who have completed some level of post-secondary education, as 23% possess a Bachelor's or Associate's degree. In addition, 4% possess a Master's or Doctoral degree. Many Mountain Iron residents work in one of three industries: healthcare, retail, and agriculture. Combined, these industries account for 19% of the workforce in the town. Meanwhile, looking at job function, many of the town's workers are in sales, as 9% of the town's population reports this as their field of work, the highest number of any field. With an average annual income of just over $61,000, Mountain Iron workers bring in less than their peers elsewhere in Minnesota. Mountain Iron's average income also falls below the national average ($73,345).

Averaging about 20 minutes, the commute time for Mountain Iron residents is shorter than the Minnesota average of about 25 minutes. Driving a car or truck is the typical means of commuting to work, chosen by 40% of commuters, while public transportation is not widely used. Walking (3%) isn't a common way to get to work, though the number surpasses the national average.