The median household income in Mountain Iron, MN in 2022 was $63,588, which was 29.5% less than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $35,163 in 2000 this represents an increase of 44.7%. The per capita income in 2022 was $36,386, which means an increase of 48.4% compared to 2000 when it was $18,761.
Whole page based on the data from 2000 / 2022 when the population of Mountain Iron, Minnesota was 2,999 / 2,854
Income statistics for all residents
Median household income in Mountain Iron, MN in 2022:
Mountain Iron:
$63,589
State:
$82,338
Change in median household income between 2000 and 2022:
Mountain Iron, Minnesota:
+80.8%
Minnesota:
+74.8%
Number of households with income < $10k:
Mountain Iron:
4.9% (66)
State:
4.3% (100,518)
Number of households with income $10k - 20k:
Mountain Iron:
4.7% (63)
State:
5.6% (130,945)
Number of households with income $20k - 30k:
Mountain Iron:
9.4% (126)
State:
6.1% (140,637)
Number of households with income $30k - 40k:
Mountain Iron:
9.5% (127)
State:
6.5% (151,862)
Number of households with income $40k - 50k:
Mountain Iron:
11.6% (155)
Minnesota:
6.7% (154,930)
Number of households with income $50k - 60k:
Mountain Iron:
7.6% (101)
Minnesota:
6.9% (159,181)
Number of households with income $60k - 75k:
Mountain Iron:
7.9% (105)
Minnesota:
9.4% (218,220)
Number of households with income $75k - 100k:
Mountain Iron:
19.8% (264)
State:
13.8% (319,951)
Number of households with income $100k - 125k:
Mountain Iron:
5.5% (74)
Minnesota:
10.8% (251,243)
Number of households with income $125k - 150k:
Mountain Iron:
8.7% (116)
Minnesota:
8.2% (190,349)
Number of households with income $150k - 200k:
Mountain Iron:
7.8% (104)
State:
10.2% (236,018)
Number of households with income > $200k:
Mountain Iron:
2.5% (33)
State:
11.6% (268,336)
Aggregate household income in Mountain Iron in 2022: $100,564,329
Median family income in Mountain Iron in 2022:
Mountain Iron:
$78,453
State:
$105,324
Number of families with income < $10k:
Mountain Iron:
3.1% (27)
State:
2.2% (31,728)
Number of families with income $10k - 20k:
Mountain Iron:
5.7% (50)
Minnesota:
2.5% (36,635)
Number of families with income $20k - 30k:
Mountain Iron:
2.2% (19)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
Mountain Iron:
9.2% (79)
Minnesota:
4.4% (64,281)
Number of families with income $40k - 50k:
Mountain Iron:
3.8% (33)
State:
5.2% (76,436)
Number of families with income $50k - 60k:
Mountain Iron:
10.7% (93)
Minnesota:
5.7% (83,050)
Number of families with income $60k - 75k:
Mountain Iron:
13.4% (116)
Minnesota:
8.8% (127,783)
Number of families with income $75k - 100k:
Mountain Iron:
20.9% (181)
Minnesota:
14.7% (214,426)
Number of families with income $100k - 125k:
Mountain Iron:
6.2% (54)
State:
13.1% (190,094)
Number of families with income $125k - 150k:
Mountain Iron:
14.2% (123)
State:
10.3% (149,830)
Number of families with income $150k - 200k:
Mountain Iron:
6.6% (57)
State:
13.6% (197,479)
Number of families with income > $200k:
Mountain Iron:
4.0% (34)
State:
16.1% (233,828)
Median non-family income in Mountain Iron in 2022:
Mountain Iron:
$37,730
State:
$48,461
Change in median non-family income between 2000 and 2022:
Mountain Iron, Minnesota:
+65.4%
Minnesota:
+73.6%
Median per capita income in Mountain Iron in 2022:
Mountain Iron:
$36,387
State:
$45,021
Change in median per capita income between 2000 and 2022:
Mountain Iron, Minnesota:
+93.9%
Minnesota:
+94.1%
Income statistics for White residents
Median household income in Mountain Iron, MN in 2022:
Mountain Iron:
$66,782
Minnesota:
$85,697
Change in median household income between 2000 and 2022:
Mountain Iron, Minnesota:
+92.4%
State:
+77.5%
Number of households with income < $10k:
Mountain Iron:
5.5% (69)
State:
3.9% (74,145)
Number of households with income $10k - 20k:
Mountain Iron:
5.0% (62)
State:
5.1% (97,289)
Number of households with income $20k - 30k:
Mountain Iron:
9.9% (123)
Minnesota:
5.8% (111,536)
Number of households with income $30k - 40k:
Mountain Iron:
8.3% (104)
Minnesota:
6.2% (118,402)
Number of households with income $40k - 50k:
Mountain Iron:
11.7% (146)
State:
6.6% (126,331)
Number of households with income $50k - 60k:
Mountain Iron:
6.9% (86)
State:
6.8% (129,961)
Number of households with income $60k - 75k:
Mountain Iron:
8.3% (103)
Minnesota:
9.4% (181,337)
Number of households with income $75k - 100k:
Mountain Iron:
19.2% (239)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Mountain Iron:
5.7% (71)
Minnesota:
11.2% (214,803)
Number of households with income $125k - 150k:
Mountain Iron:
9.1% (114)
Minnesota:
8.6% (164,715)
Number of households with income $150k - 200k:
Mountain Iron:
7.8% (97)
State:
10.6% (203,283)
Number of households with income > $200k:
Mountain Iron:
2.6% (33)
State:
12.2% (233,694)
Aggregate household income in Mountain Iron in 2022: $94,571,802
Median family income in Mountain Iron in 2022:
Mountain Iron:
$79,628
State:
$110,049
Number of families with income < $10k:
Mountain Iron:
3.7% (30)
State:
1.5% (17,407)
Number of families with income $10k - 20k:
Mountain Iron:
5.0% (40)
State:
1.9% (22,955)
Number of families with income $20k - 30k:
Mountain Iron:
2.3% (19)
State:
2.9% (34,913)
Number of families with income $30k - 40k:
Mountain Iron:
8.1% (66)
State:
3.7% (44,598)
Number of families with income $40k - 50k:
Mountain Iron:
3.8% (31)
State:
4.9% (58,683)
Number of families with income $50k - 60k:
Mountain Iron:
9.0% (73)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Mountain Iron:
14.3% (116)
Minnesota:
8.9% (105,839)
Number of families with income $75k - 100k:
Mountain Iron:
22.0% (178)
Minnesota:
14.8% (177,106)
Number of families with income $100k - 125k:
Mountain Iron:
6.4% (52)
State:
13.6% (162,292)
Number of families with income $125k - 150k:
Mountain Iron:
14.0% (113)
State:
10.9% (130,417)
Number of families with income $150k - 200k:
Mountain Iron:
7.0% (57)
State:
14.3% (171,257)
Number of families with income > $200k:
Mountain Iron:
4.2% (34)
Minnesota:
17.1% (204,721)
Median non-family income in Mountain Iron in 2022:
Mountain Iron:
$37,260
State:
$49,920
Change in median non-family income between 2000 and 2022:
Mountain Iron, Minnesota:
+65.6%
State:
+76.0%
Median per capita income in Mountain Iron in 2022:
Mountain Iron:
$36,457
State:
$49,507
Change in median per capita income between 2000 and 2022:
Mountain Iron, Minnesota:
+91.7%
State:
+103.3%
Income statistics for Asian residents
Number of households with income < $10k:
Mountain Iron:
0.0% (0)
State:
4.2% (3,886)
Number of households with income $10k - 20k:
Mountain Iron:
0.0% (0)
State:
4.1% (3,821)
Number of households with income $20k - 30k:
Mountain Iron:
0.0% (0)
State:
3.8% (3,485)
Number of households with income $30k - 40k:
Mountain Iron:
0.0% (0)
State:
5.0% (4,620)
Number of households with income $40k - 50k:
Mountain Iron:
0.0% (0)
State:
6.0% (5,609)
Number of households with income $50k - 60k:
Mountain Iron:
59.1% (13)
State:
5.4% (4,977)
Number of households with income $60k - 75k:
Mountain Iron:
0.0% (0)
State:
9.3% (8,666)
Number of households with income $75k - 100k:
Mountain Iron:
0.0% (0)
Minnesota:
15.6% (14,466)
Number of households with income $100k - 125k:
Mountain Iron:
0.0% (0)
State:
10.7% (9,893)
Number of households with income $125k - 150k:
Mountain Iron:
0.0% (0)
State:
9.3% (8,600)
Number of households with income $150k - 200k:
Mountain Iron:
40.9% (9)
State:
12.6% (11,662)
Number of households with income > $200k:
Mountain Iron:
0.0% (0)
State:
14.2% (13,207)
Median per capita income in Mountain Iron in 2022:
Mountain Iron:
$48,835
Minnesota:
$39,496
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Mountain Iron:
0.0% (0)
State:
9.0% (1,578)
Number of households with income $10k - 20k:
Mountain Iron:
0.0% (0)
State:
16.6% (2,922)
Number of households with income $20k - 30k:
Mountain Iron:
0.0% (0)
State:
10.4% (1,837)
Number of households with income $30k - 40k:
Mountain Iron:
52.4% (22)
State:
9.7% (1,699)
Number of households with income $40k - 50k:
Mountain Iron:
0.0% (0)
Minnesota:
8.8% (1,557)
Number of households with income $50k - 60k:
Mountain Iron:
0.0% (0)
State:
5.9% (1,033)
Number of households with income $60k - 75k:
Mountain Iron:
0.0% (0)
State:
7.3% (1,284)
Number of households with income $75k - 100k:
Mountain Iron:
47.6% (20)
State:
12.3% (2,163)
Number of households with income $100k - 125k:
Mountain Iron:
0.0% (0)
State:
8.9% (1,571)
Number of households with income $125k - 150k:
Mountain Iron:
0.0% (0)
Minnesota:
4.5% (796)
Number of households with income $150k - 200k:
Mountain Iron:
0.0% (0)
Minnesota:
3.0% (526)
Number of households with income > $200k:
Mountain Iron:
0.0% (0)
State:
3.6% (632)
Aggregate household income in Mountain Iron in 2022: $1,993,766
Median per capita income in Mountain Iron in 2022:
Mountain Iron:
$36,768
Minnesota:
$24,180
Income statistics for Multirace residents
Median per capita income in Mountain Iron in 2022:
Mountain Iron:
$39,510
Minnesota:
$28,529
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