Median Age
46 Years
Largest Age Group
65-74 Years
Approximately 16% of Residents
Under 20
23%
Over 65
28%
Avg Rent
$832
Population
2,717
Renter Mix
34% Rent
Mountain Iron is home to tree-lined streets, walkable neighborhoods, and affordable rentals. As expected by the name, Mountain Iron is surrounded by sprawling mountain ranges, dense forests, and wildlife habitats. A few of the surrounding areas include George Washington State Forest, Sturgeon River, Sax-Zim Bog, and Kabetogama State Forest. Although Mountain Iron is mainly made up of suburban streets and natural areas, there are a few local gems nearby like Kunnari’s Farm Market, including a restaurant and coffee house, a fresh market, and a greenhouse.
Residents have easy access to shopping options at Thunderbird Mall, and there’s a supermarket and movie theater in town. Mountain Iron is home to great public schools like Merritt Elementary and sits near amenities like the Virginia Golf Course, Olcott Park, and the United States Hockey Hall of Fame Museum.
Median Household Income
$65,704
Average: $77,321
Education
588
Residents Have a Degree
Job Market
1,294
Workers Employed
Median Age
46 Years
Largest Age Group
65-74 Years
Approximately 16% of Residents
Under 20
23%
Over 65
28%
Housing Distribution
Mountain Iron has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of May 2026, the average apartment rent in Mountain Iron, MN is $803 for a studio, $832 for one bedroom, $1,068 for two bedrooms, and $1,145 for three bedrooms. Apartment rent in Mountain Iron has increased by 3.3% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Mountain Iron, MN is for everyday living.
Not Walkable
Walkability
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades PK-5
350 Students
Public
Grades PK-5
350 Students
Northeast Service Coop Sp. Ed.
Public
Grades PK-12
Public
Grades K-12
Public
Grades 6-12
268 Students
Northeast Service Coop Sp. Ed.
Public
Grades PK-12
Public
Grades K-12
Public
Grades 6-12
268 Students
East Range Academy Of Tech-Science
Public
Grades 9-12
161 Students
Northeast Service Coop Sp. Ed.
Public
Grades PK-12
Public
Grades K-12
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.