Ely, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Ely, MN: Quick Facts & Overview
- Population: 3,240 residents (428 people per sq. mi.)
- Average House Price: $156,917
- Average Household Income: $43,901
Ely, MN is located in the state of Minnesota. It is home to about 3,240 people, with around 428 residents living in every square mile.
If you want to buy a house in Ely, the average price is around $156,917. That makes local housing 40% lower than the Minnesota average of $260,056, and 49% lower than the national average of $308,592.
The average household in Ely earns about $43,901 a year. This income is 47% lower than the average family in Minnesota ($82,068), and 44% lower than the national average ($78,686).
Population
3,240
Median Household Income
$43,901
Median Home Value
$156,917
Median Age
52.1 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $29,004 |
| Labor Force Participation | 55.3% |
| Unemployment Rate | 2.5% |
| Average Commute Time | 14.3 mins |
Housing & Community Metrics
| Home Ownership Rate | 63.4% |
| Median Rent | $627 |
| Rent Burdened (>30% Income) | 29.9% |
| Total Housing Units | 1,780 |
Additional Census & Housing Profile
Geographic Overview
| County | St. Louis |
| County FIPS | 27137 |
| Metro Area (CBSA) | Duluth, MN-WI |
| Combined Area (CSA) | Duluth-Grand Rapids, MN-WI |
| Population Density | 427.8/sq mi |
| Coordinates (lat/lng) | 47.9054, -91.8517 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.49 |
| Dual Income Families | 52.6% |
Marital Status
| Married | 30.7% |
| Never Married | 42.2% |
| Divorced | 20.4% |
| Widowed | 6.7% |
Gender
| Male | 49.6% |
| Female | 50.4% |
Health & Poverty
| Uninsured Rate (Health) | 8.2% |
| Poverty Rate | 13.9% |
Key Population Groups
| Veterans | 8.6% |
| Disabled Population | 17.4% |
| Limited English Proficiency | 1.7% |
All ZIP Codes in Ely
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 55731 | 5,361 | $62,008 | $206,804 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Winton, MN | 2.9 miles | 124 |
| Babbitt, MN | 18.6 miles | 1,393 |
| Soudan, MN | 18.9 miles | 415 |
| Tower, MN | 20.9 miles | 367 |
| Hoyt Lakes, MN | 26.8 miles | 2,064 |
| Aurora, MN | 31.5 miles | 1,792 |
| Biwabik, MN | 32.7 miles | 966 |
| Cook, MN | 39 miles | 423 |
| Gilbert, MN | 40.3 miles | 1,697 |
| Virginia, MN | 40.8 miles | 8,332 |
| Finland, MN | 42.8 miles | 257 |
| Mountain Iron, MN | 43.6 miles | 2,860 |
| Eveleth, MN | 44.4 miles | 3,448 |
| Orr, MN | 46.2 miles | 368 |
| Kinney, MN | 48.6 miles | 115 |
| Silver Bay, MN | 50 miles | 1,769 |