Income & Economy in Mountain Iron city, MN (55710)
Median Income
$76,694
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+99
Wealth inflow
Population
1,391
Unemployment
4.1%
0.4pp above US avg
IRS migration statistics show a net inflow of about 99 for ZIP 55710 (Mountain Iron city, MN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 55710 (2020–Present)
Since 2020, population grew 21.8%, median income fell 11.5% (inflation-adjusted), home values increased 30.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $76,694 |
| Unemployment | 4.1% |
| Establishments | 18 |
| Employees | 44 |