Living in Eveleth, Minnesota

Cost of living, income, home prices, rent and demographics of Eveleth · Census data 2020–2024

Eveleth has 3,448 residents with a median age of 39.1. The median household income is $50,725 (43% lower than the Minnesota median), the median home value is $97,600, the median rent is $904/month.

Eveleth at a glance

Population
3,448
Median age
39.1State: 38.8
Median household income
$50,725State: $89,062
Median home value
$97,600State: $329,300
Median rent
$904/moState: $1,280
Homeowners
66.8%
Bachelor's degree or higher
19.9%
Average commute
20 min

Is Eveleth a good place to live?

Pros: Home values 70% lower than the state median; an average commute of 20 minutes.

Cons: Median household income 43% lower than the Minnesota median; unemployment of 5.7%; a poverty rate of 14.8%.

The weather is best in June to September.

Cost of living in Eveleth

Housing is the biggest part of the cost of living. In Eveleth the median home value is $97,600, 71% lower than the U.S. median. Renters pay a median of $904 per month, which is 29.7% of household income. Homeowners with a mortgage pay $988 a month in housing costs.

Median home value

Eveleth$97,600
Minnesota$329,300
United States$332,700

Median monthly rent

Eveleth$904
Minnesota$1,280
United States$1,413

Eveleth median household income

The median household income in Eveleth is $50,725 and the income per person is $32,423. 14.8% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Eveleth$50,725
Minnesota$89,062
United States$80,734

Housing in Eveleth: homes for sale and rent

Housing units
1,945
Owner-occupied
66.8%
Renter-occupied
33.2%
Vacant
14.6%Includes seasonal homes
Median year built
1938
Average household size
2.01

Eveleth demographics

Population
3,448
Median age
39.1
Under 18
20%
65 and older
18.7%
Households
1,661
Foreign-born
0%
Veterans
7.4%Adults 18+

Race and ethnicity

White89.2%
Hispanic or Latino0%
Black1.5%
Asian0%

Hispanic or Latino can be of any race. Population history of Eveleth ›

Education in Eveleth

19.9% of adults 25 and older in Eveleth have a bachelor's degree or higher (Minnesota: 39.4%), and 4.7% have a graduate or professional degree.

Bachelor's degree or higher

Eveleth19.9%
Minnesota39.4%
United States35.7%

Jobs and commute in Eveleth

Unemployment rate
5.7%State: 4.1%
Average commute
20 minState: 23 min
Work from home
1.6%
Drive alone
85.4%
Public transit
0.2%
Walk to work
1.1%
Homes with broadband
90.3%

Eveleth vs nearby towns

TownPopulationMedian incomeHome valueRent
Eveleth3,448$50,725$97,600$904
Virginia8,332$51,720$120,600$792
Gilbert1,697$64,625$126,000$698
Mountain Iron2,860$83,293$192,800$918
Kinney115$57,045$121,900$525
Biwabik966$67,917$111,200$749
Buhl1,022$58,750$127,700$1,043
Aurora1,792$42,083$97,600$509
Chisholm4,712$50,891$109,200$732

More for people moving to Eveleth

Eveleth ZIP code ›Weather and climate ›

Living in Eveleth: FAQ

What is the median household income in Eveleth, MN?

The median household income in Eveleth is $50,725, 43% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Eveleth?

The median home value in Eveleth is $97,600, compared with $329,300 in Minnesota.

How much is rent in Eveleth?

The median gross rent in Eveleth is $904 per month, about 29.7% of household income.

Is Eveleth, MN a good place to live?

Pluses: home values 70% lower than the state median; an average commute of 20 minutes. Minuses: median household income 43% lower than the Minnesota median; unemployment of 5.7%; a poverty rate of 14.8%.

What is the median age in Eveleth?

The median age in Eveleth is 39.1 years (Minnesota: 38.8).

How long is the commute in Eveleth?

The average commute to work in Eveleth is 20 minutes; 1.6% of workers work from home.

What is the unemployment rate in Eveleth?

The unemployment rate in Eveleth is 5.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Eveleth?

19.9% of adults in Eveleth have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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