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.
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%).
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+
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.
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
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Eveleth | 3,448 | $50,725 | $97,600 | $904 |
| Virginia | 8,332 | $51,720 | $120,600 | $792 |
| Gilbert | 1,697 | $64,625 | $126,000 | $698 |
| Mountain Iron | 2,860 | $83,293 | $192,800 | $918 |
| Kinney | 115 | $57,045 | $121,900 | $525 |
| Biwabik | 966 | $67,917 | $111,200 | $749 |
| Buhl | 1,022 | $58,750 | $127,700 | $1,043 |
| Aurora | 1,792 | $42,083 | $97,600 | $509 |
| Chisholm | 4,712 | $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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