Living in Iron Mountain Lake, Missouri
Cost of living, income, home prices, rent and demographics of Iron Mountain Lake · Census data 2020–2024
Iron Mountain Lake has 781 residents with a median age of 49.2. The median household income is $30,682 (57% lower than the Missouri median), the median home value is $38,600, the median rent is $695/month.
Iron Mountain Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Iron Mountain Lake at a glance
- Population
- 781
- Median age
- 49.2State: 39
- Median household income
- $30,682State: $70,702
- Median home value
- $38,600State: $230,300
- Median rent
- $695/moState: $1,033
- Homeowners
- 83.6%
- Bachelor's degree or higher
- 3.1%
- Average commute
- 33 min
Is Iron Mountain Lake a good place to live?
Pros: Home values 83% lower than the state median; unemployment of 1.1%.
Cons: Median household income 57% lower than the Missouri median; an average commute of 33 minutes; a poverty rate of 24.7%.
The weather is best in May–June and September–October.
Cost of living in Iron Mountain Lake
Housing is the biggest part of the cost of living. In Iron Mountain Lake the median home value is $38,600, 88% lower than the U.S. median. Renters pay a median of $695 per month, which is 22.5% of household income. Homeowners with a mortgage pay $955 a month in housing costs.
Iron Mountain Lake median household income
The median household income in Iron Mountain Lake is $30,682 and the income per person is $17,866. 24.7% of residents live below the poverty line (Missouri: 12.6%).
Housing in Iron Mountain Lake: homes for sale and rent
- Housing units
- 375
- Owner-occupied
- 83.6%
- Renter-occupied
- 16.4%
- Vacant
- 20.5%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.62
Iron Mountain Lake demographics
- Population
- 781
- Median age
- 49.2
- Under 18
- 19.2%
- 65 and older
- 12.5%
- Households
- 298
- Foreign-born
- 0.3%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Iron Mountain Lake ›
Education in Iron Mountain Lake
3.1% of adults 25 and older in Iron Mountain Lake have a bachelor's degree or higher (Missouri: 32.4%), and 1.9% have a graduate or professional degree.
Jobs and commute in Iron Mountain Lake
- Unemployment rate
- 1.1%State: 4%
- Average commute
- 33 minState: 24 min
- Work from home
- 1.1%
- Drive alone
- 87.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 91.3%
Iron Mountain Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Iron Mountain Lake | 781 | $30,682 | $38,600 | $695 |
| Pilot Knob | 653 | $44,500 | $108,000 | $660 |
| Bismarck | 1,508 | $40,250 | $107,800 | $676 |
| Ironton | 1,692 | $46,750 | $120,000 | $738 |
| Arcadia | 586 | $48,750 | $154,800 | $346 |
| Doe Run | 775 | $83,065 | $129,900 | — |
| Caledonia | 209 | $60,417 | $55,300 | $817 |
| Irondale | 622 | $37,368 | $99,300 | $1,025 |
| Park Hills | 8,678 | $52,563 | $131,300 | $790 |
More for people moving to Iron Mountain Lake
Iron Mountain Lake ZIP code ›Weather and climate ›Living in Iron Mountain Lake: FAQ
What is the median household income in Iron Mountain Lake, MO?
The median household income in Iron Mountain Lake is $30,682, 57% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Iron Mountain Lake?
The median home value in Iron Mountain Lake is $38,600, compared with $230,300 in Missouri.
How much is rent in Iron Mountain Lake?
The median gross rent in Iron Mountain Lake is $695 per month, about 22.5% of household income.
Is Iron Mountain Lake, MO a good place to live?
Pluses: home values 83% lower than the state median; unemployment of 1.1%. Minuses: median household income 57% lower than the Missouri median; an average commute of 33 minutes; a poverty rate of 24.7%.
What is the median age in Iron Mountain Lake?
The median age in Iron Mountain Lake is 49.2 years (Missouri: 39).
How long is the commute in Iron Mountain Lake?
The average commute to work in Iron Mountain Lake is 33 minutes; 1.1% of workers work from home.
What is the unemployment rate in Iron Mountain Lake?
The unemployment rate in Iron Mountain Lake is 1.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Iron Mountain Lake?
3.1% of adults in Iron Mountain Lake 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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