Last updated: 2024 BLS data · Page refreshed:
Iron Mountain Lake has a population of 781 with a median age of 49.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 781 |
| Median Age | 49.2 |
| White | 96.5% |
| Black or African American | 0.1% |
| Hispanic or Latino | 0.5% |
| Other / Two or More Races | 2.9% |
The median household income in Iron Mountain Lake is $30,682, which is 61.9% below the national median of $80,610. The per capita income is $17,866. The poverty rate is 24.7%.
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In Iron Mountain Lake, 65.3% of residents age 25+ have a high school diploma or higher, and 3.1% hold a bachelor's degree or higher (1.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 65.3% |
| Bachelor's Degree or Higher | 3.1% |
| Graduate or Professional Degree | 1.9% |
The median home value in Iron Mountain Lake is $38,600, below the national median of $303,400. The median monthly rent is $695. The homeownership rate is 83.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $38,600 |
| Median Monthly Rent | $695 |
| Homeownership Rate | 83.6% |
| Vacancy Rate | 20.5% |
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