ZIP Code 55731 — Ely, MN

St. Louis | 2024 Census Data

Key Takeaway

ZIP code 55731 in Ely, MN has a population of 5,361 with a median household income of $62,008 and a median home value of $206,000 . The cost of living index is 65.6 (national average = 100).

Population & Age

Total Population
5,361
Median Age
60.30
Male
2,674
Female
2,687

Race & Ethnicity

White
94.3%
Black
1.3%
Hispanic
1.3%
Asian
0.1%
Native American
0.1%
Pacific Islander
0.0%
Two or More
2.8%
Other
1.4%

Income

Median Household
$62,008
Mean Household
$77,781
Per Capita
$42,041
Below Poverty
10.1%

Housing

Median Home Value
$206,000
Median Rent
$644
Total Units
4,915
Occupied
2,881
Owner Occupied
75.0%
Renter Occupied
25.0%
Median Year Built
1972
Vacant
2,034

Education

High School or Higher 94.4%
Bachelor's or Higher 40.5%
Graduate Degree 14.3%

Employment & Commuting

Labor Force
2,578
Unemployment
2.3%
Drive Alone
60.6%
Public Transit
0.0%
Work from Home
10.7%
Avg Commute
N/A

Cost of Living Index

65.6
National average = 100. Below average by 34.4%.

Nearby ZIP Codes

55782
Soudan
12.5 mi
55706
Babbitt
12.6 mi
55790
Tower
17.3 mi
55796
Winton
17.8 mi
55705
Aurora
19.8 mi
55732
Embarrass
20.2 mi

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 55731?

ZIP code 55731 (Ely, MN) has a total population of 5,361 according to the 2024 American Community Survey.

What is the median household income in ZIP code 55731?

The median household income in ZIP code 55731 is $62,008 per year, based on 2024 Census Bureau data.

What city is ZIP code 55731 in?

ZIP code 55731 is primarily located in Ely, Minnesota (MN).

What is the median home value in ZIP code 55731?

The median home value in ZIP code 55731 is $206,000, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 55731?

The median age in ZIP code 55731 is 60.30 years, compared to the national median of 38.9 years.