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Iron Mountain has a population of approximately 7,516 and experiences a population change rate of -7.82%. The population density is 996.3 / sq mi .
The median household income for Iron Mountain is $50,099, with 3,296 households and an average household size of 2.23.
The median value of a home in Iron Mountain is $115,000 with an appreciation rate of 23.10%. 66.72% of housing in the state is owned while 25.29% is rented.
The cost of living in Iron Mountain is 78.1 %.
The unemployment rate in Iron Mountain is 3.70%, and recent job growth is at -0.69%. Future job growth is projected at 29.73%.
The sales tax rate in Iron Mountain is 6.00%, while the income tax rate is 4.25% .
School expenditures in Iron Mountain are $10,823, and the school ratio is 17.3:1.
The average high temperature in July is 79 degrees, with an average low temperature in January of 3.6 degrees. The average rainfall is approximately 27.8 inches per year, with 58.2 inches of snow per year.
