Estimated per capita income in 2016: $28,510 (it was $18,761 in 2000) Mountain Iron city income, earnings, and wages data estimated median house or condo value in.

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The median home value in Iron Mountain, MI is $ 98,300. This is higher than the county median home value of $ 95,500. The national median home value is $ 185,800. The average price of homes sold in Iron Mountain, MI is $ 98,300. Approximately 64.84% of Iron Mountain homes are owned, compared to 22.9% rented, while 12.25% are vacant.