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The total population of Iron Junction is estimated to be 85 with 39 males (45.88%) and 46 females (54.12%). There are 7 more females than males in Iron Junction.
The median household income in Iron Junction was $66,206 in 2021, which marked an an increase of 10,611(19.09%) from $55,595 in 2020. This income is 88.74% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Iron Junction sees its highest median household income among householders in the age group of 45 to 64 years old, at $77,015. Overall, the median household income for the city of Iron Junction stands at $66,206.
In Iron Junction, the median income for all workers aged 15 years and older, regardless of work hours, was $51,794 for males and $26,347 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,019 for males and $34,936 for females.
In 2022, the population of Iron Junction was 107, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Iron Junction's population was 107, a decline of 0.93% compared to a population of 108 in 2020.
The median age in Iron Junction, MN is 39.5, as per 2021 ACS 5-Year Estimates. Of the total population, 23.36% were under the age of 15, 14.95% aged 15 to 29, 45.79% aged 30 to 64, 13.08% aged 65 to 84, and 2.80% were 85 years of age and older.
Racial distribution of Iron Junction population: 88.79% are White and 11.21% are multiracial.