Ely (55731) in Minnesota Real Estate, Demographics, Mortgage and Jobs

USA	Minnesota	Ely Minnesota

Ely, MN 55731

Ely (55731) has an estimated 5,820 residents with 5,597 of those people in approximately 2,856 housing units. The 55731 zipcode contains 1,107 housing units that are owned with a mortgage or a loan, 1,033 housing units that are owned free and clear and 716 housing units that are renter occupied.

Zip code 55731 is in the Duluth metropolitan area.
The median estimated home value in Ely, MN (55731) is $126,900 as of 2018-10-31

The Zillow Market Health Index for Ely, MN (55731) is 4.78. The corresponding state value is 8.63. This is significantly lower than the overall Market Health Index of Minnesota.
Metro value is 4.25.
This is higher than the overall Market Health Index of Duluth.

Demographics of Ely zipcode 55731
The median age here is 50.80. This age is 133.7% the national median age.
This population is much older than the national average.
The number of male residents is 2,971 with a median age of 49.10 years. The number of female residents is 2,849 with a median age of 52.40 years. This yields a ♂ to ♀ ratio of 1.04
The average household is 1.96 persons and has an income of $54,577.
The average family size in Ely is 2.56.
Area Code: 218
Time zone: Central USA
Region: Midwest - West North Central
Has Daylight Saving: Yes
Businesses: 255
Employment: 1,558
Medicare Area: Duluth, MN-WI
County: SAINT LOUIS

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