This data is based on ZIP codes 55710, 55734, 55751, 55768, 55792, which covers Mountain Iron and Eveleth and Gilbert and Iron Junction and Kinney and Leonidas and Virginia.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 55710, 55734, 55751, 55768, 55792 area shared across these towns.
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Mountain Iron ZIP Area Economy · 2022
Wages +17% vs. avg. St. Louis Co. town
Mountain Iron's ZIP area supports 9,828 jobs across 592 businesses, with workers earning an average of $63K per year, 17% above the St. Louis County average. The economy is well-diversified (0.89 index), led by retail trade and healthcare. 85.5% of businesses have fewer than 20 employees, and each business employs an average of 16.6 people. Jobs grew 3.7% from the prior year while business count grew 3.5%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. St. Louis Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
592 businesses by employee count. 85.5% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Large (100-249)
Major (250-499)
Economic Densityi
2.00+
jobs per resident
Capped: ZIP includes employers outside city limits
16.6
employees per business
County avg: 15.4+8%
$217K
payroll per resident
$1.0M
payroll per business
Mountain Iron ZIP Area vs. Avg. St. Louis Co. Towni
All Industries in ZIP Areai
| Sector | Mountain Iron ZIP | Avg. St. Louis Co. | Spec. |
|---|---|---|---|
| Retail Trade | 110 | 51 | 1.1x |
| Healthcare | 96 | 50 | 1.0x |
| Other Services | 75 | 38 | 1.0x |
| Food & Accommodation | 50 | 32 | 0.8x |
| Construction | 42 | 33 | 0.7x |
| Professional Services | 36 | 21 | 0.9x |
| Finance & Insurance | 33 | 17 | 1.0x |
| Wholesale Trade | 22 | 10 | 1.1x |
| Manufacturing | 19 | 10 | 1.0x |
| Admin Services | 18 | 11 | 0.9x |
| Transportation | 15 | 7 | 1.1x |
| Real Estate | 13 | 12 | 0.6x |
| Information | 10 | 4 | 1.3x |
| Arts & Entertainment | 8 | 8 | 0.5x |