Eveleth at a Glance
Population
3,500
Median Home Value
$89,200
Nat'l avg: $281,900
Median Rent
$735
Nat'l avg: $1,163
Median Income
$43,843
Nat'l avg: $74,580
Violent Crime
1.2 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Eveleth
Dive deeper into Eveleth with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Eveleth ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Eveleth
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Eveleth
Young Professionals
Best neighborhoods for career starters in Eveleth
Retiree Neighborhoods
Best neighborhoods for retirees in Eveleth
Living In Guide
Complete guide to life in Eveleth — cost, safety, schools & more
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About Eveleth
Eveleth, Minnesota, a town of about 3,500 residents, offers a unique blend of small-town charm and remarkable affordability, making it an attractive prospect for those seeking a simpler, more budget-friendly lifestyle. Imagine owning a home for a median value of just $89,200 – a stark contrast to the national average. This incredible affordability, combined with a close-knit community, makes Eveleth a haven for first-time homebuyers, retirees, and anyone looking to escape the high costs of urban living. Here, you'll find a slower pace of life, where neighbors know each other and the emphasis is on community and outdoor recreation. From an investment perspective, Eveleth presents a compelling opportunity. While the median household income of $43,843 is lower than the national figure, the incredibly low cost of living significantly offsets this. The housing market is stable, and the town is known for its safety, making it ideal for families and individuals seeking a secure environment. Eveleth is particularly well-suited for those looking for a quiet, affordable place to call home, with the potential for long-term real estate appreciation in a market that remains significantly undervalued compared to the rest of the country.