Living in Eveleth, MN
A comprehensive, data-driven guide to life in Eveleth. Housing costs, safety statistics, walkability, air quality, and neighborhood insights — all in one place.
Population: 3,500
Eveleth at a Glance
Median Home Value
$89,200
Nat'l avg: $281,900
Median Rent
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Nat'l avg: $1,163
Violent Crime
2.8 per 1K
Nat'l avg: 3.7 per 1K
Walk Score
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Median Income
$43,843
Nat'l avg: $74,580
Air Quality
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Climate Risk
N/A
Population
3,500
National Average: Violent crime 3.7 per 1K, Property crime 17.5 per 1K
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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.