Home / Select Cities  /  2024 Comparing Princeton, MN vs. Ironwood, MI

2024 Compare Cities Economy:
Princeton, MN vs Ironwood, MI

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Highlights
- Household income in Ironwood, is 30% less than it is in Princeton and is 124% below the National Average.
- Princeton unemployment rate is 7.9%.
- Ironwood unemployment rate is 5.6%.

Economy
 Princeton, MNIronwood, MIUnited States
 Unemployment Rate7.9%5.6%6.0%
 Recent Job Growth1.8%-0.3%1.6%
 Future Job Growth31.9%17.8%33.5%
 Sales Taxes7.4%6.0%6.2%
 Income Taxes7.1%4.3%4.6%
 Income per Cap.$29,978$27,138$37,638
 Household Income$43,968$30,755$69,021
 Family Median Income$56,653$46,362$85,028
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 Est. Households By Income
 Princeton, MNIronwood, MIUnited States
 Income Less Than 15K12.1%15.2%9.4%
 Income between 15K and 20K6.0%9.1%3.8%
 Income between 20K and 30K13.4%24.7%8.1%
 Income between 30K and 40K13.6%11.1%8.0%
 Income between 40K and 50K7.6%10.1%7.6%
 Income between 50K and 60K8.1%8.8%7.2%
 Income between 60K and 75K6.9%4.4%9.6%
 Income between 75K and 100K10.5%6.5%12.8%
 Income between 100K and 150K18.4%7.1%16.3%
 Income between 150K and 200K2.1%0.9%7.8%
 Income greater than 200K1.3%2.2%9.5%
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 Population By Occupation
 Princeton, MNIronwood, MIUnited States
 Management, business, finance11.1%6.8%16.4%
 Engineering, computers, science3.8%4.7%6.5%
 Community, social services7.9%2.2%1.8%
 Legal0.0%1.6%1.2%
 Education, library1.2%2.2%6.2%
 Arts, design, media, sports, entertainment2.2%1.1%2.0%
 Healthcare practitioners and technology0.6%5.0%6.2%
 Healthcare support10.7%3.5%3.3%
 Firefighters, law enforcement0.4%2.2%2.1%
 Food preparation, serving10.2%7.8%5.4%
 Building maintenance4.0%6.2%3.6%
 Personal care1.7%2.8%2.6%
 Sales, office, administrative support16.7%16.5%20.9%
 Farming, fishing, forestry0.0%1.1%0.6%
 Construction, extraction, maintenance/repair10.7%11.7%8.1%
 Production, transportation, material moving18.7%24.6%13.1%

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Reviews for Ironwood    3 Reviews

Over 13 years ago

Have lived here 7 years. Moved here from a large Midwestern city. Wonderful place to retire if you like fairly long winters and don't mind 150+ inches of snow every  More

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Over 15 years ago

It is called the big snow country for a reason. It snows...a lot...and gets very chilly. The winters last a good 6-7 months. If you like to ski, ice fish, snowmobile, or  More

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Over 16 years ago

The western U.P. is amazing. There's the obvious attractions like ski areas and the world's tallest fiberglass Native American statue, but walking on the shores of Lake  More

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ZIPS IN PRINCETON, MINNESOTA
55371
ZIPS IN IRONWOOD, MICHIGAN
49938

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