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Ely (zip 55731), Minnesota 0 Reviews | Leave a Comment  Add Favorite


-Nearby outdoor recreation
-Historic preservation
-Attractive setting


-Winter climate
-Low job growth

What Bert Has To Say About Duluth Metro Area

Duluth is the world’s third largest inland port located about as far as possible from an ocean on the North American continent. Superior, Wisconsin, sits to the south on the other side of the harbor. Shipping, mainly grain and, to a lesser extent, iron ore, is an important part of the economy. Some of the former heavy industry is gone today but the town still retains a decidedly commercial and industrial character.


  • Profile: Small-port-city complex
  • Time zone: Central Standard Time
  • Elevation: 1417
  • Real Estate: For Sale  For Rent
  • City: Ely
  • Zip Codes: Ely (zip 55731)

Quick Facts About Ely

    The unemployment rate in Ely (zip 55731) is 5.70 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Ely (zip 55731) jobs have Increased by 0.39 percent.
    Compared to the rest of the country, Ely (zip 55731)'s cost of living is 0.50% Higher than the U.S. average.
    As of 2014, Ely (zip 55731)'s population is 5,987 people. Since 2000, it has had a population growth of -4.82 percent.
    Average Commute time is 15 minutes. The National Average is 25 minutes.
    The median home cost in Ely (zip 55731) is $160,100. Home appreciation the last year has been 2.30 percent.
    Ely (zip 55731) public schools spend $19,373 per student. The average school expenditure in the U.S. is $12,435. There are about 17 students per teacher in Ely (zip 55731).

Best Places to Live in Ely, Minnesota

Ely Housing Market

It's a good time to buy in Ely. Home Appreciation is up 2.3% in the last 12 months. Browse Ely Real Estate.
The median home price in Ely is $160,100. Browse Homes in this Range.
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