HomeMinnesotaSt. Louis CountyEveleth
Eveleth, Minnesota: commercial real estate data.
Eveleth is a Census city of 3,448 people across 6.30 square miles of land, in St. Louis County. Median household income is $50,725, 66.8 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $1.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Eveleth
What Eveleth is
- Census place typecity
- Land area6.3 sq mi
- Water area0.18 sq mi
- Population per square mile of land547
- County holding the largest share of its areaSt. Louis County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Eveleth
How many people live in Eveleth
- Population3,448
- Median age39.1
- Population under 18690 plus or minus 163
- Share under 1820.0 percent plus or minus 4.7
- Population 65 and over644 plus or minus 141
- Share 65 and over18.7 percent plus or minus 4.1
- Households1,661
- Family households801
- Share of households that are families48.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Eveleth
Income and work in Eveleth
- Median household income$50,725
- Per capita income$32,423
- Civilian labor force1,771
- Employed1,670
- Unemployed101 plus or minus 89
- Unemployment rate5.7 percent plus or minus 5.0
- Adults 25 and over2,380
- Adults 25 and over with a high school diploma or higher93.0 percent
- Adults 25 and over with a bachelor degree or higher19.9 percent plus or minus 5.1
- Adults 25 and over with a graduate degree4.7 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Eveleth
Housing in Eveleth
- Housing units1,945
- Occupied units1,661
- Vacant units284 plus or minus 119
- Vacancy rate14.6 percent plus or minus 6.0
- Owner occupied1,110
- Renter occupied551 plus or minus 138
- Ownership rate66.8 percent
- Median owner-occupied home value$97,600
- Median gross rent, monthly$904
- Annual rent as a share of median income21.4 percent plus or minus 5.1
- Single family units1,372
- Share single family70.5 percent
- Units in buildings of two or more558 plus or minus 182
- Share in buildings of two or more28.7 percent plus or minus 9.0
- Mobile homes15 plus or minus 18
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Eveleth
How Eveleth gets to work
- Workers 16 and over who commute1,573
- Commuting under 15 minutes603 plus or minus 179
- Share commuting under 15 minutes38.3 percent plus or minus 10.6
- Commuting 30 minutes or more311 plus or minus 114
- Share commuting 30 minutes or more19.8 percent plus or minus 6.9
- Drove alone85.4 percent
- Carpooled6.9 percent plus or minus 3.8
- Public transport0.2 percent plus or minus 0.5
- Walked1.1 percent plus or minus 1.3
- Worked from home1.6 percent plus or minus 1.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Eveleth
SBA loans in Eveleth (7(a))
- Approvals6
- Gross approval$1,779,900
- Average approval$296,650
- Median approval$260,000
- Largest approval$521,000
- Jobs supported46
- Jobs per approval7.7
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term180 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS5
Counted by borrower city: approvals to borrowers whose address is in Eveleth, in any county, FY2020 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Eveleth
SBA loans in Eveleth (504)
- Approvals1
- Gross approval$266,000
- Average approval$266,000
- Median approval$266,000
- Largest approval$266,000
- Jobs supported12
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Eveleth, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
St. Louis County, not Eveleth
St. Louis County context, not Eveleth figures
- Establishments in St. Louis County5,360
- Covered employment, St. Louis County95,504
- Average annual pay, St. Louis County$60,452
- Housing units permitted, St. Louis County637
Every figure in this section is published for St. Louis County as a whole and is not a measurement of Eveleth.
All St. Louis County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Eveleth questions, answered from the record.
How many people live in Eveleth, Minnesota?
3,448, in 1,661 households. Eveleth city covers 6.30 square miles of land, which is 547 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Eveleth in?
St. Louis County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Eveleth?
$50,725. The median owner-occupied home is valued at $97,600. Median gross rent is $904 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Eveleth businesses?
6 7(a) approvals totaling $1.8 m since FY2020, across 4 lenders, median approval $260,000, plus 1 504 approvals worth $266,000 since FY2010. These count approvals to borrowers whose address is in Eveleth, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Eveleth borrowers get paid back?
No rate is published for Eveleth. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Eveleth figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for St. Louis County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Eveleth.
Is zoning published for Eveleth?
No. Nothing on this page presents parcel level zoning.
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