HomeMinnesotaSt. Louis CountyEveleth city
Eveleth city, Minnesota: commercial real estate data.
Eveleth city 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.
76 sourced place values · tier FULL · 8 sections
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 7(a) lending to Eveleth borrowers
- Approvals6
- Gross approval$1,779,900
- Average approval$296,650
- Median approval$300,000
- Ninetieth percentile approval$521,000
- Largest approval$521,000
- Jobs supported46
- Jobs per approval7.7
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term240 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS5
A charge-off rate is not published here. only 5 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Eveleth
SBA 504 lending to Eveleth borrowers
- 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
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
These are St. Louis County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Eveleth measurements.
- Establishments in St. Louis County5,360
- Employment at those establishments, St. Louis County84,223
- Covered employment, St. Louis County95,504
- Average annual pay, St. Louis County$60,452
- Average weekly wage, St. Louis County$1,163
- Housing units permitted, St. Louis County637
- Of those, single family, St. Louis County293
- County product, 2024, St. Louis County$13,873,687,000
- County product change over the prior year, St. Louis County1.6 percent
- Average income of an arriving household, St. Louis County$61,324
Every figure in this section is published for St. Louis County as a whole and is not a measurement of Eveleth. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $1.8 m, across 4 lenders, median approval $300,000, plus 1 504 approvals worth $266,000. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Eveleth figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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