Ely
Minnesota
City👥
Population
3,239
🎂
Median Age
50.7 yrs
💰
Median Income
$46,042
🏠
Median Home Price
$150,800
About Ely
Nestled on the edge of the Boundary Waters Canoe Area Wilderness in northeastern Minnesota, Ely is one of those rare places that gets under your skin. It's a small town — just over 3,200 people call it home — but it punches well above its weight in character, natural beauty, and community spirit. If you're…
Nestled on the edge of the Boundary Waters Canoe Area Wilderness in northeastern Minnesota, Ely is one of those rare places that gets under your skin. It’s a small town — just over 3,200 people call it home — but it punches well above its weight in character, natural beauty, and community spirit. If you’re weighing a move to Ely, you’re probably already drawn to what makes it special. This guide will help you understand what daily life actually looks like beyond the postcard scenery.
A City That Fits Multiple Lifestyles
Ely sits at the end of Highway 169, surrounded by the Superior National Forest and countless lakes, which shapes the personality of the town in a fundamental way. The permanent population skews older — the median age is around 51 — and that reflects a community of people who have deliberately chosen a quieter, nature-centered life. You’ll find retirees who moved here for the peace, longtime locals whose families have been here for generations, and outdoor professionals who turned a passion into a career. Downtown Ely, centered along Sheridan Street, has an eclectic mix of outfitters, restaurants, galleries, and locally owned shops that give it a genuine small-town feel rather than a tourist trap aesthetic, even though seasonal visitors are very much part of the economy.
Cost of Living and Housing
One of Ely’s most compelling advantages is affordability. The median home price hovers around $150,800, which is remarkably accessible compared to most desirable small towns in the United States. For that price, you can often find a solid single-family home on a wooded lot, sometimes with lake access or proximity to one of the area’s many entry points into the BWCA. The neighborhoods closest to Miners Lake and Shagawa Lake tend to be particularly popular with newcomers. The median household income in Ely is approximately $46,000, so it’s worth being realistic: housing is affordable partly because wages reflect a more modest local economy. Budget carefully, especially if you’re planning to finance your move without remote income or retirement savings to supplement local earnings.
Employment and Economy
Ely’s economy revolves around tourism, healthcare, education, and government services. Ely-Bloomenson Community Hospital is one of the area’s most significant employers, along with the Ely Public Schools district and various county and state agencies tied to managing the surrounding wilderness lands. The outdoor recreation industry — outfitters like Moose Country Outfitters and numerous BWCA permit operations — supports a meaningful number of jobs, though many are seasonal. Remote work has become an increasingly viable path for newcomers, and the town has improved its broadband infrastructure in recent years to support it. If you’re an entrepreneur, there’s genuine opportunity in serving both residents and the steady flow of visitors, particularly in hospitality, guiding, and specialty retail.
Lifestyle and Recreation
Living in Ely means the wilderness is your backyard in a very literal sense. The BWCA offers canoeing, fishing, and camping across over a million acres of protected land. Winter brings cross-country skiing, snowshoeing, and ice fishing on Shagawa Lake. The International Wolf Center and the North American Bear Center are genuine world-class institutions that give the town an unexpected intellectual energy. Community events like the Harvest Moon Festival and the Blueberry Arts Festival bring neighbors together and remind you why small-town life has real advantages over urban anonymity.
The Bottom Line
Ely is not for everyone, and that’s part of what makes it work for the people who belong here. Winters are long and serious. Amenities are limited — a trip to Duluth is often necessary for major shopping or medical specialists. But if you value clean air, genuine community, affordable housing, and a life organized around nature rather than convenience, Ely delivers in ways that are hard to find anywhere else. Go in with clear eyes, and you may find exactly what you’ve been looking for.
🏠 Housing & Cost of Living
Median Home Price
$150,800
Median Rent
$627
Homeownership Rate
63.9%
💼 Employment & Economy
Unemployment Rate
2.7%
Ely Resources
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Quick Facts
- Population
- 3,239
- Diversity Index
- 8.2
- Land Area
- 2.9 sq mi
- Population Density
- 1,108/sq mi
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