Ely, a city located in the state of Minnesota (MN), is home to a population of approximately 3,265 people. Ely boasts a median age of 46.3, with around 33.2% of its residents aged 60 or above. 8.7% of the population identifies as US Veterans. 13.3% of Ely residents are disabled. The city has an average household income of $47,095, while the unemployment rate stands at 2.8%, and around 13.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Ely is $150,801, with a monthly rent averaging $563.