Ely is located in Lake county Minnesota with a geographic area of 2.9 square miles. The total population in Ely is 3,338 with 56.5% male and 43.5% female. Children under age 5 represent 2.5% of the population, under age 18 equal 8.7% of the population and over age 65 is 21.4% of the population. The median household income is $37,317, per capita income is $28,607. There are a total of 1,770 housing units with 58.2% owner occupied. Education includes 19.5% of residents that are high school graduates and 25.9% with a bachelor's degree or higher. The average temperature in Ely in the summer is 65 degrees, and in the winter 9 degrees.

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