The size of Iron Knob is approximately 11.2 square kilometres. It has 3 parks covering nearly 4.1% of total area. The population of Iron Knob in 2011 was 167 people. By 2016 the population was 127 showing a population decline of 24.0% in the area during that time. The predominant age group in Iron Knob is 60-69 years. Households in Iron Knob are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Iron Knob work in a labourer occupation. In 2011, 69.5% of the homes in Iron Knob were owner-occupied compared with 76.4% in 2016.
Iron Knob has 191 properties. Over the last 5 years, Houses in Iron Knob have seen a 36.38% increase in median value. As at 30 September 2024:
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