Ely (2010 Census 3,460) is located in the heart of the Superior National Forest and is a gateway to the Boundary Waters Canoe Area Wilderness. The region is experiencing a surge in commercial and lakeshore development.

Businesses are drawn by the region's advanced telecommunications, professional and skilled workforce, technical training opportunities, pure and plentiful water, and breathtaking natural beauty. Where else can you find a city business park on recreational trails and a trout lake? Primary industries include logging, tourism, data processing and construction.