Taconite, MN

Minnesota

Taconite is a small town in Minnesota with a population of 541. Residents earn $100,089 per year, which is 33% above the national average.

4.1 /5.0
A Great
541 Population 19/sq mi density
$100,089 Median Income $42,715 per capita
$217,900 Home Value
$2,646 Median Rent 32.7% income on rent
40°F Avg Temperature
A
Overall
4.1 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$100,089 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$217,900 home value, $2,646/mo rent
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher
Median Income $100,089
33% higher than US avg
Home Value $217,900
23% lower than US avg
Bachelor's+ 15.9%
53% lower than US avg
Median Rent $2,646
128% higher than US avg
Obesity Rate 36.0%
12% higher than US avg
Unemployment 1.1%
69% lower than US avg
Poverty Rate 2.6%
79% lower than US avg

How Taconite Compares to the U.S. Average (100% = U.S. avg)

People

Population541
Median Age46.8 yrs
Density19/mi²
Male / Female58% / 42%
Largest GroupWhite 95%
Veterans11.8%

Economy

A+
Median Income$100,089
Per Capita$42,715
Unemployment1.1%
Poverty2.6%
County GDP$2,579M
Commute26 min

Housing

A+
Home Value$217,900
Rent$2,646
OwnershipN/A
Rent Burden32.7%

Crime

ViolentN/A
PropertyN/A

Health

Obesity36.0%
UninsuredN/A
Depression26.6%
Heart Disease5.5%

Climate

Avg Temp40°F
AQI36 (Good)
Rain29.4 in/yr
Elevation1,365 ft

Education

C
Bachelor's+15.9%
High School+93.1%
School Score6.08

Community

2024 VoteR 59% / D 39%
Commute26 min
Broadband90.1%
Libraries6

Is Taconite a Good Place to Live?

Based on current data, Taconite receives an overall livability score of 4.1 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, affordable housing, a low poverty rate. Taconite stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Taconite is $100,089, which is significantly higher than the national average — 33% above $75,149. This places Taconite among higher-income communities. The job market is very strong with unemployment at just 1.1%. Only 2.6% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 26 minutes.

Cost of Living & Housing

The median home value in Taconite is $217,900, 23% below the national median — offering relatively affordable homeownership. Renters pay a median of $2,646 per month, significantly above the national average of $1,163. At just 2.2x median income, home prices are very affordable relative to local earnings.

Education

15.9% of residents hold a bachelor's degree, below the national average of 33.7%. 93.1% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Taconite has a cool climate with an average annual temperature of 40°F. Winters average 9°F in January while summers reach 68°F in July. Annual precipitation totals 29.4 inches, including 59.6 inches of snow. Air quality is rated Good with a median AQI of 36.

Taconite has a population of 541 with a density of 19 people per square mile. The median age is 46.8 years, 20% older than the national median of 38.9. The city is predominantly White (95.4%), with 3.9% Hispanic.

Population

541
Total Population
19
People / sq mi
46.8yrs
Median Age
20% above US avg
28.0mi²
Land Area

Gender Distribution

Male 58.2%
Female 41.8%

Race & Ethnicity

Taconite vs U.S. Average

Language Spoken at Home

English Only96.0%
22% above US avg
Spanish4.0%
70% below US avg

Social Characteristics

Taconite vs U.S. Average

The median household income in Taconite is $100,089, which is 33% above the national average of $75,149. The unemployment rate is 1.1% (below the 3.6% US average). 2.6% of residents live below the poverty line. Workers commute an average of 26 minutes.

Income: Taconite vs U.S.

Commute Mode

Income

Median HH Income$100,089
33% above US avg
Per Capita Income$42,715
Avg Weekly Wage$1,040
IRS Avg AGI$70,727

Employment & Poverty

Unemployment1.1%
69% below US avg
Poverty Rate2.6%
79% below US avg
Establishments (County)1,352
County GDP$2,579M

Business (County)

Restaurants107
Healthcare170
Retail178
Manufacturing36

Tax & Cost of Living

Property Tax (IRS)$4,534
30% above US avg
Effective Tax Rate2.08%

Commute & Transportation

Commute Time26.1 min
Drive Alone85.1%
Public Transit0.0%
Work from Home4.4%

Walkability

The median home value in Taconite is $217,900, 23% below the national average. Monthly rent averages $2,646 (128% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$217,900
23% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$2,646
128% above US avg
Rent Burden32.7%

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied92.3%

Property Tax

Avg Tax (IRS)$4,534
30% above US avg
Effective Rate2.08%
In Taconite, 36.0% of adults are obese (above the 32.1% national rate). 26.6% report depression. 22.8% are physically inactive.

Health Metrics: Taconite vs U.S. Average (%)

Chronic Conditions

Obesity36.0%
12% above US avg
Diabetes9.7%
Heart Disease5.5%
High Blood Pressure29.4%
Asthma10.7%
COPD5.6%
Stroke2.9%

Behaviors & Mental Health

Binge Drinking20.2%
Physical Inactivity22.8%
Depression26.6%
Mental Distress17.8%
Physical Distress12.1%

Healthcare Access

Insurance Rate93.0%
Checkup Rate71.9%
Premature Death9,838/100K

Food & Exercise

Food Environment7.9/10
Exercise Access65.9%
Healthcare Facilities170

Crime Rates: Taconite vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)4

Safety Score

Taconite has an average annual temperature of 40°F (5°C). Winters average 9°F in January while summers reach 68°F in July. Annual precipitation is 29.4 inches. Air quality is rated Good with a median AQI of 36.

Temperature

9°F Jan (-13°C) 68°F Jul (20°C)
Annual Average40.1°F
26% below US avg
January Average9°F (-13°C)
July Average68°F (20°C)

Precipitation & Snow

Annual Rainfall29.4 inches
23% below US avg
Snowfall59.6 inches/yr

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,365 ft (416 m)
Area28.0 sq mi (72.4 km²)
Population Density19/sq mi
Coordinates47.3180°N, 93.3829°W
County FIPS27061
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 15.9% of residents hold a bachelor's degree or higher (53% below US avg). In the 2024 election, the county voted Republican by a 20.2-point margin. 90.1% of households have broadband internet.

2024 Presidential Election (County)

R 59.3%
D 39.1%

Winner: Republican by 20.2 points

Education

Bachelor's Degree+15.9%
53% below US avg
High School+93.1%
School Test Score6.08
C Education Grade (2.3/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density19/sq mi
Total Area28.0 sq mi

Infrastructure & Services

Broadband Access90.1%
Public Libraries6
Healthcare Facilities170
Restaurants107
Retail Stores178

Safety & Disasters

Fatal Crashes (County/yr)4

Commute & Transportation

Avg Commute26.1 min
Drive Alone85.1%
Public Transit0.0%
Work from Home4.4%

Nearby Cities

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