Taconite, MN
Full City Profile · Minnesota · Itasca County County
4.1
/5.0
A
Great
541
Population
19/sq mi density
$100,089
Median Income
$42,715 per capita
$217,900
Home Value
$131,300 Zillow
$2,646
Median Rent
32.7% income on rent
40°F
Avg Temperature
A
Overall
4.1 / 5.0
Strong
A+
Economy
5.0 / 5.0
$100,089 median income, 1.9% 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
Housing Overview
Median Home Value
$217,900
23% below
US avg: $281,900
Median Rent
$2,646/mo
128% above
US avg: $1,163/mo
Homeownership Rate
92.3%
41% above US avg (65.4%)
Total Housing Units
302
Median year built: 1977
Home Value by Source
Census Median
$217,900
Zillow (ZHVI)
$131,300
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
92.3%
Owner-Occupied
7.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$2,646/mo
Affordability & Housing Stock
Rent Burden
32.7%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
92.3%
Complete Housing Data
Home Values
| Census Median Value | $217,900 |
| Zillow Home Value (ZHVI) | $131,300 |
Rent
| Census Median Rent | $2,646 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 92.3% |
| Renter-Occupied | 7.7% |
| Homeownership Rate | 92.3% |
| Total Housing Units | 302 |
| Median Year Built | 1977 |
| Rent Burden | 32.7% |