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Taconite, MN

Full City Profile · Minnesota · Itasca County County

3.3 /5.0
B Good
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 276 sunny days/yr
218 Violent Crime/100K 3,512 property/100K
B
Overall
3.3 / 5.0
Good 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
F
Safety
1.0 / 5.0
218 violent crimes/100K
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
92%
8%
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-Occupied92.3%
Renter-Occupied7.7%
Homeownership Rate92.3%
Total Housing Units302
Median Year Built1977
Rent Burden32.7%