Two Harbors, MN
Full City Profile · Minnesota · Lake County County
3.6
/5.0
B+
Good
3,598
Population
1,100/sq mi density
$62,885
Median Income
$30,912 per capita
$187,100
Home Value
$285,518 Zillow
$879
Median Rent
32.6% income on rent
41°F
Avg Temperature
249 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$62,885 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$187,100 home value, $879/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.7 / 5.0
21.5% bachelor's degree or higher
Income Overview
Median Household Income
$62,885
16% below
US avg: $75,149
Per Capita Income
$30,912
21% below
US avg: $39,052
Unemployment Rate
0.6%
83% below
US avg: 3.6%
Poverty Rate
9.7%
22% below
US avg: 12.4%
Income Comparison: Two Harbors vs. U.S. Average
Each bar shows Two Harbors’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$62,885
84%
Per Capita
US: $39,052
$30,912
79%
IRS Avg AGI
US: $72,000
$69,182
96%
Avg Weekly Wage
US: $1,432
$1,047
73%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,047
27% below US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
4.1%
73% below US avg (15.2%)
Drive Alone
77.5%
6% above US avg (73.2%)
Public Transit
0.6%
88% below US avg (5.0%)
County GDP
$565M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
77.5%
Public Transit
0.6%
Work From Home
4.1%
Other
17.8%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
378
Restaurants
71
Healthcare
32
Retail
53
Manufacturing
19
Tax & Financial
IRS Avg Adjusted Gross Income
$69,182
4% below US avg ($72,000)
Avg Property Tax
$4,145
18% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $62,885 |
| Per Capita Income | $30,912 |
| IRS Avg Adjusted Gross Income | $69,182 |
| Avg Weekly Wage | $1,047 |
| County GDP | $565M |
Hardship Indicators
| Unemployment Rate | 0.6% |
| Poverty Rate | 9.7% |
| Gini Coefficient | 0.397 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 77.5% |
| Public Transit | 0.6% |
| Work From Home | 4.1% |
Businesses
| Total Establishments | 378 |
| Restaurants | 71 |
| Healthcare | 32 |
| Retail | 53 |
| Manufacturing | 19 |
Tax
| IRS Avg AGI | $69,182 |
| Avg Property Tax | $4,145 |
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