All Countries
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
Housing Overview
Median Home Value
$187,100
34% below
US avg: $281,900
Median Rent
$879/mo
24% below
US avg: $1,163/mo
Homeownership Rate
71.6%
9% above US avg (65.4%)
Total Housing Units
1,807
Median year built: 1953
Home Value by Source
Census Median
$187,100
Zillow (ZHVI)
$285,518
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.6%
Owner-Occupied
28.4%
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:
$879/mo
Affordability & Housing Stock
Rent Burden
32.6%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
71.6%
Complete Housing Data
Home Values
| Census Median Value | $187,100 |
| Zillow Home Value (ZHVI) | $285,518 |
Rent
| Census Median Rent | $879 |
| 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 | 71.6% |
| Renter-Occupied | 28.4% |
| Homeownership Rate | 71.6% |
| Total Housing Units | 1,807 |
| Median Year Built | 1953 |
| Rent Burden | 32.6% |