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CITY

Taconite

Minnesota · 646 residents (2025 est.) · 27.972 sq mi
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The short version

Taconite has roughly average household income, with a median household income of $84,375. Population has grown 49% since 2000. 17% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than tripled since 2000, reaching $219,600. With a median age of 54.8, the population is older than the US median of 38.9.

At a glance
Average income
near the US median
US median: $82,259
Older
median age 54.8
US median: 38.9
Less educated
17% hold a bachelor's degree
US average: 36%
Less affordable
home values up 201%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
468
+49%since 2000
from 315 in 2000
1990 – 2025
Population density
17 / sq mi
+49%since 2000
from 11 / sq mi in 2000
US average: 281
Median age
54.8
+45%since 2000
from 37.9 in 2000
US average: 38.9

PEP 2025 EST:646 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
2684055426798161990201020202024Taconite
2024468
1990201020202024
Section 02

Income & economy

Median household income
$84,375
+53%inflation adjusted, since 2000
from $30,250 in 2000
US average: $82,259
1990 – 2024
Per capita income
$49,471
+202%since 2000
from $16,357 in 2000
US average: $44,673
Households earning $100K+
55.1%
+44.8 ptssince 2009
from 10.2% in 2009
US average: 53.3%
Poverty rate
3.6%
−13.4 ptssince 2000
from 17.1% in 2000
US average: 12.5%
Income inequality (Gini)
0.365
−9%since 2010
from 0.400 in 2010
US average: 0.476
Workforce by industry, 2024
Wholesale trade14.1%
US avg: 6.9%
Retail trade11.5%
US avg: 9.9%
Agriculture, forestry, fishing7.3%
US avg: 1.6%
Information6.8%
US avg: 10.8%
Other services6.8%
US avg: 6.7%
Finance & insurance6.4%
US avg: 5.9%
Manufacturing6%
US avg: 0.4%
Public administration5.6%
US avg: 4.8%
Professional, scientific, technical3.8%
US avg: 5.1%
Education & health services2.6%
US avg: 0.9%
Construction1.3%
US avg: 1.2%
Arts, entertainment, food0.9%
US avg: 1.9%
Transportation & warehousing0%
US avg: 2.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$219,600
+201%inflation adjusted, since 2000
from $40,000 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$2,625
+324%inflation adjusted, since 2000
from $340 in 2000
US average: $1,442
Owner-occupied
89.4%
+12.2 ptssince 2000
from 77.2% in 2000
10.6% rent
Vacancy rate
17.2%
+5.9 ptssince 2009
from 11.2% in 2009
US average: 10.0%
Owner cost-burdened
16.7%
−0.7 ptssince 2009
from 17.5% in 2009
US average: 22.9%
Renter cost-burdened
95.8%
+37.1 ptssince 2009
from 58.7% in 2009
US average: 47.4%
Afford Score
2.6
+97%since 2000
from 1.3 in 2000
1990 – 2024
Gentrification Score
90
RELATED:See current rent listings in Taconite on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.9%(299)
Black0%(0)
Hispanic / Latino0.3%(1)
Asian0.6%(2)
Other0%
Diversity Score2.5%(8)
2024
White, non-Hispanic92.7%(434)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other7.3%(34)
Diversity Score16.8%(79)
Diversity Score
17
+583%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
17.1%
+11.6 ptssince 2000
from 5.5% in 2000
US average: 35.6%
High school or higher
92.1%
−0.5 ptssince 2000
from 92.6% in 2000
US average: 89.6%
Graduate degree
5.8%
+3.5 ptssince 2000
from 2.3% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
26.0 min
+124%since 2000
from 11.6 min in 2000
US average: 26.5
Drive alone to work
86.6%
+6.1 ptssince 2009
from 80.4% in 2009
US average: 68.9%
Carpooled to work
4.8%
−8.7 ptssince 2009
from 13.5% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
4.8%
+3.0 ptssince 2009
from 1.7% in 2009
US average: 15.0%
Walked to work
0.0%
−4.3 ptssince 2009
from 4.3% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
2.2%
+2.2 ptssince 2009
from 0.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
−6.2 ptssince 2011
from 6.2% in 2011
US average: 5.2%
Labor force participation
55.1%
−14.4 ptssince 2011
from 69.4% in 2011
US average: 63.5%
Self-employed
12.8%
+2.2 ptssince 2009
from 10.6% in 2009
US average: 13.1%
Management & professional
31.2%
−20.7 ptssince 2009
from 51.9% in 2009
US average: 42.5%
Section 08

People & community

Male
59.0%
+9.4 ptssince 2009
from 49.6% in 2009
Female
41.0%
−9.4 ptssince 2009
from 50.4% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
10.8%
−43.3 ptssince 2009
from 54.1% in 2009
US average: 6.2%
With a disability
15.4%
+0.5 ptssince 2012
from 14.9% in 2012
US average: 13.3%
Uninsured
3.0%
−94.5 ptssince 2013
from 97.5% in 2013
US average: 8.4%
Broadband at home
83.7%
+14.5 ptssince 2017
from 69.2% in 2017
US average: 91.0%
English only at home
100.0%
Unchangedsince 2016
from 100.0% in 2016
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2016
from 0.0% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Taconite to nearby cities

TACONITE VS
Grand Rapids
Income$61,029−28%
Home value$213,800−3%
Population11,181+1631%
SEE FULL COMPARISON →
TACONITE VS
Hibbing
Income$55,789−34%
Home value$130,200−41%
Population15,823+2349%
SEE FULL COMPARISON →
TACONITE VS
Virginia
Income$51,720−39%
Home value$120,600−45%
Population8,187+1167%
SEE FULL COMPARISON →
TACONITE VS
Cloquet
Income$61,367−27%
Home value$212,700−3%
Population12,399+1819%
SEE FULL COMPARISON →
Frequently asked

How many people live in Taconite, Minnesota?

Taconite, Minnesota has about 468 residents according to the 2024 American Community Survey.

What is the median household income in Taconite, Minnesota?

The typical household in Taconite, Minnesota earns about $84,375 a year. Half of households make more than that, and half make less.

Is Taconite, Minnesota expensive?

In Taconite, Minnesota, the median home is worth about $219,600, and the typical rent is about $2,625 a month.

How educated are people in Taconite, Minnesota?

About 17.1% of adults age 25 and over in Taconite, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Taconite, Minnesota?

About 3.6% of people in Taconite, Minnesota live below the federal poverty line.

Has Taconite, Minnesota grown since 1990?

Yes, Taconite, Minnesota has grown since 1990. The population has added about 154 residents, a change of about 49 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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