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CITY · 2020 ACS

Taconite

Minnesota · 651 residents · 27.972 sq mi
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The short version

Taconite has lower-than-average household income, with a median household income of $59,545. The city has more than doubled in size since 2000, adding 336 residents. 15% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has roughly tripled since 2000, reaching $125,400. With a median age of 44.9, the population is older than the US median of 38.8.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 44.9
US median: 38.8
Less educated
15% hold a bachelor's degree
US average: 33%
Less affordable
home values up 109%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
651
+107%since 2000
from 315 in 2000
1990 – 2025
Population density
23 / sq mi
+107%since 2000
from 11 / sq mi in 2000
US average: 280
Median age
44.9
+18%since 2000
from 37.9 in 2000
US average: 38.8
Population, 1990 – 2024
2684055426798161990201020202024Taconite
2024468
1990201020202024
Section 02

Income & economy

Median household income
$59,545
+31%inflation adjusted, since 2000
from $30,250 in 2000
US average: $66,278
1990 – 2024
Per capita income
$32,059
+96%since 2000
from $16,357 in 2000
US average: $35,364
Households earning $100K+
40.5%
+30.2 ptssince 2009
from 10.2% in 2009
US average: 43.9%
Poverty rate
9.2%
−7.9 ptssince 2000
from 17.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade11.8%
US avg: 10%
Wholesale trade10.4%
US avg: 6.7%
Agriculture, forestry, fishing7.6%
US avg: 1.7%
Manufacturing7.3%
US avg: 0.5%
Information4.8%
US avg: 11.1%
Other services4.8%
US avg: 6.6%
Public administration3.1%
US avg: 4.7%
Arts, entertainment, food0.8%
US avg: 2%
Finance & insurance0.6%
US avg: 5.5%
Education & health services0.6%
US avg: 0.8%
Construction0.3%
US avg: 1.2%
Transportation & warehousing0%
US avg: 2.5%
Professional, scientific, technical0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$125,400
+109%inflation adjusted, since 2000
from $40,000 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$642
+26%inflation adjusted, since 2000
from $340 in 2000
US average: $1,124
Owner-occupied
81.2%
+4.0 ptssince 2000
from 77.2% in 2000
18.8% rent
Afford Score
2.1
+59%since 2000
from 1.3 in 2000
1990 – 2024
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)
2020
White, non-Hispanic91.2%(594)
Black0.5%(3)
Hispanic / Latino1.4%(9)
Asian0.2%(1)
Other6.6%(43)
Diversity Score20.1%(131)
Diversity Score
20
+716%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
15.0%
+9.5 ptssince 2000
from 5.5% in 2000
US average: 32.9%
High school or higher
91.0%
−1.6 ptssince 2000
from 92.6% in 2000
US average: 88.5%
Graduate degree
5.3%
+3.0 ptssince 2000
from 2.3% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
26.3 min
+127%since 2000
from 11.6 min in 2000
US average: 26.9
Drive alone to work
77.7%
−2.8 ptssince 2009
from 80.4% in 2009
US average: 75.1%
No vehicle available
4.9%
+4.9 ptssince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
6.3%
+0.1 ptssince 2011
from 6.2% in 2011
US average: 5.4%
Labor force participation
63.7%
−5.8 ptssince 2011
from 69.4% in 2011
US average: 63.4%
Management & professional
37.6%
−14.3 ptssince 2009
from 51.9% in 2009
US average: 39.3%
Section 08

People & community

Male
53.5%
+3.9 ptssince 2009
from 49.6% in 2009
Female
46.5%
−3.9 ptssince 2009
from 50.4% in 2009
Foreign born
0.4%
+0.4 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
9.0%
−88.5 ptssince 2013
from 97.5% in 2013
US average: 8.8%
Drill deeper

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Pop 642
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Head to head

Compare Taconite to nearby cities

TACONITE VS
Grand Rapids
Income$61,029+2%
Home value$213,800+70%
Population11,181+1631%
SEE FULL COMPARISON →
TACONITE VS
Hibbing
Income$55,789−6%
Home value$130,200+4%
Population15,823+2349%
SEE FULL COMPARISON →
TACONITE VS
Virginia
Income$51,720−13%
Home value$120,600−4%
Population8,187+1167%
SEE FULL COMPARISON →
TACONITE VS
Cloquet
Income$61,367+3%
Home value$212,700+70%
Population12,399+1819%
SEE FULL COMPARISON →
Frequently asked

How many people live in Taconite, Minnesota?

Taconite, Minnesota has about 651 residents according to the 2020 American Community Survey.

What is the median household income in Taconite, Minnesota?

The typical household in Taconite, Minnesota earns about $59,545 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 $125,400, and the typical rent is about $642 a month.

How educated are people in Taconite, Minnesota?

About 15.0% 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 9.2% 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 337 residents, a change of about 107 percent over that period.

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

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