Taconite

Population: 541
Median household income: $100,089
Median home value: $217,900

Taconite is a community in Itasca County, Minnesota, home to 541 residents. At $100,089, its median household income sits above Itasca County's $66,380.

From 2019 to 2023, Taconite's population declined 29.7% from 770 to 541, while its median home value rose 121.0% from $98,600 to $217,900.

The median resident is 46.8 years old. The largest age group is 5 to 17, 21.8% of residents.

Demographics

ACS 2019–2023

Population: 541
Median age: 46.8 yrs
Median household income: $100,089
Median home value: $217,900
Median gross rent: $2,646
Housing units: 268
Homeownership rate: 92.3%
Bachelor's degree or higher: 15.9%
Unemployment rate: 1.9%

Trends

ACS 5-year · 2019–2023

Population

770541

Median household income

$57,292$100,089

Median home value

$98,600$217,900

Median gross rent

$702$2,646

Year	Population	Median household income	Median home value	Median gross rent
2019	770	$57,292	$98,600	$702
2020	753	$59,545	$125,400	$642
2021	706	$61,591	$136,500	$475
2022	625	$70,000	$169,000	$669
2023	541	$100,089	$217,900	$2,646

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 51.7%

5 to 1721.8%

18 to 244.4%

25 to 347.0%

35 to 4410.4%

45 to 5415.5%

55 to 6418.5%

65 to 7413.1%

75 and over7.6%

	Count	Share
Under 5	9	1.7%
5 to 17	118	21.8%
18 to 24	24	4.4%
25 to 34	38	7.0%
35 to 44	56	10.4%
45 to 54	84	15.5%
55 to 64	100	18.5%
65 to 74	71	13.1%
75 and over	41	7.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	516	95.4%
Black or African American	0	0.0%
American Indian & Alaska Native	7	1.3%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	18	3.3%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma6.9%

High school graduate23.6%

Some college or associate's53.6%

Bachelor's degree11.5%

Graduate or professional degree4.4%

	Count	Share
No high school diploma	27	6.9%
High school graduate	92	23.6%
Some college or associate's	209	53.6%
Bachelor's degree	45	11.5%
Graduate or professional degree	17	4.4%

Commute to work

Mean travel time to work: 26 min

Drove alone85.1%

Carpooled4.8%

Public transit0.0%

Walked2.0%

Bicycle0.0%

Worked from home4.4%

Other means3.6%

How workers get to work

	Count	Share
Drove alone	212	85.1%
Carpooled	12	4.8%
Public transit	0	0.0%
Walked	5	2.0%
Bicycle	0	0.0%
Worked from home	11	4.4%
Other means	9	3.6%

Travel time

	Count	Share
Under 15 min	51	21.4%
15 to 29 min	104	43.7%
30 to 44 min	33	13.9%
45 to 59 min	28	11.8%
60+ min	22	9.2%

Households

Average household size: 2.45
Poverty rate: 3.5% (19 of 541)

	Count	Share
Family households	151	68.3%
Nonfamily households	70	31.7%

Housing

Median year structure built: 1982

Occupancy

	Count	Share
Occupied	221	82.5%
Vacant	47	17.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	204	92.3%
Renter-occupied	17	7.7%

1-unit, detached90.7%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units1.1%

20 or more units0.0%

Mobile home & other8.2%

Units in structure

	Count	Share
1-unit, detached	243	90.7%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	3	1.1%
20 or more units	0	0.0%
Mobile home & other	22	8.2%

Geography

Place GEOID: 2764048
Type (LSAD): 25
Land area: 28 sq mi
Water area: 1.65 sq mi
Center point: 47.3180, -93.3829