City profile · Minnesota · Census ACS 2023

Taconite, MN

Population, income, housing, safety, climate and schools for Taconite - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

541
Residents
$100,089
Median income
$217,900
Median home
$1,074
Median rent (state)

Taconite - the verdict

Out of every US city with 1,000+ residents, Taconite places in the 78th percentile for household income. Source: Census ACS.

78th
percentile, household income
48th
percentile, home value
26th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Taconite, MN

Taconite is a small town in Minnesota, home to 541 residents per U.S. Census Bureau ACS 2023 estimates. The typical household in Taconite brings in $100,089 a year, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 2.6%. Typical homes in Taconite are valued around $217,900, and the median resident age is 46.8 years. Educational attainment runs 15.9% of adults with a bachelor's degree or higher. Separately, 56.3% of working-age residents are in the labor force.

The Census Building Permit Survey recorded 3 residential units authorized here in 2024 (Building Boom), up 200% from five years earlier.

Minnesota tracks close to the national cost-of-living baseline: BEA Regional Price Parities 2024 puts Minnesota at 98.6 on a 100-equals-national-average scale (Near Average). A typical two-bedroom carries a HUD Fair Market Rent of $1,074 per month statewide. EIA 2023 residential energy data puts Minnesota's average monthly utility costs around $225 (state average). FEMA's National Risk Index rates natural-hazard exposure at 76.7 out of 100 (High).

Population

541 residents

Census ACS 2023 - Minnesota

Median Household Income

$100,089 /yr

Poverty 2.6%

Cost of Living Index (state)

98.6 (US=100)

Near Average - BEA RPP 2024, Minnesota average

How does Taconite compare to other US cities?

Where Taconite sits among all US cities (population 1,000+) on each measure, computed live from Census and FBI data.

Household income 78% higher than other cities
Home value 48% pricier than other cities
Median rent 26% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Taconite against every qualifying US city; each in-state rank narrows that to Minnesota only. Full formula and direction notes: methodology.

Minnesota-relative analysis

Poverty Rate sits close to the middle of Minnesota's city distribution

Among the 785 Minnesota cities PlainCities tracks with reported poverty rate data, Taconite ranks #565 - the 27th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Taconite only against its own state's cities, not the full US field.

Median Household Income
#122 of 775
84th percentile in Minnesota
Median Gross Rent
#376 of 785
50th percentile in Minnesota
Median Home Value
#282 of 774
64th percentile in Minnesota
Poverty Rate
#565 of 785
27th percentile in Minnesota
Bachelor's Degree or Higher
#537 of 784
31st percentile in Minnesota

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Minnesota only, not a livability score. See the methodology for the source and calculation.

78thIncome percentile

78th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Taconite's home value compares nationally

Median home value vs. every US city (population 1,000+)

$217,900 Among the most affordable more affordable than 52% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). This entry sits in this band. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Taconite $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Taconite, MN Taconite, MN's reported median household income shown against the U.S. national quintile-share pattern (not Taconite, MN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Taconite, MN median $100,089/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Taconite, MN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Taconite, MN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 15.9%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 2.6%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 56.3%

Census ACS S2301, share of working-age residents in the labor force

Population
541
Median Income
$100,089
Median Home Value
$217,900
Median Age
46.8
Poverty Rate
2.6%
Labor force participation
56.3%
Bachelor's Degree+
15.9%

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
642 residents644 residents646 residents648 residents650 residents652 residents 202020212022202320242025 650 residents 646 residents ▼ -0.6%
Taconite's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

📈 Building Boom
Total Permits (2024)
3
housing units authorized
Single-Family
3
detached homes
Multifamily
0
apartments & condos
Supply Intensity
5.5
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 1
2020 0
2021 0
2022 1
2023 0
2024 3

Permit volume increased 200% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
85.1%
Carpool
4.8%
Public Transit
0.0%
Walk
2.0%
Work from Home
4.4%
Other
3.7%

Based on 249 workers 16 and over.

Monthly Utility Costs

State-average estimates for Minnesota - EIA 2023 residential energy data

Electricity
$95
avg/month
Natural Gas
$85
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$225
estimated/month

Estimates reflect Minnesota state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Minnesota state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Taconite sits in

Cost of Living Index
98.6
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,074/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
76.7 / 100
High
FEMA NRI composite score (county)

Similar Cities in Minnesota

Medicine Lake
541 people
Ranier
541 people
Hill City
543 people
White Earth
543 people
Balaton
544 people
Hamburg
544 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Taconite's 541 residents (Census ACS 5-Year 2023).

Goessel, KS
541 people
Caneyville, KY
541 people
Mulliken, MI
541 people
Atlantic, NC
541 people
Gallaway, TN
541 people
McDonald, TN
541 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Taconite's $100,089 (Census ACS 5-Year 2023, table B19013).

Healdsburg, CA
$100,082 median income
Olinda, HI
$100,096 median income
Weymouth, MA
$100,077 median income
Union, IL
$100,104 median income
Feather Sound, FL
$100,070 median income
Shiloh, IL
$100,058 median income

Race & Ethnicity Composition

Race and ethnicity - Taconite, MN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Taconite, MN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 95.4% ETHNICITY, Hispanic or Latino (any race) 0.0% White 95.4% Black or African American 0.0% Asian 0.0% American Indian 1.3% Native Hawaiian 0.0% Some other race 0.0% Two or more races 3.3% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Taconite compares to nearby Minnesota cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Taconite (this city) 541 $100,089
Medicine Lake 541 $161,250
Ranier 541 $81,389
Hill City 543 $39,583
Census ACS 5-year FIPS MN Census BPS 2024 OMB Bulletin 23-01

What do people ask about Taconite, MN?

What is the population of Taconite, MN? +

541 people live in Taconite, MN according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Taconite, MN? +

Median annual household income in Taconite runs $100,089, based on Census ACS 2023 data.

What is the cost of living in Taconite? +

BEA does not publish a city-level cost-of-living figure for Taconite; the closest available measure is the Minnesota state average, a cost of living index of 98.6 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Minnesota vary by metro area.

What is the median home value in Taconite, MN? +

A typical home in Taconite is worth $217,900, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.