Taconite is a small town of 625 in Minnesota, with a median household income of $70,000
and a 2.6% unemployment rate.
Its cost of living index is 93 (US average = 100), which is
7% below the national average.
Strengths:
Taconite stands out for an affordable cost of living, below-average home prices, short average commutes.
Trade-offs:
No major red flags stand out in the available data. Whether Taconite is right for you depends on your priorities — the full breakdown is below.
All Taconite city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 92.9
Taconite's overall cost of living index is 92.9,
where 100 represents the US national average.
Living in Taconite costs roughly 7% less than the average American city.
Metric
Taconite, MN
National Avg
Median Home Value
$169,000
$244,900
Median Monthly Rent
$669
$1,163
Homeownership Rate
96.5%
65.9%
Median Household Income
$70,000
$74,755
Crime & Safety
Very Safe
Taconite's violent crime rate is 139.6 per 100,000 residents
— 63% lower than the national average of ~380 per 100,000.
Violent Crime
139.6 /100k
Property Crime
534.0 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
Taconite, MN
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
17.7%
35.4%
High School Diploma or Higher
92.5%
91.1%
Weather & Climate
Taconite sees average highs of 18.9°F in January
and 79.7°F in July,
with 29.4 inches of annual precipitation
and 59.6 inches of snow per year.
Taconite's cost of living index is 93, where 100 is the national average.
That makes Taconite roughly 7% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $169,000 and median rent is $669/month.
Taconite's violent crime rate is 139.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 534.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Taconite, MN has a population of 625, a median household income of $70,000, and an unemployment rate of 2.6%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Taconite averages 18.9°F in January and 79.7°F in July. Annual rainfall is 29.4 inches
with about 59.6 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Taconite, MN is covered by 2 ZIP codes: 55709, 55786.
The population of Taconite, Minnesota is 625 with a median age of 49.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Taconite: cost of living index 93 (100 = US average), median home $169,000, median household income $70,000, crime index 32 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Taconite side by side with your current city to see the trade-offs.