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These days, finding an affordable place to live in the Taconite Harbor area can be challenging. Home prices in Taconite Harbor are now at a median cost of $338,500, lower than the Minnesota average of $345,793.
The average cost of rent is $1,110/mo in Taconite Harbor, primarily driven by the current value of real estate in the Taconite Harbor area. In Taconite Harbor, 12.32% of households rent, and 50.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Taconite Harbor is $4,857 per month. Households that rent pay about 22.85% of their income on rent here. Taconite Harbor’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Schroeder, MN: equally priced homes
- Tofte, MN: equally priced homes
- Little Marais, MN: less expensive homes
- Murphy City, MN: equally priced homes
- Lutsen, MN: higher priced homes
- Finland, MN: less expensive homes
- Lax Lake, MN: less expensive homes
- Silver Bay, MN: less expensive homes
- Beaver Bay, MN: less expensive homes
- Isabella, MN: equally priced homes
Cities with Similar Populations
- St. Vincent, MN: less expensive homes
- Harriman, WY: higher priced homes
- Hartland, CT: equally priced homes
- Harvard, NY: less expensive homes
- Hayes, SD: less expensive homes
- Heil, ND: less expensive homes
- Hermosa, CO: higher priced homes
- Hess, OK: less expensive homes
- St. Vincent, AR: less expensive homes
- Hannatown, GA: less expensive homes
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