Taconite

County:: Itasca County
County Seat:: No
Area (mi²):: 27.972
State:: Minnesota

Taconite is a city located in Itasca County, Minnesota. Taconite has a 2025 population of 640. Taconite is currently declining at a rate of -0.31% annually and its population has decreased by -1.39% since the most recent census, which recorded a population of 649 in 2020.

The average household income in Taconite is $100,917 with a poverty rate of 3.51%.The median age in Taconite is 46.8 years: 46.3 years for males, and 49.8 years for females.

Demographics

The racial composition of Taconite includes 95.38% White, and smaller percentages for Native American and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	516	95.38%
Two or more races	18	3.33%
Native American	7	1.29%

Taconite Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Taconite's average per capita income is $59,300. Household income levels show a median of $100,089. The poverty rate stands at 3.51%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$119,750	-
Families	$118,625	$120,583
Households	$100,089	$100,917
Non Families	$57,500	$55,674

$59,300

Average Income

$100,089

Median Household Income

3.51%

Poverty Rate