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, Black or African American, Asian, Native Hawaiian or Pacific Islander, other race and multiracial populations.

Population by Race

White

Two or more races

Native American

Black or African American

Asian

Native Hawaiian or Pacific Islander

Other race

Race	Population	Percentage (of total)
White	516	95.38%
Two or more races	18	3.33%
Native American	7	1.29%
Black or African American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%
Other race	0	0%

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