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The total population of Taconite is estimated to be 625 with 333 males (53.28%) and 292 females (46.72%). There are 41 less females than males in Taconite.
The median household income in Taconite was $66,574 in 2021, which marked an a decrease of 899(1.33%) from $67,473 in 2020. This income is 89.23% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Taconite sees its highest median household income among householders in the age group of 25 to 44 years old, at $113,721. Overall, the median household income for the city of Taconite stands at $66,574.
In Taconite, the median income for all workers aged 15 years and older, regardless of work hours, was $49,655 for males and $29,218 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $73,831 for males and $55,547 for females.
In Taconite, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $170,919, while White households have a median household income of $65,960.
In 2022, the population of Taconite was 645, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Taconite's population was 645, a decline of 0.77% compared to a population of 650 in 2020.
The median age in Taconite, MN is 46.4, as per 2021 ACS 5-Year Estimates. Of the total population, 15.44% were under the age of 15, 17.28% aged 15 to 29, 47.45% aged 30 to 64, 17.42% aged 65 to 84, and 2.41% were 85 years of age and older.
Racial distribution of Taconite population: 95.33% are White, 0.99% are American Indian and Alaska Native and 3.68% are multiracial.