Living in Taunton, Minnesota

Cost of living, income, home prices, rent and demographics of Taunton · Census data 2020–2024

Taunton has 128 residents with a median age of 36.8. The median household income is $45,313 (49% lower than the Minnesota median), the median home value is $76,900, the median rent is $613/month.

Taunton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Taunton at a glance

Population
128
Median age
36.8State: 38.8
Median household income
$45,313State: $89,062
Median home value
$76,900State: $329,300
Median rent
$613/moState: $1,280
Homeowners
89.8%
Bachelor's degree or higher
18.2%
Average commute
20 min

Is Taunton a good place to live?

Pros: Home values 77% lower than the state median; an average commute of 20 minutes; unemployment of 1.2%.

Cons: Median household income 49% lower than the Minnesota median; a poverty rate of 25.8%.

The weather is best in June to September.

Cost of living in Taunton

Housing is the biggest part of the cost of living. In Taunton the median home value is $76,900, 77% lower than the U.S. median. Renters pay a median of $613 per month, which is 14.2% of household income. Homeowners with a mortgage pay $873 a month in housing costs.

Median home value

Taunton$76,900
Minnesota$329,300
United States$332,700

Median monthly rent

Taunton$613
Minnesota$1,280
United States$1,413

Taunton median household income

The median household income in Taunton is $45,313 and the income per person is $28,484. 25.8% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Taunton$45,313
Minnesota$89,062
United States$80,734

Housing in Taunton: homes for sale and rent

Housing units
60
Owner-occupied
89.8%
Renter-occupied
10.2%
Vacant
1.7%Includes seasonal homes
Median year built
1952
Average household size
2.17

Taunton demographics

Population
128
Median age
36.8
Under 18
21.1%
65 and older
15.6%
Households
59
Foreign-born
3.1%
Veterans
3%Adults 18+

Race and ethnicity

White99.2%
Hispanic or Latino0%
Black0%
Asian0.8%

Hispanic or Latino can be of any race. Population history of Taunton ›

Education in Taunton

18.2% of adults 25 and older in Taunton have a bachelor's degree or higher (Minnesota: 39.4%), and 5.7% have a graduate or professional degree.

Bachelor's degree or higher

Taunton18.2%
Minnesota39.4%
United States35.7%

Jobs and commute in Taunton

Unemployment rate
1.2%State: 4.1%
Average commute
20 minState: 23 min
Work from home
0%
Drive alone
80.8%
Public transit
0%
Walk to work
7.7%
Homes with broadband
89.8%

Taunton vs nearby towns

TownPopulationMedian incomeHome valueRent
Taunton128$45,313$76,900$613
Minneota1,594$74,091$161,300$640
Porter191$56,667$108,300$931
St. Leo153$62,083—$920
Ghent439$94,000$150,000$936
Ivanhoe609$52,552$66,500$625
Canby1,556$58,365$128,300$588
Lynd428$79,167$187,500$1,156
Marshall13,896$68,566$210,300$779

More for people moving to Taunton

Taunton ZIP code ›Weather and climate ›

Living in Taunton: FAQ

What is the median household income in Taunton, MN?

The median household income in Taunton is $45,313, 49% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Taunton?

The median home value in Taunton is $76,900, compared with $329,300 in Minnesota.

How much is rent in Taunton?

The median gross rent in Taunton is $613 per month, about 14.2% of household income.

Is Taunton, MN a good place to live?

Pluses: home values 77% lower than the state median; an average commute of 20 minutes; unemployment of 1.2%. Minuses: median household income 49% lower than the Minnesota median; a poverty rate of 25.8%.

What is the median age in Taunton?

The median age in Taunton is 36.8 years (Minnesota: 38.8).

How long is the commute in Taunton?

The average commute to work in Taunton is 20 minutes; 0% of workers work from home.

What is the unemployment rate in Taunton?

The unemployment rate in Taunton is 1.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Taunton?

18.2% of adults in Taunton have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

Last updated: