Living in Two Harbors, Minnesota
Cost of living, income, home prices, rent and demographics of Two Harbors · Census data 2020–2024
Two Harbors has 3,567 residents with a median age of 41.2. The median household income is $65,625 (26% lower than the Minnesota median), the median home value is $206,800, the median rent is $1,079/month.
Two Harbors at a glance
- Population
- 3,567
- Median age
- 41.2State: 38.8
- Median household income
- $65,625State: $89,062
- Median home value
- $206,800State: $329,300
- Median rent
- $1,079/moState: $1,280
- Homeowners
- 68.2%
- Bachelor's degree or higher
- 22%
- Average commute
- 25 min
Is Two Harbors a good place to live?
Pros: Home values 37% lower than the state median; unemployment of 0.3%.
Cons: Median household income 26% lower than the Minnesota median; an average commute of 25 minutes; a poverty rate of 11.7%.
The weather is best in June to September.
Cost of living in Two Harbors
Housing is the biggest part of the cost of living. In Two Harbors the median home value is $206,800, 38% lower than the U.S. median. Renters pay a median of $1,079 per month, which is 32.8% of household income. Homeowners with a mortgage pay $1,373 a month in housing costs.
Two Harbors median household income
The median household income in Two Harbors is $65,625 and the income per person is $33,078. 11.7% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Two Harbors: homes for sale and rent
- Housing units
- 1,785
- Owner-occupied
- 68.2%
- Renter-occupied
- 31.8%
- Vacant
- 13.4%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.21
Two Harbors demographics
- Population
- 3,567
- Median age
- 41.2
- Under 18
- 23.2%
- 65 and older
- 19.5%
- Households
- 1,545
- Foreign-born
- 0.7%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Two Harbors ›
Education in Two Harbors
22% of adults 25 and older in Two Harbors have a bachelor's degree or higher (Minnesota: 39.4%), and 7.2% have a graduate or professional degree.
Jobs and commute in Two Harbors
- Unemployment rate
- 0.3%State: 4.1%
- Average commute
- 25 minState: 23 min
- Work from home
- 4%
- Drive alone
- 79.9%
- Public transit
- 0.8%
- Walk to work
- 6.1%
- Homes with broadband
- 87.8%
Two Harbors vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Two Harbors | 3,567 | $65,625 | $206,800 | $1,079 |
| Knife River | 131 | $78,208 | — | — |
| Port Wing | 148 | $52,500 | $162,500 | — |
| Rice Lake | 4,153 | $89,663 | $309,600 | $1,305 |
| Silver Bay | 1,769 | $69,489 | $158,900 | $1,140 |
| Duluth | 87,093 | $68,807 | $242,700 | $1,087 |
| Cornucopia | 108 | $104,375 | $279,400 | — |
| Superior | 26,677 | $64,216 | $180,400 | $900 |
| Hermantown | 10,218 | $90,849 | $382,300 | $1,463 |
More for people moving to Two Harbors
Two Harbors ZIP code ›Weather and climate ›Living in Two Harbors: FAQ
What is the median household income in Two Harbors, MN?
The median household income in Two Harbors is $65,625, 26% 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 Two Harbors?
The median home value in Two Harbors is $206,800, compared with $329,300 in Minnesota.
How much is rent in Two Harbors?
The median gross rent in Two Harbors is $1,079 per month, about 32.8% of household income.
Is Two Harbors, MN a good place to live?
Pluses: home values 37% lower than the state median; unemployment of 0.3%. Minuses: median household income 26% lower than the Minnesota median; an average commute of 25 minutes; a poverty rate of 11.7%.
What is the median age in Two Harbors?
The median age in Two Harbors is 41.2 years (Minnesota: 38.8).
How long is the commute in Two Harbors?
The average commute to work in Two Harbors is 25 minutes; 4% of workers work from home.
What is the unemployment rate in Two Harbors?
The unemployment rate in Two Harbors is 0.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Two Harbors?
22% of adults in Two Harbors 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.
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