Similar to the surrounding areas, it is significantly less expensive compared to the country as a whole. It's substantially less expensive compared to the city of Duluth.
Home prices
The value of the median home in Taconite is $98,600. This is approximately $3,580 (3%) lower in comparison to its surrounding areas.Compared to the rest of the nation it is roughly $118,900 (54%) lower, and it is about $64,700 (39%) lower in comparison to the city of Duluth.
Rents
Taconite's median rent is $702 per month. It is about $7 (1%) higher compared to nearby areas.Compared to the rest of the country it is approximately $360 (33%) lower, and it is roughly $118 (14%) lower in comparison to the city of Duluth.
Nearby places
Bovey
Bovey is Taconite's neighbor to the southwest. The real estate prices there are a little less expensive. The median home price in Bovey is $87,800, which works out to $10,800 (12%) lower than Taconite. Rent there is a bit more expensive. The median monthly rent in Bovey is $807, which works out to $105 (13%) higher than Taconite.
Marble
Marble is Taconite's neighbor to the east. Its real estate prices are significantly less expensive. The median home in Marble is valued at $71,900, which is $26,700 (37%) lower than Taconite. The rent there is a bit less expensive. The median monthly rent in Marble is $625, which is $77 (12%) lower than Taconite.
Coleraine
Coleraine is Taconite's neighbor to the southwest. The real estate prices there are somewhat more expensive. Coleraine's median home cost is $138,600, which comes out to $40,000 (28%) higher than Taconite. Its rents are pretty similar. The median rent in Coleraine is $715 per month, which comes out to $13 (1%) higher than Taconite.
Calumet
Calumet is roughly 4 miles east of Taconite. The real estate prices there are significantly less expensive. The median home in Calumet costs $66,600, which is $32,000 (48%) lower than Taconite. Rent there is fairly similar. The median rent in Calumet is $692 per month, which is $10 (1%) lower than Taconite.
La Prairie
La Prairie is roughly 7 miles southwest from Taconite. The real estate prices there are a lot more expensive. The median home price in La Prairie is $146,000, which works out to $47,400 (32%) higher than Taconite. Its rents are a little less expensive. In La Prairie the median monthly rent is $636, which is $66 (10%) lower than Taconite.
