City

Two Harbors, MN

1 ZIP code  ·  Lake County  ·  Minnesota

👥7,277Population
💰$77,242Median HH Income≈ Avg
🎂44.5Median Age
🏠$237,000Median Home Value▼ 15% below avg
🎓41.4%College Grads≈ Avg
📊2.0%Unemployment▼ 59% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 52.1% Female 47.9% ♀

Race & Ethnicity

White: 95.4%Hispanic: 1.3%Black: 0.5%Other: 2.4%Race
White95.4%
Hispanic1.3%
Black0.5%
Other2.4%

Age Breakdown

Under 5
5%
5–17
16%
18–24
6%
25–44
23%
45–64
27%
65+
10%

Key Indicators

Median Age44.5 yrs
Avg HH Size2.28
Below Poverty7.6% ▼ 24% below avg
College Grads41.4% ≈ Avg
Unemployment2.0% ▼ 59% below avg
No HS Diploma31 (0.6%)
HS Graduate1,438 (29.4%)
Some College600 (12.3%)
Associates801 (16.4%)
Bachelors794 (16.2%)
Graduate Degree1,233 (25.2%)

Education

No HS: 0.6%HS Grad: 29.4%Some College: 12.3%Associates: 16.4%Bachelors: 16.2%Graduate: 25.2%Edu
No HS0.6%
HS Grad29.4%
Some College12.3%
Associates16.4%
Bachelors16.2%
Graduate25.2%
Housing & Income

Housing Tenure

Owner: 81.9%Renter: 18.2%Tenure
Owner81.9%
Renter18.2%

Home Value Distribution

Under $50k
3%
$50k–$100k
3%
$100k–$150k
14%
$150k–$200k
18%
$200k–$300k
26%
$300k–$500k
27%
Over $500k
10%

Financials

Median HH Income$77,242 ≈ Avg
Median Home Value$237,000 ▼ 15% below avg
Home/Income Ratio3.1x (nat avg ~3.5x)
Median Rent$1,045/mo
Total Housing Units4,103
Vacant Units974

Income Distribution

Under $25k
18%
$25k–$50k
9%
$50k–$75k
21%
$75k–$100k
16%
$100k–$150k
25%
$150k–$200k
8%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
82%
Public Transit
1%
Walked
5%
Work From Home
12%

Commute Time

Under 15 min
37%
15–30 min
24%
30–45 min
22%
Over 45 min
18%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
13%
1960s–1970s
11%
1980s–1990s
14%
2000+
59%
About Two Harbors, MN

Two Harbors is a city in Minnesota, located in Lake County. The city spans 1 ZIP code and is home to approximately 7,277 residents. It is a middle-aged city, with a median age of 44.5 years.

Economically, Two Harbors is a middle-income community. The median household income of $77,242 is near the national average. Approximately 7.6% of residents live below the poverty line. The unemployment rate is 2.0%, well below the national average.

The real estate market in Two Harbors is an affordable housing market. Median home values stand at $237,000, which is near the national average. Renters typically pay around $1,045 per month. Homeownership is high at 81.9%, typical of suburban and family-oriented communities.

The population of Two Harbors is well-educated. 41.4% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (95.44%).

Two Harbors, MN offers residents above-average earning potential within Minnesota.

ZIP Codes in Two Harbors
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
55616 7,277 $77,242 $237,000 $1,045 2.0% 41.4% 81.9%