Two Harbors, MN Profile: Facts & Data

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Two Harbors, Minnesota - Basic Facts

The City of Two Harbors had a population of 3,740 as of July 1, 2019. Two Harbors ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Two Harbors is located at latitude 47.0227 and longitude -91.6707 in Lake County. The formal boundaries for the City of Two Harbors encompass a land area of 3.3 sq. miles and a water area of 0 sq. miles. Lake County is in the Central time zone (GMT -6). The elevation is 669 feet.

The City of Two Harbors (GNIS ID: 2397074) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Two Harbors: City of Two Harbors.

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  1. Two Harbors 2019 Demographic Data
  2. Growth Rates for Two Harbors (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Two Harbors, MN Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Two Harbors, MN Housing Affordability Index is 170
State of Minnesota Housing Affordability Index is 135
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Two Harbors, MN Wealth Index is 62
State of Minnesota Wealth Index is 112
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Minnesota COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 3,740 (100%)
Population in Households 3,621 (96.8%)
Population in Families 2,696 (72.1%)
Population in Group Quarters1 119 ( 3.2%)
Population Density 1,143
Diversity Index2 11
 

INCOME

Median Household Income $50,867
Average Household Income $63,832
Per Capita Income $28,383
Wealth Index4 62

HOUSING

Total Housing Units 1,827 (100%)
Owner Occupied HU 1,225 (67.0%)
Renter Occupied HU 431 (23.6%)
Vacant Housing Units 171 ( 9.4%)
Median Home Value $154,212
Housing Affordability Index3 170
 

HOUSEHOLDS

Total Households 1,656
Average Household Size 2.19
Family Households 948
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.01% -0.07%
Households 0.05% -0.04%
Families -0.03% -0.13%
Median Household Income   1.21%
Per Capita Income   2.34%

Two Harbors, MN - Peer Comparisons by Rank and Percentile

The table below compares Two Harbors to the other 903 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 182 80th
Population Density # 229 75th
Diversity Index # 598 34th
Median Household Income # 689 24th
Per Capita Income # 601 34th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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