Two Harbors, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Two Harbors, Minnesota had a total population of 3,567, the 195th largest city in Minnesota, with a median household income of $65,625, which is 26% lower than the state average. The poverty rate is 11.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Near full employment with an unemployment rate of just 0.3%.
Two Harbors Quick Facts
How Two Harbors Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 3,598 | 3,567 | -0.9% |
| Median household income | $62,885 | $65,625 | +4.4% |
| Median home value | $187,100 | $206,800 | +10.5% |
How Two Harbors Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Two Harbors Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Lake County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Silver Bay | 1,769 | $69,489 | 9.9% | $158,900 |
| Finland | 257 | $53,500 | 19.8% | $181,700 |
| Knife River | 131 | $78,208 | 10.7% | N/A |
| Beaver Bay | 82 | $36,875 | 23.2% | $238,200 |
Cities Similar to Two Harbors
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Sleepy Eye | 3,444 | $66,911 | $147,600 | 19.1% | 7.8% |
| Annandale | 3,399 | $65,583 | $251,800 | 23.4% | 8.9% |
| Melrose | 3,671 | $59,677 | $207,200 | 15.3% | 8.5% |
| Long Prairie | 3,693 | $58,786 | $152,000 | 11.0% | 12.7% |
| Jackson | 3,287 | $70,223 | $128,500 | 31.3% | 11.8% |
Population Overview
Two Harbors is a small community located in Minnesota, within Lake County. The total population is 3,567. It ranks as the 195th most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Two Harbors is 41.2 years. This is 6% higher than the state median of 38.8 years.
Economy, Income & Housing
The median household income in Two Harbors is $65,625. This is 26% lower than the state median of $89,062. It is also 19% lower than the national median of $80,734. The poverty rate stands at 11.7%. This is 26% higher than the state poverty rate of 9.3%. The unemployment rate is 0.3%. This is 92% lower than the state rate of 4.1%. The median home value is $206,800. Housing costs are 37% lower than the state median of $329,300. The home-value-to-income ratio is 3.2x. 68.2% of occupied housing units are owner-occupied. This homeownership rate is 6% lower than the state average of 72.2%.
Race & Ethnicity
Two Harbors has a predominantly White (non-Hispanic) population, comprising 92.2% of all residents. Hispanic or Latino residents account for 2.3%. The Black or African American population (0.6%) is well below the state average of 7.0%. The Hispanic or Latino population (2.3%) is well below the state average of 6.4%.
Education
22.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.3%.
Data Sources & Methodology
All demographic data for Two Harbors, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Two Harbors, Minnesota?
Two Harbors, Minnesota has a population of 3,567 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Two Harbors, MN?
The median household income in Two Harbors is $65,625, which is 19% lower than the national median of $80,734.
What is the poverty rate in Two Harbors, MN?
The poverty rate in Two Harbors is 11.7%. This means approximately 407 residents live below the federal poverty line.
What is the racial makeup of Two Harbors, Minnesota?
Two Harbors's population is 92.2% White, 0.6% Black, 2.3% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Two Harbors, MN?
The median home value in Two Harbors is $206,800. The home-value-to-income ratio is 3.2x.
How educated is Two Harbors, Minnesota?
22.0% of adults (25+) in Two Harbors hold a bachelor's degree or higher, and 7.2% hold a graduate or professional degree.