What percentage of people rent in Two Harbors, MN?
31.8% (±6.9 points) of the occupied homes in Two Harbors, MN are rented (2020–2024 American Community Survey).
That is 491 renting households against 1,054 that own their home.
In Two Harbors, the share of households that rent went from 36.3% in 2015–2019 to 31.8% in 2020–2024 (−4.5 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 31.8% (±6.9 points)
- Renting households
- 491 (±116)
- Median renter income
- $38,958 (±$23,511)
Who rents and who owns in Two Harbors
| Two Harbors | Lake County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 31.8% (±6.9 points) | 16.5% (±2.7 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 491 (±116) | 817 (±148) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 1,054 (±122) | 4,125 (±167) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 1.8 (±0.4) | 2.0 (±0.3) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.2) | 2.2 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $38,958 (±$23,511) | $50,750 (±$20,368) | $51,080 (±$531) | $52,966 |
| Median owner household income | $77,750 (±$16,905) | $79,988 (±$4,175) | $108,214 (±$476) | $100,009 |
In Two Harbors, the renter share is higher than in Lake County (16.5%).
It is not measurably different from Minnesota (27.8%).
It is not measurably different from the national figure (34.8%).
In Lake County, Two Harbors ranks 1 of 8 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 227 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Two Harbors has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 36.3% (±6.3 points) | 31.8% (±6.9 points) | −4.5 percentage points | Not a measurable change |
| Median gross rent | $648 (±$55) | $1,079 (±$82) | +66.5% | Up after inflation |
| Median household income | $55,813 (±$8,764) | $65,625 (±$7,338) | +17.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Two Harbors
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Two Harbors | — | 31.8% (±6.9 points) | — |
| Duluth Township | 10 mi | 8.3% (±5.6 points) | Lower |
| Alden Township (St. Louis County) | 10 mi | 5.9% (±5.5 points) | Lower |
| Pequaywan Township | 12 mi | 0.0% (±26.9 points) | Lower |
| Normanna Township | 14 mi | 9.7% (±5.1 points) | Lower |
| North Star Township (St. Louis County) | 15 mi | 2.7% (±3.3 points) | Lower |
| Silver Creek Township (Lake County) | 15 mi | 4.7% (±3.0 points) | Lower |
| Lakewood Township | 17 mi | 2.2% (±2.0 points) | Lower |
| Ault Township | 19 mi | 2.4% (±5.3 points) | Lower |
Nearby places with a measurably lower figure: Duluth Township, MN (8.3%), Alden Township (St. Louis County), MN (5.9%), Pequaywan Township, MN (0.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Lake County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Two Harbors | 31.8% (±6.9 points) |
| 2 | Silver Bay | 19.9% (±6.4 points) |
| 3 | Crystal Bay Township | 10.3% (±8.2 points) |
| 4 | Stony River Township | 6.7% (±5.9 points) |
| 5 | Fall Lake Township | 5.2% (±3.5 points) |
| 6 | Silver Creek Township (Lake County) | 4.7% (±3.0 points) |
| 7 | Beaver Bay | 4.2% (±6.6 points) |
Showing 7 of 8 places in Lake County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Two Harbors
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Questions about Two Harbors
How many renters are there in Two Harbors?
Two Harbors has an estimated 491 (±116) renting households, 31.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Two Harbors?
In Two Harbors, the share of households that rent went from 36.3% in 2015–2019 to 31.8% in 2020–2024 (−4.5 percentage points), not a measurable change.
How big are renting households in Two Harbors?
A renting household in Two Harbors has 1.8 people on average, against 2.4 in an owned home.
How much do renters earn in Two Harbors?
The median renting household in Two Harbors, MN has an income of $38,958 (±$23,511) a year, against $77,750 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Two Harbors city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Two Harbors city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Two Harbors city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Two Harbors city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Two Harbors city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Two Harbors city, Minnesota (place:65956, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Two Harbors at a glance
- Median rent in Two Harbors
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- Rent burden in Two Harbors
- Income and affordability in Two Harbors
- Home values in Two Harbors
- Homeowner costs in Two Harbors
- Property taxes in Two Harbors
- Types of homes in Two Harbors
- Bedrooms in Two Harbors
- Age of homes in Two Harbors
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- Commute and cars in Two Harbors
- Crime reported to police in Two Harbors
- Population growth in Two Harbors
- How long people stay in Two Harbors
- Crowding and facilities in Two Harbors
- Minnesota landlord and tenant rules
- Housing across Lake County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota