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Knife River, MN
Considering a move to Knife River, MN? This small North Shore community of about 350 offers affordable living with home prices around $290,000 and low average rents. Residents enjoy a low crime rate, brisk Lake Superior climate with 55% sunny days, and quick 25-minute commutes to Duluth. The area boasts strong public schools, high rates of homeownership, and easy access to healthcare and the outdoors—perfect for those seeking a quiet, scenic lifestyle.
Knife River is a close-knit community of about 350 residents, with a predominantly White population and a median age of 52, suggesting a mature and settled population. The area features a balanced gender ratio and a small but present diversity, with just under 3% of residents speaking a language other than English at home.
Knife River offers an affordable cost of living, with median home values around $290,000 and average rents at $950, making it attractive for both homeowners and renters. Utility costs and overall living expenses remain reasonable, and the local cost of living index is below the national average.
Residents enjoy a safe environment in Knife River, where violent crime is rare—only about 80 incidents per 100,000 people—and the chance of being affected by property crime is low. The community provides peace of mind for families and individuals seeking a secure place to live.
Knife River experiences classic Minnesota seasons, with cold winters averaging lows of 2°F and mild summers reaching up to 76°F. The area receives about 28.5 inches of rainfall annually and enjoys sunshine 55% of the year, creating a blend of crisp, clear days and picturesque snowy winters.
Local households in Knife River typically earn around $60,000, with a poverty rate of just over 7% and unemployment at 4.1%. Most residents commute about 25 minutes to work, and the community boasts strong educational attainment, with over 93% holding at least a high school diploma.
Knife River families benefit from strong local schools, with public options like Two Harbors High School and Minnehaha Elementary offering low student-teacher ratios. For higher education, residents are within 20 miles of Lake Superior College and the University of Minnesota Duluth, making advanced learning accessible.
Knife River residents have convenient access to major hospitals in nearby Duluth, including St. Luke's and Essentia Health, both offering emergency services. The area maintains a high health insurance coverage rate of nearly 94% and a solid availability of physicians, supporting overall community well-being.
The housing market in Knife River is stable, with a median home price of $290,000 and owner-occupancy at 83%. Home values have appreciated by about 4% over the past year, and rental options remain accessible with average two-bedroom rents at $950.
Residents handle licensing and vehicle registration through the Minnesota Department of Public Safety, located in St. Paul, with comprehensive services and information available online. The department provides clear guidance for new arrivals settling in Knife River.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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