The population of Duluth, in 2016, was reported to be 85000-plus people, which made it the State of Minnesota's fourth largest city. It lies on the northern shore of Lake Superior and is home to a great deal of industry as well as a major university.
The city has a longstanding reputation for its mining, its railroads and its ports. Additionally, its banks, shops and hospitals are world-class.
Much of Duluth's early development can be credited to the fur traders who explored the area and dealt with the local Native tribes, namely the Ojibwe. By the early 19th century, settlements had been established alongside trading posts.
A land rush occurred in the mid-19th century, and construction begun on various waterways. Soon after, Duluth was connected with the Twin Cities metro thanks to a new road. However, dwindling copper resources led to a major exodus of the local miner population.
Ultimately, the access of the city's major port, as well the approaching railroad, led many to the area. Duluth's timber industry boomed, and the city began to rapidly grow. Duluth was dealt another major blow with a stock market crash and nearly disappeared, but was ultimately revived thanks to the persevering mining and lumber industries. By the turn of the 20th century, Duluth was one of the busiest places in the country and was home to the most millionaires per capita.
Duluth's natural layout, with its view of Lake Superior and its rolling bluffs, has left the city with a great deal of beautiful properties. Newly built homes have high price tags, and historic mansions with remodeled interiors are also in demand.
Homes along the waterfront can be worth as much as $3 million, however Duluth's median property value was last reported to be on par with the American average at approximately $157000.
A range of educational options can be found in Duluth, including 30 public schools and nine private schools.
The city has a number of schools that are high ranking, according to Niche.com. Additionally, the University of Minnesota Duluth is regularly featured as one of America's best colleges.
The city has a number of schools that are high ranking, according to Niche.com. Additionally, the University of Minnesota Duluth is regularly featured as one of America's best colleges.
Duluth is also home to the Great Lakes Aquarium, which is the only aquarium in the U.S. dedicated to freshwater exhibits. The city features a number of remarkable museums, as well.
The real estate specialists at TAG Group have achieved success through in-depth, data-driven examinations of all comparable options when deciding on the final deal. We bring our insight to the negotiation process while advocating on behalf of our clients' best interests.
If you are considering buying a home in the Duluth area, please feel free to contact us for a complimentary consultation.
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