Taunton is located in southwest Minnesota. Taunton is between the Lyon, Lincoln, Yellow Medicine county. Taunton has 1.01 square miles of land area and has no water area. As of 2010-2014, the total Taunton population is 193, which has shrunk 6.76% since 2000. The population growth rate is much lower than the state average rate of 9.44% and is much lower than the national average rate of 11.61%. Taunton median household income is $30,500 in 2010-2014 and has grown by 31.89% since 2000. The income growth rate is higher than the state average rate of 29.12% and is higher than the national average rate of 27.36%. Taunton median house value is $52,500 in 2010-2014 and has grown by 79.79% since 2000. The house value growth rate is much higher than the state average rate of 51.31% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Taunton is close to the state average in quality. The Taunton area code is 507.