Living in Pine Island, Minnesota
Cost of living, income, home prices, rent and demographics of Pine Island · Census data 2020–2024
Pine Island has 3,580 residents with a median age of 37.4. The median household income is $104,432 (17% higher than the Minnesota median), the median home value is $350,500, the median rent is $1,110/month.
Pine Island at a glance
- Population
- 3,580
- Median age
- 37.4State: 38.8
- Median household income
- $104,432State: $89,062
- Median home value
- $350,500State: $329,300
- Median rent
- $1,110/moState: $1,280
- Homeowners
- 80.1%
- Bachelor's degree or higher
- 37%
- Average commute
- 25 min
Is Pine Island a good place to live?
Pros: Median household income 17% higher than the Minnesota median; unemployment of 1.7%; a poverty rate of 4%.
Cons: Home values 6% higher than the state median; an average commute of 25 minutes.
The weather is best in June to September.
Cost of living in Pine Island
Housing is the biggest part of the cost of living. In Pine Island the median home value is $350,500, 5% higher than the U.S. median. Renters pay a median of $1,110 per month, which is 29% of household income. Homeowners with a mortgage pay $1,940 a month in housing costs.
Pine Island median household income
The median household income in Pine Island is $104,432 and the income per person is $43,880. 4% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Pine Island: homes for sale and rent
- Housing units
- 1,431
- Owner-occupied
- 80.1%
- Renter-occupied
- 19.9%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 2001
- Average household size
- 2.58
Pine Island demographics
- Population
- 3,580
- Median age
- 37.4
- Under 18
- 26.7%
- 65 and older
- 15.6%
- Households
- 1,357
- Foreign-born
- 0.6%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Pine Island ›
Education in Pine Island
37% of adults 25 and older in Pine Island have a bachelor's degree or higher (Minnesota: 39.4%), and 17.4% have a graduate or professional degree.
Jobs and commute in Pine Island
- Unemployment rate
- 1.7%State: 4.1%
- Average commute
- 25 minState: 23 min
- Work from home
- 15.4%
- Drive alone
- 79.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 93.7%
Pine Island vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Pine Island | 3,580 | $104,432 | $350,500 | $1,110 |
| Oronoco | 1,679 | $157,500 | $505,000 | $1,100 |
| Mazeppa | 1,004 | $92,061 | $242,900 | $943 |
| Zumbrota | 3,914 | $78,156 | $249,300 | $834 |
| Wanamingo | 1,389 | $71,731 | $269,200 | $674 |
| Mantorville | 1,047 | $110,000 | $305,500 | $1,361 |
| Byron | 6,646 | $124,010 | $345,300 | $1,135 |
| Zumbro Falls | 157 | $93,542 | $263,300 | — |
| Hammond | 134 | $58,438 | $146,900 | $863 |
More for people moving to Pine Island
Pine Island ZIP code ›Weather and climate ›Living in Pine Island: FAQ
What is the median household income in Pine Island, MN?
The median household income in Pine Island is $104,432, 17% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Pine Island?
The median home value in Pine Island is $350,500, compared with $329,300 in Minnesota.
How much is rent in Pine Island?
The median gross rent in Pine Island is $1,110 per month, about 29% of household income.
Is Pine Island, MN a good place to live?
Pluses: median household income 17% higher than the Minnesota median; unemployment of 1.7%; a poverty rate of 4%. Minuses: home values 6% higher than the state median; an average commute of 25 minutes.
What is the median age in Pine Island?
The median age in Pine Island is 37.4 years (Minnesota: 38.8).
How long is the commute in Pine Island?
The average commute to work in Pine Island is 25 minutes; 15.4% of workers work from home.
What is the unemployment rate in Pine Island?
The unemployment rate in Pine Island is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Pine Island?
37% of adults in Pine Island have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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