Living in Pipestone, Minnesota
Cost of living, income, home prices, rent and demographics of Pipestone · Census data 2020–2024
Pipestone has 4,129 residents with a median age of 38.6. The median household income is $67,568 (24% lower than the Minnesota median), the median home value is $114,100, the median rent is $740/month.
Pipestone at a glance
- Population
- 4,129
- Median age
- 38.6State: 38.8
- Median household income
- $67,568State: $89,062
- Median home value
- $114,100State: $329,300
- Median rent
- $740/moState: $1,280
- Homeowners
- 70.1%
- Bachelor's degree or higher
- 25.4%
- Average commute
- 13 min
Is Pipestone a good place to live?
Pros: Home values 65% lower than the state median; an average commute of 13 minutes; unemployment of 3%.
Cons: Median household income 24% lower than the Minnesota median; a poverty rate of 13.1%.
The weather is best in June to September.
Cost of living in Pipestone
Housing is the biggest part of the cost of living. In Pipestone the median home value is $114,100, 66% lower than the U.S. median. Renters pay a median of $740 per month, which is 30.9% of household income. Homeowners with a mortgage pay $1,017 a month in housing costs.
Pipestone median household income
The median household income in Pipestone is $67,568 and the income per person is $36,517. 13.1% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Pipestone: homes for sale and rent
- Housing units
- 2,033
- Owner-occupied
- 70.1%
- Renter-occupied
- 29.9%
- Vacant
- 9.6%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.18
Pipestone demographics
- Population
- 4,129
- Median age
- 38.6
- Under 18
- 26.2%
- 65 and older
- 19.7%
- Households
- 1,838
- Foreign-born
- 7%
- Veterans
- 9.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Pipestone ›
Education in Pipestone
25.4% of adults 25 and older in Pipestone have a bachelor's degree or higher (Minnesota: 39.4%), and 8.1% have a graduate or professional degree.
Jobs and commute in Pipestone
- Unemployment rate
- 3%State: 4.1%
- Average commute
- 13 minState: 23 min
- Work from home
- 6.2%
- Drive alone
- 80.5%
- Public transit
- 0.8%
- Walk to work
- 3.5%
- Homes with broadband
- 89%
Pipestone vs nearby towns
More for people moving to Pipestone
Pipestone ZIP code ›Weather and climate ›Living in Pipestone: FAQ
What is the median household income in Pipestone, MN?
The median household income in Pipestone is $67,568, 24% lower 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 Pipestone?
The median home value in Pipestone is $114,100, compared with $329,300 in Minnesota.
How much is rent in Pipestone?
The median gross rent in Pipestone is $740 per month, about 30.9% of household income.
Is Pipestone, MN a good place to live?
Pluses: home values 65% lower than the state median; an average commute of 13 minutes; unemployment of 3%. Minuses: median household income 24% lower than the Minnesota median; a poverty rate of 13.1%.
What is the median age in Pipestone?
The median age in Pipestone is 38.6 years (Minnesota: 38.8).
How long is the commute in Pipestone?
The average commute to work in Pipestone is 13 minutes; 6.2% of workers work from home.
What is the unemployment rate in Pipestone?
The unemployment rate in Pipestone is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Pipestone?
25.4% of adults in Pipestone 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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