Minnesota · Census place 51136
Pine Island city, MN
Quick answer
Pine Island city has 3,693 residents, ranking #188 of 914 places in Minnesota. Median household income is $91,612, the median home is worth $324,700 and median gross rent runs $959 a month.
- Population
- 3,693Pine Island city residents
- Median household income
- $91,612Past 12 months, inflation adjusted
- Median home value
- $324,700Owner-occupied units
- Median gross rent
- $959Rent plus utilities, monthly
- Median age
- 37.1 yrsAll residents
- Homeownership rate
- 75.5%Owner-occupied households
What the numbers mean in Pine Island city
Housing cost measured against local earnings.
A household earning the Pine Island city median would spend about 12.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.4% of residents and 75.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Deephaven city 3,835
- Mora city 3,708
- Independence city 3,695
- Long Prairie city 3,683
- Melrose city 3,608
- Two Harbors city 3,598
- Perham city 3,577
Keep going
More Minnesota coverage.