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ZipNumbers

Minnesota · Census place 51388

Pipestone city, MN

Quick answer

Pipestone city has 4,165 residents, ranking #174 of 914 places in Minnesota. Median household income is $61,442, the median home is worth $102,000 and median gross rent runs $722 a month.

Population
4,165Pipestone city residents
Median household income
$61,442Past 12 months, inflation adjusted
Median home value
$102,000Owner-occupied units
Median gross rent
$722Rent plus utilities, monthly
Median age
39 yrsAll residents
Homeownership rate
73.5%Owner-occupied households

What the numbers mean in Pipestone city

Housing cost measured against local earnings.

A household earning the Pipestone city median would spend about 14.1% 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16% of residents and 73.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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