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Pine Island, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,580
Population
$104,432
Median Income
$350,500
Home Value
37.4
Median Age

Demographics

Pine Island has a population of 3,580 with a median age of 37.4. Here is the racial and ethnic breakdown of the population:

White
98.1%
Other
1.6%
Demographic Value
Total Population3,580
Median Age37.4
White98.1%
Asian0.3%
Other / Two or More Races1.6%
Pine Island, Minnesota — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 98.1%Other: 1.9%3,580PopulationWhiteWhite98.1%OtherOther1.9%

Income & Economy

The median household income in Pine Island is $104,432, which is 29.6% above the national median of $80,610. The per capita income is $43,880. The poverty rate is 4.0%.

$104,432
Median Household Income
$43,880
Per Capita Income
4.0%
Poverty Rate

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Education

In Pine Island, 97.1% of residents age 25+ have a high school diploma or higher, and 37.0% hold a bachelor's degree or higher (17.4% with a graduate or professional degree).

HS Diploma+
97.1%
Bachelor's+
37.0%
Graduate+
17.4%
Education Level % of Adults (25+)
High School Diploma or Higher97.1%
Bachelor's Degree or Higher37.0%
Graduate or Professional Degree17.4%

Housing

The median home value in Pine Island is $350,500, above the national median of $303,400. The median monthly rent is $1,110. The homeownership rate is 80.1%.

$350,500
Median Home Value
$1,110/mo
Median Rent
80.1%
Homeownership Rate
Housing Metric Value
Median Home Value$350,500
Median Monthly Rent$1,110
Homeownership Rate80.1%
Vacancy Rate5.2%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Pine Island, Minnesota?
The population of Pine Island, Minnesota is 3,580 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Pine Island, Minnesota?
The median household income in Pine Island, Minnesota is $104,432. This is 29.6% above the national median of $80,610.
What is the median home value in Pine Island, Minnesota?
The median home value in Pine Island, Minnesota is $350,500. The median monthly rent is $1,110.
What percentage of people in Pine Island have a college degree?
In Pine Island, Minnesota, 37.0% of adults age 25 and older hold a bachelor's degree or higher, and 97.1% have a high school diploma or higher.
Is Pine Island, Minnesota an affordable place to live?
The home price-to-income ratio in Pine Island, Minnesota is 3.4x (median home value $350,500 vs. median income $104,432), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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