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Pine River, 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
906
Population
$43,080
Median Income
$180,400
Home Value
38.8
Median Age

Demographics

Pine River has a population of 906 with a median age of 38.8. Here is the racial and ethnic breakdown of the population:

White
86.2%
Other
10.8%
Hispanic
2.0%
Black
1.0%
Demographic Value
Total Population906
Median Age38.8
White86.2%
Black or African American1.0%
Hispanic or Latino2.0%
Other / Two or More Races10.8%
Pine River, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 86.2%Other: 10.8%Hispanic/Latino: 2.0%Other: 1.0%906PopulationWhiteWhite86.2%OtherOther10.8%Hispanic/LatinoHispanic/Latino2.0%OtherOther1.0%

Income & Economy

The median household income in Pine River is $43,080, which is 46.6% below the national median of $80,610. The per capita income is $23,496. The poverty rate is 29.1%.

$43,080
Median Household Income
$23,496
Per Capita Income
29.1%
Poverty Rate

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Education

In Pine River, 94.0% of residents age 25+ have a high school diploma or higher, and 15.2% hold a bachelor's degree or higher (5.3% with a graduate or professional degree).

HS Diploma+
94.0%
Bachelor's+
15.2%
Graduate+
5.3%
Education Level % of Adults (25+)
High School Diploma or Higher94.0%
Bachelor's Degree or Higher15.2%
Graduate or Professional Degree5.3%

Housing

The median home value in Pine River is $180,400, below the national median of $303,400. The median monthly rent is $700. The homeownership rate is 48.6%.

$180,400
Median Home Value
$700/mo
Median Rent
48.6%
Homeownership Rate
Housing Metric Value
Median Home Value$180,400
Median Monthly Rent$700
Homeownership Rate48.6%
Vacancy Rate15.2%

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Frequently Asked Questions

What is the population of Pine River, Minnesota?
The population of Pine River, Minnesota is 906 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Pine River, Minnesota?
The median household income in Pine River, Minnesota is $43,080. This is 46.6% below the national median of $80,610.
What is the median home value in Pine River, Minnesota?
The median home value in Pine River, Minnesota is $180,400. The median monthly rent is $700.
What percentage of people in Pine River have a college degree?
In Pine River, Minnesota, 15.2% of adults age 25 and older hold a bachelor's degree or higher, and 94.0% have a high school diploma or higher.
Is Pine River, Minnesota an affordable place to live?
The home price-to-income ratio in Pine River, Minnesota is 4.2x (median home value $180,400 vs. median income $43,080), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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