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Pipestone, 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
4,129
Population
$67,568
Median Income
$114,100
Home Value
38.6
Median Age

Demographics

Pipestone has a population of 4,129 with a median age of 38.6. Here is the racial and ethnic breakdown of the population:

White
84.1%
Hispanic
10.1%
Black
2.5%
Other
2.2%
Asian
1.1%
Demographic Value
Total Population4,129
Median Age38.6
White84.1%
Black or African American2.5%
Asian1.1%
Hispanic or Latino10.1%
Other / Two or More Races2.2%
Pipestone, Minnesota — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 84.1%Hispanic/Latino: 10.1%Black: 2.5%Other: 2.2%Other: 1.1%4,129PopulationWhiteWhite84.1%Hispanic/LatinoHispanic/Latino10.1%BlackBlack2.5%OtherOther2.2%OtherOther1.1%

Income & Economy

The median household income in Pipestone is $67,568, which is 16.2% below the national median of $80,610. The per capita income is $36,517. The poverty rate is 13.1%.

$67,568
Median Household Income
$36,517
Per Capita Income
13.1%
Poverty Rate

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Education

In Pipestone, 92.2% of residents age 25+ have a high school diploma or higher, and 25.4% hold a bachelor's degree or higher (8.1% with a graduate or professional degree).

HS Diploma+
92.2%
Bachelor's+
25.4%
Graduate+
8.1%
Education Level % of Adults (25+)
High School Diploma or Higher92.2%
Bachelor's Degree or Higher25.4%
Graduate or Professional Degree8.1%

Housing

The median home value in Pipestone is $114,100, below the national median of $303,400. The median monthly rent is $740. The homeownership rate is 70.1%.

$114,100
Median Home Value
$740/mo
Median Rent
70.1%
Homeownership Rate
Housing Metric Value
Median Home Value$114,100
Median Monthly Rent$740
Homeownership Rate70.1%
Vacancy Rate9.6%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Pipestone, Minnesota?
The population of Pipestone, Minnesota is 4,129 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Pipestone, Minnesota?
The median household income in Pipestone, Minnesota is $67,568. This is 16.2% below the national median of $80,610.
What is the median home value in Pipestone, Minnesota?
The median home value in Pipestone, Minnesota is $114,100. The median monthly rent is $740.
What percentage of people in Pipestone have a college degree?
In Pipestone, Minnesota, 25.4% of adults age 25 and older hold a bachelor's degree or higher, and 92.2% have a high school diploma or higher.
Is Pipestone, Minnesota an affordable place to live?
The home price-to-income ratio in Pipestone, Minnesota is 1.7x (median home value $114,100 vs. median income $67,568), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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