Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.6 yrs |
|---|---|
| Avg HH Size | 2.60 |
| Below Poverty | 3.1% ▼ 69% below avg |
| College Grads | 54.7% ▲ 41% above avg |
| Unemployment | 3.4% ▼ 30% below avg |
| No HS Diploma | 2 (0.1%) |
| HS Graduate | 851 (24.4%) |
| Some College | 373 (10.7%) |
| Associates | 352 (10.1%) |
| Bachelors | 585 (16.8%) |
| Graduate Degree | 1,323 (38%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $109,464 ▲ 43% above avg |
|---|---|
| Median Home Value | $350,800 ▲ 26% above avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $969/mo |
| Total Housing Units | 2,218 |
| Vacant Units | 144 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Pine Island is a city in Minnesota, located in Goodhue County. The city spans 1 ZIP code and is home to approximately 5,473 residents. It is a middle-aged city, with a median age of 39.6 years.
Economically, Pine Island is a upper-middle-income community. The median household income of $109,464 is above the national average. Approximately 3.1% of residents live below the poverty line. The unemployment rate is 3.4%, below the national average.
The real estate market in Pine Island is a mid-range housing market. Median home values stand at $350,800, which is above the national average. Renters typically pay around $969 per month. Homeownership is high at 80.6%, typical of suburban and family-oriented communities.
The population of Pine Island is well-educated. 54.7% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (95.83%).
Pine Island, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55963 | 5,473 | $109,464 | $350,800 | $969 | 3.4% | 54.7% | 80.6% |