City

Pipestone, MN

1 ZIP code  ·  Pipestone County  ·  Minnesota

👥5,573Population
💰$71,550Median HH Income≈ Avg
🎂42.1Median Age
🏠$133,300Median Home Value▼ 52% below avg
🎓34.3%College Grads▼ 12% below avg
📊4.4%Unemployment▼ 10% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.5% Female 51.5% ♀

Race & Ethnicity

White: 84.6%Hispanic: 7.4%Black: 1.4%Asian: 0.7%Other: 5%Race
White84.6%
Hispanic7.4%
Black1.4%
Asian0.7%
Other5.0%

Age Breakdown

Under 5
7%
5–17
20%
18–24
5%
25–44
23%
45–64
24%
65+
9%

Key Indicators

Median Age42.1 yrs
Avg HH Size2.26
Below Poverty12.4% ▲ 24% above avg
College Grads34.3% ▼ 12% below avg
Unemployment4.4% ▼ 10% below avg
No HS Diploma21 (0.6%)
HS Graduate1,219 (34.6%)
Some College441 (12.5%)
Associates634 (18%)
Bachelors427 (12.1%)
Graduate Degree779 (22.1%)

Education

No HS: 0.6%HS Grad: 34.6%Some College: 12.5%Associates: 18%Bachelors: 12.1%Graduate: 22.1%Edu
No HS0.6%
HS Grad34.6%
Some College12.5%
Associates18.0%
Bachelors12.1%
Graduate22.1%
Housing & Income

Housing Tenure

Owner: 78%Renter: 22%Tenure
Owner78.0%
Renter22.0%

Home Value Distribution

Under $50k
10%
$50k–$100k
28%
$100k–$150k
15%
$150k–$200k
10%
$200k–$300k
21%
$300k–$500k
11%
Over $500k
4%

Financials

Median HH Income$71,550 ≈ Avg
Median Home Value$133,300 ▼ 52% below avg
Home/Income Ratio1.9x (nat avg ~3.5x)
Median Rent$727/mo
Total Housing Units2,634
Vacant Units223

Income Distribution

Under $25k
17%
$25k–$50k
17%
$50k–$75k
16%
$75k–$100k
18%
$100k–$150k
18%
$150k–$200k
7%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
87%
Public Transit
0%
Walked
4%
Work From Home
8%

Commute Time

Under 15 min
66%
15–30 min
17%
30–45 min
9%
Over 45 min
8%
Housing Stock

Year Built

Before 1940
7%
1940s–1950s
17%
1960s–1970s
10%
1980s–1990s
6%
2000+
60%
About Pipestone, MN

Pipestone is a city in Minnesota, located in Pipestone County. The city spans 1 ZIP code and is home to approximately 5,573 residents. It is a middle-aged city, with a median age of 42.1 years.

Economically, Pipestone is a solidly middle-class community. The median household income of $71,550 is near the national average. Approximately 12.4% of residents live below the poverty line. The unemployment rate is 4.4%, near the national average.

The real estate market in Pipestone is one of the more affordable housing markets in the country. Median home values stand at $133,300, which is well below the national average. Renters typically pay around $727 per month. Homeownership is high at 78.0%, typical of suburban and family-oriented communities.

The population of Pipestone is moderately educated. 34.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (84.6%).

Pipestone, MN offers residents a cost-conscious lifestyle within Minnesota.

ZIP Codes in Pipestone
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
56164 5,573 $71,550 $133,300 $727 4.4% 34.3% 78.0%