Pine Island, MN
Population 3,693 · Minnesota
About Pine Island, MN
Pine Island is a small community in Minnesota with a population of 3,693 residents. The median household income is $91,612 per year, which is above the national average. The median age in Pine Island is 37.1 years.
Housing in Pine Island has a median home value of $324,700 and median monthly rent of $959. Of the 1,550 total housing units, the majority are owner-occupied, with 1,077 owner-occupied and 350 renter-occupied units.
The unemployment rate in Pine Island is 1.7% and the poverty rate is 3.4%. 38.3% of residents hold a bachelor's degree or higher. The average commute time is 26.6 minutes.
Cost of Living in Pine Island, MN
Compared to national averages, Pine Island has a median household income of $91,612 (22% above the national median of $75,149). Home values average $324,700, which is 33% above the national median. Monthly rent at $959 is 18% below the US average of $1,163. Within Minnesota, Pine Island's income is 23% above the state average of $74,221, and home values are 59% above the state median of $204,472.
Why Live in Pine Island, MN?
Pine Island offers a strong local economy with a median household income of $91,612, well above the national average, and rent that’s lower than the national average at $959/month, and a strong job market with an unemployment rate of just 1.7%. Additionally, the city features a well-educated community where 38.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.4%, better than the national average.
Pine Island has a population of 3,693 with a median age of 37.1 years. Compare Pine Island with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Pine Island
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Independence | 3,695 | $194,205 | $757,800 | Compare |
| Long Prairie | 3,683 | $57,139 | $130,100 | Compare |
| Mora | 3,708 | $53,704 | $180,300 | Compare |
| Melrose | 3,608 | $58,107 | $198,300 | Compare |
| Two Harbors | 3,598 | $62,885 | $187,100 | Compare |
| Perham | 3,577 | $47,088 | $186,000 | Compare |
| St. Augusta | 3,576 | $116,384 | $323,400 | Compare |
| Deephaven | 3,835 | $175,441 | $854,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Pine Island
What is the population of Pine Island, MN?
The population of Pine Island, MN is 3,693 according to the latest Census data.
What is the median household income in Pine Island?
The median household income in Pine Island, MN is $91,612 per year.
What is the median home value in Pine Island?
The median home value in Pine Island, MN is $324,700.
What is the average rent in Pine Island?
The median monthly rent in Pine Island, MN is $959.
What is the unemployment rate in Pine Island?
The unemployment rate in Pine Island, MN is 1.7%.