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Pipestone, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

During the 2020–2024 ACS period, Pipestone, Minnesota had a total population of 4,129, the 176th largest city in Minnesota, with a median household income of $67,568, which is 24% lower than the state average. The poverty rate is 13.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Pipestone Quick Facts

Population 4,129
Median Household Income $67,568
Median Home Value $114,100
Poverty Rate 13.1%
Unemployment Rate 3.0%
Median Age 38.6 years
Homeownership Rate 70.1%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 25.4%
High School Graduation Rate 92.2%
Diversity Index 32/100
Population 4,129 176th of 914
Median Income $67,568 average
Poverty Rate 13.1% 6% higher than national
Median Home Value $114,100 bottom 30%

How Pipestone Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population4,1654,129-0.9%
Median household income$61,442$67,568+10.0%
Median home value$102,000$114,100+11.9%

How Pipestone Compares

Economy & Housing

Household Income Distribution

Under $25K 19.2%
$25K-$50K 17.5%
$50K-$100K 35.8%
$100K+ 27.5%
Detailed income brackets
Under $10K
5.5%
$10K-$15K
5.5%
$15K-$20K
3.8%
$20K-$25K
4.4%
$25K-$30K
2.6%
$30K-$35K
4.1%
$35K-$40K
4.6%
$40K-$45K
1.8%
$45K-$50K
4.3%
$50K-$60K
9.5%
$60K-$75K
8.9%
$75K-$100K
17.4%
$100K-$125K
12.0%
$125K-$150K
6.3%
$150K-$200K
2.8%
$200K+
6.5%

Employment

3.0% Unemployment Rate State: 4.1%|National: 5.2%
63.1% Labor Force Participation

Housing Overview

Owner 70.1%
Renter 29.9%
Affordability Index Very Affordable
1.7x home value to income ratio
Median gross rent $740/mo 13.1% of median household income annually

People & Demographics

Diversity Index

32out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Pipestone Rankings in Minnesota

#176 Population of 914
#474 Median Income of 887
#308 Education of 914
#667 Home Value of 870

Other Cities in Pipestone County

CityPopulationMedian IncomePovertyHome Value
Edgerton 1,104 $68,894 5.1% $132,100
Holland 292 $82,794 20.2% $70,900
Ruthton 222 $38,864 21.1% $56,800
Woodstock 200 $58,785 1.5% N/A
Ihlen 91 $66,103 4.4% $84,700
Trosky 51 $58,750 5.9% $116,100
Hatfield 46 $88,333 0.0% N/A

Cities Similar to Pipestone

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Goodview4,103$74,712$254,20034.5%5.9%
Cold Spring4,249$72,228$280,40031.0%9.8%
Le Sueur4,215$78,711$244,00025.2%12.8%
Norwood Young America3,849$71,364$299,30023.3%11.5%
Zumbrota3,914$78,156$249,30032.7%7.2%

Population Overview

Pipestone is a small community located in Minnesota, within Pipestone County. The total population is 4,129. It ranks as the 176th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Pipestone is 38.6 years. This is about the same as the state median of 38.8 years. 11.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Pipestone is $67,568. This is 24% lower than the state median of $89,062. It is also 16% lower than the national median of $80,734. The poverty rate stands at 13.1%. This is 41% higher than the state poverty rate of 9.3%. The unemployment rate is 3.0%. This is 27% lower than the state rate of 4.1%. The median home value is $114,100. Housing costs are 65% lower than the state median of $329,300. With a home-value-to-income ratio of just 1.7x, Pipestone is one of the most affordable housing markets in the area. 70.1% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Pipestone is White (non-Hispanic), making up 81.6% of the population. Hispanic or Latino residents account for 10.1%. The Black or African American population (2.4%) is well below the state average of 7.0%. The Hispanic or Latino population is significantly higher than the state average (10.1% vs 6.4%). The Asian population (1.1%) is well below the state average of 5.1%.

Education

25.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 36% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.2%.

Data Sources & Methodology

All demographic data for Pipestone, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Pipestone, Minnesota?

Pipestone, Minnesota has a population of 4,129 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Pipestone, MN?

The median household income in Pipestone is $67,568, which is 16% lower than the national median of $80,734.

What is the poverty rate in Pipestone, MN?

The poverty rate in Pipestone is 13.1%. This means approximately 527 residents live below the federal poverty line.

What is the racial makeup of Pipestone, Minnesota?

Pipestone's population is 81.6% White, 2.4% Black, 10.1% Hispanic/Latino, and 1.1% Asian.

What is the median home value in Pipestone, MN?

The median home value in Pipestone is $114,100. The home-value-to-income ratio is 1.7x.

How educated is Pipestone, Minnesota?

25.4% of adults (25+) in Pipestone hold a bachelor's degree or higher, and 8.1% hold a graduate or professional degree.