Pine Point, MN Profile: Facts & Data

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Pine Point, Minnesota - Basic Facts

The Pine Point Census Designated Place had a population of 362 as of July 1, 2020. Pine Point ranks in the lower quartile for Population Density and the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Pine Point is located at latitude 46.9777 and longitude -95.3836 in Becker County. The formal boundaries for the Pine Point Census Designated Place encompass a land area of 3.6 sq. miles and a water area of 0.52 sq. miles. Becker County is in the Central time zone (GMT -6). The elevation is 1,539 feet.

The Pine Point Census Designated Place (GNIS ID: 2393185) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Pine Point Census Designated Place is located within Township of Pine Point, a minor civil division (MCD) of Becker County.

Alternate Unofficial Names for Pine Point: Pine Point Agency.

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Pine Point, MN Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 362 (100%)
Population in Households 362 (100.0%)
Population in Families 312 (86.2%)
Population in Group Quarters1 0
Population Density 101
Diversity Index2 58
 
 

INCOME

Median Household Income $45,012
Average Household Income $63,887
% of Income for Mortgage4 21%
Per Capita Income $23,050
Wealth Index5 70
 

HOUSING

Total HU (Housing Units) 108 (100%)
Owner Occupied HU 76 (70.4%)
Renter Occupied HU 23 (21.3%)
Vacant Housing Units 9 ( 8.3%)
Median Home Value $227,778
Average Home Value $280,263
Housing Affordability Index3 126
 

HOUSEHOLDS

Total Households 99
Average Household Size 3.66
Family Households 76
Average Family Size 4
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.67% 0.65%
Households 0.61% 0.6%
Families -1.09% 0.52%
Median Household Income   2.34%
Per Capita Income   2.02%
Owner Occupied HU   0.78%

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Pine Point, MN - Peer Comparisons by Rank and Percentile

The table below compares Pine Point to the other 903 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 574 37th
Population Density # 802 11th
Median Household Income # 808 11th
Housing Affordability Index # 176 19th
Per Capita Income # 839 7th
Diversity Index # 38 96th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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