Pine City, MN Profile: Facts & Data

Pine City, Minnesota - Basic Facts

The City of Pine City had a population of 3,221 as of July 1, 2024.

The primary coordinate point for Pine City is located at latitude 45.8261 and longitude -92.9685 in Pine County. The formal boundaries for the City of Pine City encompass a land area of 3.67 sq. miles and a water area of 0.47 sq. miles. Pine County is in the Central time zone (GMT -6).

The City of Pine City has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

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Pine City, MN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	3,221 (100%)
Population in Households	3,130 (97.2%)
Population in Families	2,286 (71.0%)
Population in Group Quarters¹	91 ( 2.8%)
Population Density	734
Diversity Index²	19


INCOME
Median Household Income	$55,619
Average Household Income	$76,177
% of Income for Mortgage⁴	24%
Per Capita Income	$33,695
Wealth Index⁵	58
Socioeconomic Status Index⁶	Moderate (49.8)

HOUSING
Total HU (Housing Units)	1,560 (100%)
Owner Occupied HU	954 (61.2%)
Renter Occupied HU	469 (30.1%)
Vacant Housing Units	137 ( 8.8%)
Median Home Value	$216,667
Average Home Value	$276,336
Housing Affordability Index³	100

HOUSEHOLDS
Total Households	1,423
Average Household Size	2.20
Family Households	781
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

1,560 (100%)

Owner Occupied HU

954 (61.2%)

Renter Occupied HU

469 (30.1%)

Vacant Housing Units

137 ( 8.8%)

Median Home Value

$216,667

Average Home Value

$276,336

Housing Affordability Index³

100

HOUSEHOLDS

Total Households

1,423

Average Household Size

2.20

Family Households

781

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.42%	0.01%
Households	0.45%	0.18%
Families		0.10%
Median Household Income		3.39%
Per Capita Income		2.54%
Owner Occupied HU		0.95%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.42%

0.01%

Households

0.45%

0.18%

Families

0.10%

Median Household Income

3.39%

Per Capita Income

2.54%

Owner Occupied HU

0.95%

Pine City, MN - Peer Comparisons by Rank and Percentile

The table below compares Pine City to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2024 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	# 206	78th
Population Density	# 385	58th
Median Household Income	# 805	12th
Housing Affordability Index	# 427	47th
Per Capita Income	# 743	19th
Diversity Index	# 523	43rd

Variable Description

Rank

Percentile

Total Population

# 206

78th

Population Density

# 385

58th

Median Household Income

# 805

12th

Housing Affordability Index

# 427

47th

Per Capita Income

# 743

19th

Diversity Index

# 523

43rd

Minnesota Census Data Comparison Tool

Pine City, MN Profile: Facts & Data

Pine City, Minnesota - Basic Facts

Pine City, MN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Pine City, MN - Peer Comparisons by Rank and Percentile

Pine City, MN - Most Popular Things to Do

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