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Pipestone, MB

Full City Profile · Manitoba

3.0 /5.0
B Good
1,422 Population 3/sq mi density
$73,000 Median Income $49,400 per capita
$174,000 Home Value
$645 Median Rent 11.9% income on rent
37°F Avg Temperature 302 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$73,000 median income, 8.3% unemployment
A+
Affordability
5.0 / 5.0
$174,000 home value, $645/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
8.7% bachelor's degree or higher

Housing Overview

Median Home Value
$174,000
38% below
US avg: $281,900
Median Rent
$645/mo
45% below
US avg: $1,163/mo
Homeownership Rate
83.8%
28% above US avg (65.4%)
Total Housing Units
585

Ownership vs. Renting

83.8%
Owner-Occupied
16.2%
Renter-Occupied
84%
16%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
11.9%
of renters spending 30%+ of income on housing
62% below US avg (31.0%)
Homeownership Rate
83.8%

Complete Housing Data

Home Values

Census Median Value$174,000

Rent

Census Median Rent$645

Market

Ownership & Stock

Owner-Occupied83.8%
Renter-Occupied16.2%
Homeownership Rate83.8%
Total Housing Units585
Rent Burden11.9%