Pipestone, MN
Full City Profile · Minnesota · Rock County County
3.1
/5.0
B
Good
4,165
Population
1,004/sq mi density
$61,442
Median Income
$35,890 per capita
$102,000
Home Value
$148,043 Zillow
$722
Median Rent
32.5% income on rent
44°F
Avg Temperature
291 sunny days/yr
144
Violent Crime/100K
1,770 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$61,442 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$102,000 home value, $722/mo rent
F
Safety
1.0 / 5.0
144 violent crimes/100K
C+
Education
2.9 / 5.0
24.1% bachelor's degree or higher
Housing Overview
Median Home Value
$102,000
64% below
US avg: $281,900
Median Rent
$722/mo
38% below
US avg: $1,163/mo
Homeownership Rate
73.5%
12% above US avg (65.4%)
Total Housing Units
1,993
Median year built: 1961
Home Value by Source
Census Median
$102,000
Zillow (ZHVI)
$148,043
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.5%
Owner-Occupied
26.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$671/mo
1 Bedroom
$742/mo
2 Bedroom
$973/mo
3 Bedroom
$1,203/mo
4 Bedroom
$1,538/mo
Census median rent:
$722/mo
Affordability & Housing Stock
Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
73.5%
Complete Housing Data
Home Values
| Census Median Value | $102,000 |
| Zillow Home Value (ZHVI) | $148,043 |
Rent
| Census Median Rent | $722 |
| FMR Studio | $671 |
| FMR 1-Bedroom | $742 |
| FMR 2-Bedroom | $973 |
| FMR 3-Bedroom | $1,203 |
| FMR 4-Bedroom | $1,538 |
Market
Ownership & Stock
| Owner-Occupied | 73.5% |
| Renter-Occupied | 26.5% |
| Homeownership Rate | 73.5% |
| Total Housing Units | 1,993 |
| Median Year Built | 1961 |
| Rent Burden | 32.5% |
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