What percentage of people rent in Pine Island, MN?

19.9% (±8.6 points) of the occupied homes in Pine Island, MN are rented (2020–2024 American Community Survey).

That is 270 renting households against 1,087 that own their home.

In Pine Island, the share of households that rent went from 28.2% in 2015–2019 to 19.9% in 2020–2024 (−8.3 percentage points), not a measurable change.

Figures last updated on .

Households that rent
19.9% (±8.6 points)
Renting households
270 (±116)
Median renter income
$47,617 (±$14,240)

Who rents and who owns in Pine Island

Tenure, estimate (90% margin of error)
Pine IslandGoodhue CountyMinnesotaUnited States
Renter-occupied share19.9% (±8.6 points)21.2% (±2.1 points)27.8% (±0.2 points)34.8%
Renting households270 (±116)4,179 (±430)641,268 (±4,528)45,017,354
Owning households1,087 (±167)15,548 (±421)1,666,687 (±7,556)84,210,142
Average renter household size2.0 (±0.6)1.8 (±0.1)2.0 (±0.0)2.3
Average owner household size2.7 (±0.2)2.5 (±0.1)2.6 (±0.0)2.6
Median renter household income$47,617 (±$14,240)$34,881 (±$4,470)$51,080 (±$531)$52,966
Median owner household income$128,938 (±$23,246)$97,047 (±$4,077)$108,214 (±$476)$100,009

In Pine Island, the renter share is not measurably different from Goodhue County (21.2%).

It is not measurably different from Minnesota (27.8%).

It is lower than the national figure (34.8%).

In Goodhue County, Pine Island ranks 8 of 30 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 582 of 2,628.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Pine Island has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent28.2% (±5.4 points)19.9% (±8.6 points)−8.3 percentage pointsNot a measurable change
Median gross rent$644 (±$258)$1,110 (±$63)+72.4%No measurable change after inflation
Median household income$73,889 (±$6,206)$104,432 (±$24,083)+41.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Pine Island

Nearest places with a published estimate, compared with Pine Island
PlaceDistanceHouseholds that rentCompared with this place
Pine Island—19.9% (±8.6 points)—
Pine Island Township3.0 mi23.4% (±19.4 points)Not measurably different
New Haven Township3.4 mi4.9% (±4.3 points)Lower
Oronoco5.2 mi1.9% (±1.9 points)Lower
Roscoe Township6.0 mi11.1% (±8.4 points)Not measurably different
Milton Township6.3 mi9.6% (±6.2 points)Not measurably different
Mazeppa Township6.7 mi2.4% (±1.6 points)Lower
Mazeppa6.8 mi17.6% (±6.6 points)Not measurably different
Zumbrota7.1 mi22.9% (±8.8 points)Not measurably different

Nearby places with a measurably lower figure: New Haven Township, MN (4.9%), Oronoco, MN (1.9%), Mazeppa Township, MN (2.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Goodhue County, place by place

RankPlaceHouseholds that rent
2Cannon Falls26.7% (±6.6 points)
3Wanamingo25.0% (±9.4 points)
4Pine Island Township23.4% (±19.4 points)
5Zumbrota22.9% (±8.8 points)
6Bellechester20.7% (±12.4 points)
7Dennison20.4% (±14.9 points)
8Pine Island19.9% (±8.6 points)
9Zumbrota Township19.2% (±11.5 points)
10Leon Township (Goodhue County)17.3% (±16.3 points)
11Kenyon14.8% (±6.8 points)
12Vasa Township14.3% (±5.5 points)
13Belvidere Township14.0% (±6.5 points)
14Welch Township13.5% (±5.4 points)

Showing 13 of 30 places in Goodhue County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Pine Island

One account for renting, owning, managing and fixing homes, with these figures beside you.

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Questions about Pine Island

How many renters are there in Pine Island?

Pine Island has an estimated 270 (±116) renting households, 19.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Pine Island?

In Pine Island, the share of households that rent went from 28.2% in 2015–2019 to 19.9% in 2020–2024 (−8.3 percentage points), not a measurable change.

How big are renting households in Pine Island?

A renting household in Pine Island has 2.0 people on average, against 2.7 in an owned home.

How much do renters earn in Pine Island?

The median renting household in Pine Island, MN has an income of $47,617 (±$14,240) a year, against $128,938 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Pine Island city, Minnesota (place:51136, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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