Market Snapshot

Report generated March 2026

IndicatorValue
Population9,352
↓ 0.8% since 2020
Median Household Income$66,073
11% below national median
Median Home Value$126,700
Unemployment Rate3.0%
Median Age39.8 years
Housing Vacancy Rate8.0%

County Profile

DemographicValue
Total Population (2023)9,352
Population (2020)9,424
Population Growth-0.76%
Median Household Income$66,073
Median Home Value$126,700
Total Housing Units4,316
Vacant Housing Units345
Housing Vacancy Rate8.0%
Median Age39.8
Bachelor's Degree or Higher932 (10.0%)
Unemployment Rate3.0%

Market Overview

Pipestone County, Minnesota has a population of 9,352, which has declined 0.76% since 2020. The median household income is $66,073, below the national median of $74,580 by 11.4%. The housing vacancy rate of 8.0% suggests balanced market conditions. As part of Minnesota, Pipestone County benefits from the state's growing interest in vacant land investment.

Frequently Asked Questions

What is the current population of Pipestone County, Minnesota?
As of the 2023 American Community Survey, Pipestone County has a population of 9,352. The county has declined 0.76% since the 2020 Census.
What is the median household income in Pipestone County?
The median household income in Pipestone County is $66,073, which is 11.4% below the national median of $74,580.
Is Pipestone County growing or shrinking?
Pipestone County is shrinking. The population has declined 0.76% since 2020.
What is the housing market like in Pipestone County?
The median home value in Pipestone County is $126,700. The housing vacancy rate is 8.0%, which suggests balanced market conditions. The unemployment rate is 3.0%, reflecting the local economic conditions.
Does Reelvest buy land in Pipestone County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Pipestone County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.