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Pine County Housing Market

Minnesota · 87 counties · Ranked #2180 in home value

Below National Avg

Housing at a Glance

Median Home Value

$225,600

vs national$225,600 vs $281,900 national

Median Gross Rent

$873/mo

vs national$873 vs $1,163 national

Effective Tax Rate

0.87%

vs national0.87% vs 1.02% national

Median Household Income

$69,666

vs national$69,666 vs $74,755 national

Affordability Ratio

3.2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,973

Tax as % of Home Value

0.87%

Monthly Owner Cost

$1,051

Renter Income

$31,738

Frequently Asked Questions

What is the median home value in Pine County?
The median home value in Pine County is $225,600. This is below the national median of $281,900.
How much is rent in Pine County?
The median gross rent in Pine County is $873 per month.
What is the property tax rate in Pine County?
The effective property tax rate in Pine County is 0.87%. The median annual property tax bill is $1,973.
Is Pine County affordable?
With a home-value-to-income ratio of 3.2x, Pine County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.