HomeMinnesotaGoodhue CountyPine Island
Pine Island, Minnesota: commercial real estate data.
Pine Island is a Census city of 3,580 people across 6.20 square miles of land, lying across Goodhue County and Olmsted County. Median household income is $104,432, 80.1 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $629,900 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Pine Island
What Pine Island is
- Census place typecity
- Land area6.2 sq mi
- Water area0.03 sq mi
- Population per square mile of land577
- County holding the largest share of its areaGoodhue County, 53.7 percent
- Counties this place lies inGoodhue County 53.7 percent, Olmsted County 46.3 percent
Pine Island crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pine Island
How many people live in Pine Island
- Population3,580
- Median age37.4
- Population under 18956
- Share under 1826.7 percent
- Population 65 and over558
- Share 65 and over15.6 percent
- Households1,357
- Family households889
- Share of households that are families65.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pine Island
Income and work in Pine Island
- Median household income$104,432 plus or minus $24,083
- Per capita income$43,880
- Civilian labor force1,874
- Employed1,843
- Unemployed31 plus or minus 30
- Unemployment rate1.7 percent plus or minus 1.6
- Adults 25 and over2,343
- Adults 25 and over with a high school diploma or higher97.1 percent
- Adults 25 and over with a bachelor degree or higher37.0 percent
- Adults 25 and over with a graduate degree17.4 percent plus or minus 4.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pine Island
Housing in Pine Island
- Housing units1,431
- Occupied units1,357
- Vacant units74 plus or minus 74
- Vacancy rate5.2 percent plus or minus 5.2
- Owner occupied1,087
- Renter occupied270 plus or minus 116
- Ownership rate80.1 percent
- Median owner-occupied home value$350,500
- Median gross rent, monthly$1,110
- Annual rent as a share of median income12.8 percent plus or minus 3.0
- Single family units1,164
- Share single family81.3 percent
- Units in buildings of two or more209 plus or minus 120
- Share in buildings of two or more14.6 percent plus or minus 8.3
- Mobile homes58 plus or minus 41
- Median year structure built2001
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pine Island
How Pine Island gets to work
- Workers 16 and over who commute1,560
- Commuting under 15 minutes334 plus or minus 105
- Share commuting under 15 minutes21.4 percent plus or minus 6.3
- Commuting 30 minutes or more529 plus or minus 149
- Share commuting 30 minutes or more33.9 percent plus or minus 8.8
- Drove alone79.5 percent
- Carpooled5.2 percent plus or minus 3.7
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home15.4 percent plus or minus 6.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pine Island
SBA loans in Pine Island (7(a))
- Approvals3
- Gross approval$629,900
- Average approval$209,967
- Median approval$275,000
- Largest approval$346,000
- Jobs supported12
- Jobs per approval4.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Pine Island, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Pine Island
SBA loans in Pine Island (504)
- Approvals1
- Gross approval$281,000
- Average approval$281,000
- Median approval$281,000
- Largest approval$281,000
- Jobs supported2
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Pine Island, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Pine Island
Flood risk in Pine Island
- NFIP communityCity of Pine Island
- NFIP community number270145
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/10/26
The City of Pine Island participates in the National Flood Insurance Program as community 270145 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Goodhue County, not Pine Island
Goodhue County context, not Pine Island figures
- Establishments in Goodhue County1,294
- Covered employment, Goodhue County21,366
- Average annual pay, Goodhue County$60,513
- Housing units permitted, Goodhue County86
Every figure in this section is published for Goodhue County as a whole and is not a measurement of Pine Island.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Pine Island questions, answered from the record.
How many people live in Pine Island, Minnesota?
3,580, in 1,357 households. Pine Island city covers 6.20 square miles of land, which is 577 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Pine Island in?
Pine Island lies in more than one. By area it is 53.7 percent in Goodhue County, 46.3 percent in Olmsted County. This page sits under Goodhue County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Pine Island?
$104,432. The median owner-occupied home is valued at $350,500. Median gross rent is $1,110 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Pine Island businesses?
3 7(a) approvals totaling $629,900 since FY2020, across 3 lenders, median approval $275,000, plus 1 504 approvals worth $281,000 since FY2010. These count approvals to borrowers whose address is in Pine Island, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Pine Island borrowers get paid back?
No rate is published for Pine Island. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Pine Island in the National Flood Insurance Program?
Yes. Pine Island appears in the FEMA Community Status Book as Pine Island, city of, community 270145, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Pine Island figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Goodhue County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Pine Island.
Is zoning published for Pine Island?
No. Nothing on this page presents parcel level zoning.
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