HomeMinnesotaPine CountyPine City city
Pine City city, Minnesota: commercial real estate data.
Pine City city is a Census city of 3,468 people across 4.39 square miles of land, in Pine County. Median household income is $52,056, 60.9 percent of occupied homes are owned, and the SBA record carries 27 7(a) approvals to borrowers here worth $8.9 m.
76 sourced place values · tier FULL · 8 sections
Pine City
What Pine City is
- Census place typecity
- Land area4.39 sq mi
- Water area0.4 sq mi
- Population per square mile of land790
- County holding the largest share of its areaPine County, 100.0 percent
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 City
How many people live in Pine City
- Population3,468
- Median age41.0
- Population under 18650 plus or minus 150
- Share under 1818.7 percent plus or minus 4.3
- Population 65 and over793 plus or minus 182
- Share 65 and over22.9 percent plus or minus 5.2
- Households1,723
- Family households870
- Share of households that are families50.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pine City
Income and work in Pine City
- Median household income$52,056
- Per capita income$34,369
- Civilian labor force1,652
- Employed1,515
- Unemployed137 plus or minus 71
- Unemployment rate8.3 percent plus or minus 4.2
- Adults 25 and over2,548
- Adults 25 and over with a high school diploma or higher91.2 percent
- Adults 25 and over with a bachelor degree or higher17.9 percent plus or minus 5.2
- Adults 25 and over with a graduate degree6.1 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pine City
Housing in Pine City
- Housing units1,872
- Occupied units1,723
- Vacant units149 plus or minus 93
- Vacancy rate8.0 percent plus or minus 4.9
- Owner occupied1,049
- Renter occupied674 plus or minus 142
- Ownership rate60.9 percent
- Median owner-occupied home value$186,900
- Median gross rent, monthly$680 plus or minus $146
- Annual rent as a share of median income15.7 percent plus or minus 4.2
- Single family units1,225
- Share single family65.4 percent
- Units in buildings of two or more600 plus or minus 165
- Share in buildings of two or more32.1 percent plus or minus 8.6
- Mobile homes47 plus or minus 37
- Median year structure built1975
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pine City
How Pine City gets to work
- Workers 16 and over who commute1,424
- Commuting under 15 minutes498 plus or minus 137
- Share commuting under 15 minutes35.0 percent plus or minus 8.5
- Commuting 30 minutes or more649 plus or minus 167
- Share commuting 30 minutes or more45.6 percent plus or minus 10.1
- Drove alone83.4 percent
- Carpooled10.8 percent plus or minus 5.5
- Public transport0.0 percent
- Walked1.5 percent plus or minus 1.7
- Worked from home4.3 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pine City
SBA 7(a) lending to Pine City borrowers
- Approvals27
- Gross approval$8,872,900
- Average approval$328,626
- Median approval$295,700
- Ninetieth percentile approval$732,000
- Largest approval$975,000
- Jobs supported273
- Jobs per approval10.1
- Loans with a final outcome7
- Paid in full7
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more25.9 percent
- Share to franchises3.7 percent
- Distinct lenders9
- Distinct industries by NAICS19
A charge-off rate is not published here. only 7 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Pine City
SBA 504 lending to Pine City borrowers
- Approvals13
- Gross approval$4,690,000
- Average approval$360,769
- Median approval$280,000
- Largest approval$1,448,000
- Jobs supported84
- Loans with a final outcome7
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Pine County, not Pine City
Pine County context, not Pine City figures
These are Pine County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Pine City measurements.
- Establishments in Pine County627
- Employment at those establishments, Pine County6,406
- Covered employment, Pine County7,799
- Average annual pay, Pine County$44,269
- Average weekly wage, Pine County$851
- Housing units permitted, Pine County241
- Of those, single family, Pine County201
- County product, 2024, Pine County$994,891,000
- County product change over the prior year, Pine County8.4 percent
- Average income of an arriving household, Pine County$60,261
Every figure in this section is published for Pine County as a whole and is not a measurement of Pine City. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Pine City questions, answered from the record.
How many people live in Pine City, Minnesota?
3,468, in 1,723 households. Pine City city covers 4.39 square miles of land, which is 790 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Pine City in?
Pine County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Pine City?
$52,056. The median owner-occupied home is valued at $186,900. Median gross rent is $680 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 City businesses?
27 7(a) approvals totalling $8.9 m, across 9 lenders, median approval $295,700, plus 13 504 approvals worth $4.7 m. These count approvals to borrowers whose address is in Pine City, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Pine City borrowers get paid back?
No rate is published for Pine City. only 7 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Pine City figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Pine 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 City.
Is zoning published for Pine City?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.