HomeMinnesotaPipestone CountyPipestone
Pipestone, Minnesota: commercial real estate data.
Pipestone is a Census city of 4,129 people across 4.15 square miles of land, in Pipestone County. Median household income is $67,568, 70.1 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $1.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Pipestone
What Pipestone is
- Census place typecity
- Land area4.15 sq mi
- Water area0 sq mi
- Population per square mile of land996
- County holding the largest share of its areaPipestone 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.
Pipestone
How many people live in Pipestone
- Population4,129
- Median age38.6
- Population under 181,080
- Share under 1826.2 percent
- Population 65 and over812
- Share 65 and over19.7 percent
- Households1,838
- Family households1,055
- Share of households that are families57.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pipestone
Income and work in Pipestone
- Median household income$67,568
- Per capita income$36,517
- Civilian labor force2,021
- Employed1,961
- Unemployed60 plus or minus 43
- Unemployment rate3.0 percent plus or minus 2.1
- Adults 25 and over2,754
- Adults 25 and over with a high school diploma or higher92.2 percent
- Adults 25 and over with a bachelor degree or higher25.4 percent plus or minus 5.6
- Adults 25 and over with a graduate degree8.1 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pipestone
Housing in Pipestone
- Housing units2,033
- Occupied units1,838
- Vacant units195 plus or minus 99
- Vacancy rate9.6 percent plus or minus 4.8
- Owner occupied1,289
- Renter occupied549 plus or minus 122
- Ownership rate70.1 percent
- Median owner-occupied home value$114,100
- Median gross rent, monthly$740
- Annual rent as a share of median income13.1 percent
- Single family units1,627
- Share single family80.0 percent
- Units in buildings of two or more390 plus or minus 134
- Share in buildings of two or more19.2 percent plus or minus 6.5
- Mobile homes16 plus or minus 18
- Median year structure built1955
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pipestone
How Pipestone gets to work
- Workers 16 and over who commute1,838
- Commuting under 15 minutes1,359
- Share commuting under 15 minutes73.9 percent
- Commuting 30 minutes or more287 plus or minus 86
- Share commuting 30 minutes or more15.6 percent plus or minus 4.4
- Drove alone80.5 percent
- Carpooled8.8 percent plus or minus 3.6
- Public transport0.8 percent plus or minus 1.0
- Walked3.5 percent plus or minus 2.0
- Worked from home6.2 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pipestone
SBA loans in Pipestone (7(a))
- Approvals2
- Gross approval$1,297,500
- Average approval$648,750
- Median approval$648,750
- Largest approval$1,000,000
- Jobs supported30
- Jobs per approval15.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term303 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises50.0 percent
- Distinct lenders1
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Pipestone, 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.
Pipestone
SBA loans in Pipestone (504)
- Approvals4
- Gross approval$1,571,000
- Average approval$392,750
- Median approval$223,000
- Largest approval$1,010,000
- Jobs supported20
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Pipestone, in any county, FY2010 to FY2026. Only 1 loan has 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.
Pipestone
Flood risk in Pipestone
- NFIP communityCity of Pipestone
- NFIP community number270359
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date04/25/24
The City of Pipestone participates in the National Flood Insurance Program as community 270359 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.
Pipestone County, not Pipestone
Pipestone County context, not Pipestone figures
- Establishments in Pipestone County312
- Covered employment, Pipestone County4,302
- Average annual pay, Pipestone County$50,888
- Housing units permitted, Pipestone County8
Every figure in this section is published for Pipestone County as a whole and is not a measurement of Pipestone.
All Pipestone County figures →
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
Pipestone questions, answered from the record.
How many people live in Pipestone, Minnesota?
4,129, in 1,838 households. Pipestone city covers 4.15 square miles of land, which is 996 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Pipestone in?
Pipestone 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 Pipestone?
$67,568. The median owner-occupied home is valued at $114,100. Median gross rent is $740 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Pipestone businesses?
2 7(a) approvals totaling $1.3 m since FY2020, across 1 lenders, median approval $648,750, plus 4 504 approvals worth $1.6 m since FY2010. These count approvals to borrowers whose address is in Pipestone, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Pipestone borrowers get paid back?
No rate is published for Pipestone. 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 Pipestone in the National Flood Insurance Program?
Yes. Pipestone appears in the FEMA Community Status Book as Pipestone, city of, community 270359, 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 Pipestone figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Pipestone 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 Pipestone.
Is zoning published for Pipestone?
No. Nothing on this page presents parcel level zoning.
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