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Pine City Public

Learn about the people, housing, costs and businesses in Pine City Public, Minnesota

Median Home$387,434
Median Rent$1,441/month
Population42,072
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services13% healthcare
Home Value Growth⬆⬆+13.0% over 2 years
Retirees22% of residentsslightly above average
Homeowners83% of occupied units
NotableHigh Incomes$103k/year · top 13% nationally
NotableHighly Educated22% hold a bachelor's degree · top 24% nationally
Pine City Public
MN

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Pine City Public?

As of today, the 30-year fixed mortgage rate for Pine City Public is approximately 6.903% (6.939% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Pine City Public?

The median home value in Pine City Public is $387k. The median monthly rent is $1,441. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pine City Public?

Home values in Pine City Public have increased 13.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Pine City Public?

Based on a typical all-in ownership cost of $1,633/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pine City Public is $103k/year.

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What industries drive the economy in Pine City Public?

The largest employment sectors in Pine City Public are public administration (24%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.