The labor pool participation rate in Pipestone is 58.4%, with an unemployment rate of 2.8%. For those of you located in the labor force, the average commute time is 24.3 minutes. 4.2% of Pipestone’s population have a graduate degree, and 17.5% have earned a bachelors degree. For those without a college degree, 33.1% attended some college, 33.8% have a high school diploma, and only 11.4% have an education lower than twelfth grade. 7.5% are not covered by medical insurance.
The average family unit size in Pipestone, MN is 2.86 family members members, with 65% being the owner of their own dwellings. The mean home cost is $82737. For those people renting, they pay an average of $534 monthly. 52.5% of families have dual incomes, and an average domestic income of $40670. Average income is $25603. 17.1% of residents survive at or below the poverty line, and 19.9% are considered disabled. 8.1% of citizens are ex-members regarding the armed forces.
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