Affordable

What Salary Do You Need to Live in Pine Point?

To afford a 2-bedroom in Pine Point, you need to earn at least $26,320/year based on estimated fair market rent data. The median household income here is $40,455, which means the typical resident is $14,135 above the threshold.

Census ACS Data Pop. 285

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$461	$1,537	$18,440	$-22,015
1 Bedroom	$546	$1,820	$21,840	$-18,615
2 Bedroom BENCHMARK	$658	$2,193	$26,320	$-14,135
3 Bedroom	$803	$2,677	$32,120	$-8,335
4 Bedroom	$987	$3,290	$39,480	$-975

Affordability Breakdown

Where the required salary line crosses above Pine Point's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$40,455

Annual household

2BR Required Salary

$26,320

Under 30% rule

Income Gap

+$14,135

Surplus

Verdict

Affordable

Ratio: 19.5%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Pine Point

Your Annual Salary

Pre-filled with Pine Point's median household income

Max monthly rent you can afford$1,011

Studio

$461/mo

1 BR

$546/mo

2 BR

$658/mo

3 BR

$803/mo

4 BR

$987/mo

Your salary is $0 above the median income in Pine Point.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Pine Point's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Pine Point

Living in Pine Point is well within reach for most median-income earners. With a $14,135 cushion between what residents earn and what a 2-bedroom requires, households in Pine Point typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Pine Point, a studio at $461/month offers an even more aggressive savings rate. Even a 3-bedroom at $803/month remains accessible for dual-income households earning above $32,120.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $39,480 would position you well — though many residents in Pine Point manage on less given the favorable rent-to-income dynamics.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Pine Point, Minnesota.

With a total population of 285, the city supports an active civilian workforce of 58 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $26,320 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

Active civilian employees in Pine Point

Frequently Asked Questions About Renting in Pine Point

What salary do I need to live in Pine Point, Minnesota?

To afford a 2-bedroom in Pine Point under the 30% rule, you need an annual salary of at least $26,320. The median household income in Pine Point is $40,455.

Can I afford a 2-bedroom in Pine Point on $40,455?

The affordability verdict for Pine Point is "Affordable". The rent-to-income ratio is 19.5%, meaning median earners have a $14,135 surplus.

What is the average rent in Pine Point compared to median income?

The median gross rent in Pine Point is $546/month. With a median household income of $40,455, residents spend approximately 19.5% of their income on rent.

What salary do I need for a studio in Pine Point?

A studio in Pine Point rents for approximately $461/month. Under the 30% rule, you need an annual salary of $18,440 to afford this.

Is Pine Point considered an affordable place to live?

Based on the surplus of $14,135 and an affordability verdict of "Affordable", Pine Point is considered a affordable rental market when comparing the required 2-bedroom salary of $26,320 to the local median household income.

How Pine Point Compares

Other cities in Minnesota with salary requirements