Pipestone is located in southwest Minnesota. Pipestone is between the Pipestone, Lincoln, Moody county. Pipestone has 4.18 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Pipestone population is 4,221, which has shrunk 1.38% since 2000. The population growth rate is much lower than the state average rate of 9.44% and is much lower than the national average rate of 11.61%. Pipestone median household income is $41,154 in 2010-2014 and has grown by 35.32% since 2000. The income growth rate is higher than the state average rate of 29.12% and is higher than the national average rate of 27.36%. Pipestone median house value is $79,000 in 2010-2014 and has grown by 53.40% since 2000. The house value growth rate is about the same as the state average rate of 51.31% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Pipestone is better than the state average in quality. The Pipestone area code is 507.