Pine County belongs within the Central Minnesota planning region including 13 counties, three economic development regions and two workforce development boards. The 2020 Regional Profile reviews the population changes, labor force changes, income, wages and occupations, as well as the overall economy that encompasses just under 775,000 people.
Within the Central Minnesota planning region is the East Central Minnesota economic development region 7E, which includes Pine, Chisago, Isanti, Kanabec & Mille Lacs counties. The 2019 Regional Profile (updated 7.29.2020) covers similar topics that the Central Regional Profile covers, but focuses on the economy of East Central Minnesota, which accounts for about 170,000 people.
On it's own, Pine County's economy has it's own unique characteristics as outlined in the 2021 County Profile (updated 9.1.2021), and some highlights include:
- Projections of populations increases for children under 5, and adults 25-34 & 65-84
- Lower cost of living than the state, with a required hourly wage of $15.97 for a single person living alone to meet basic needs and $17.51 for a family with 2 adults and one child
- Lower housing costs than the state with homeownership costs around $1291 per month and the average renter paying $781 per month