Pequot Lakes, MN

Minnesota

Pequot Lakes is a small town in Minnesota with a population of 2,236. Residents earn $66,974 per year, which is 11% below the national average.

4.0 /5.0
A Great
2,236 Population 137/sq mi density
$66,974 Median Income $37,668 per capita
$246,400 Home Value $329,823 Zillow
$792 Median Rent
42°F Avg Temperature
A
Overall
4.0 / 5.0
Great overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$66,974 median income, 5.4% unemployment
A+
Affordability
4.6 / 5.0
$246,400 home value, $792/mo rent
B+
Education
3.6 / 5.0
32.6% bachelor's degree or higher
Median Income $66,974
11% lower than US avg
Home Value $246,400
13% lower than US avg
Bachelor's+ 32.6%
3% lower than US avg
Median Rent $792
32% lower than US avg
Obesity Rate 36.2%
13% higher than US avg
Unemployment 5.4%
50% higher than US avg
Poverty Rate 0.0%
100% lower than US avg

How Pequot Lakes Compares to the U.S. Average (100% = U.S. avg)

People

Population2,236
Median Age43.0 yrs
Density137/mi²
Male / Female50% / 50%
Largest GroupWhite 96%

Economy

B+
Median Income$66,974
Per Capita$37,668
Unemployment5.4%
Poverty0.0%
County GDP$4,044M
Commute22 min

Housing

A+
Home Value$246,400
Rent$792
OwnershipN/A
Zillow$329,823

Crime

ViolentN/A
PropertyN/A

Health

Obesity36.2%
UninsuredN/A
Depression24.6%
Heart Disease4.9%

Climate

Avg Temp42°F
AQI36 (Good)
Rain28.8 in/yr
Elevation1,232 ft

Education

B+
Bachelor's+32.6%
High School+97.4%
School Score6.08

Community

2024 VoteR 65% / D 34%
Commute22 min
EV Stations1
Libraries3

Is Pequot Lakes a Good Place to Live?

Based on current data, Pequot Lakes receives an overall livability score of 4.0 out of 5.0, earning a grade of A. Key strengths include affordable housing, a low poverty rate, high health insurance coverage. Areas to be aware of include above-average unemployment. Pequot Lakes stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Pequot Lakes is $66,974, 11% below the national average of $75,149. The unemployment rate of 5.4% is somewhat elevated compared to the national rate of 3.6%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 22 minutes.

Cost of Living & Housing

The median home value in Pequot Lakes is $246,400, 13% below the national median — offering relatively affordable homeownership. Renters pay a median of $792 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.7x indicates a reasonably affordable housing market.

Education

32.6% of residents hold a bachelor's degree, below the national average of 33.7%. 97.4% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Pequot Lakes has a cool climate with an average annual temperature of 42°F. Winters average 9°F in January while summers reach 70°F in July. Annual precipitation totals 28.8 inches, including 39.2 inches of snow. Air quality is rated Good with a median AQI of 36.

Pequot Lakes has a population of 2,236 with a density of 137 people per square mile. The median age is 43.0 years, 11% older than the national median of 38.9. The city is predominantly White (96%), with 1.8% Hispanic.

Population

2,236
Total Population
137
People / sq mi
43.0yrs
Median Age
11% above US avg
16.4mi²
Land Area

Gender Distribution

Male 50.1%
Female 49.9%

Race & Ethnicity

Pequot Lakes vs U.S. Average

Language Spoken at Home

English Only97.8%
25% above US avg
Spanish2.2%
84% below US avg

Social Characteristics

Pequot Lakes vs U.S. Average

The median household income in Pequot Lakes is $66,974, which is 11% below the national average of $75,149. The unemployment rate is 5.4% (above the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 22 minutes.

Income: Pequot Lakes vs U.S.

Commute Mode

Income

Median HH Income$66,974
11% below US avg
Per Capita Income$37,668
Avg Weekly Wage$1,020
IRS Avg AGI$74,335

Employment & Poverty

Unemployment5.4%
50% above US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)2,376
County GDP$4,044M

Business (County)

Restaurants219
Healthcare256
Retail381
Manufacturing112

Tax & Cost of Living

Property Tax (IRS)$4,830
38% above US avg
Effective Tax Rate1.96%

Commute & Transportation

Commute Time22.4 min
Work from Home17.5%

Walkability

The median home value in Pequot Lakes is $246,400, 13% below the national average. Monthly rent averages $792 (32% below US avg). Zillow estimates the typical home value at $329,823.

Home Value Sources

Ownership Split

Home Values

Census Median$246,400
13% below US avg
Zillow ZHVI$329,823

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$792
32% below US avg

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied66.8%

Property Tax

Avg Tax (IRS)$4,830
38% above US avg
Effective Rate1.96%
In Pequot Lakes, 36.2% of adults are obese (above the 32.1% national rate). 24.6% report depression. 20.2% are physically inactive.

Health Metrics: Pequot Lakes vs U.S. Average (%)

Chronic Conditions

Obesity36.2%
13% above US avg
Diabetes8.0%
Heart Disease4.9%
High Blood Pressure27.4%
Asthma10.4%
COPD4.6%
Stroke2.5%

Behaviors & Mental Health

Binge Drinking21.8%
Physical Inactivity20.2%
Depression24.6%
Mental Distress15.9%
Physical Distress10.3%

Healthcare Access

Insurance Rate94.9%
Checkup Rate72.3%
Premature Death7,321/100K

Food & Exercise

Food Environment8.7/10
Exercise Access80.6%
Healthcare Facilities256

Crime Rates: Pequot Lakes vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)7

Safety Score

Pequot Lakes has an average annual temperature of 42°F (5°C). Winters average 9°F in January while summers reach 70°F in July. Annual precipitation is 28.8 inches. Air quality is rated Good with a median AQI of 36.

Temperature

9°F Jan (-13°C) 70°F Jul (21°C)
Annual Average41.5°F
23% below US avg
January Average9°F (-13°C)
July Average70°F (21°C)

Precipitation & Snow

Annual Rainfall28.8 inches
24% below US avg
Snowfall39.2 inches/yr

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,232 ft (376 m)
Area16.4 sq mi (42.4 km²)
Population Density137/sq mi
Coordinates46.5881°N, 94.2880°W
County FIPS27035
It is classified as Nonmetro — Urban 20K+, adjacent. 32.6% of residents hold a bachelor's degree or higher (3% below US avg). In the 2024 election, the county voted Republican by a 31.4-point margin.

2024 Presidential Election (County)

R 65%
D 33.6%

Winner: Republican by 31.4 points

Education

Bachelor's Degree+32.6%
3% below US avg
High School+97.4%
School Test Score6.08
B+ Education Grade (3.6/5.0)

Urban-Rural Classification

RUCC Code 4Nonmetro — Urban 20K+, adjacent
Population Density137/sq mi
Total Area16.4 sq mi

Infrastructure & Services

EV Charging Stations1
Alt Fuel Stations1
Public Libraries3
Healthcare Facilities256
Restaurants219
Retail Stores381

Safety & Disasters

Fatal Crashes (County/yr)7

Commute & Transportation

Avg Commute22.4 min
Work from Home17.5%

Nearby Cities

Compare Pequot Lakes with another city: