At a Glance
Median Income
$66,974
$37,668 per capita
Home Value
$246,400
Zillow: $350,302
Median Rent
$792/mo
27.8% of income on rent
Bachelor's Degree+
32.6%
97.4% high school+
Unemployment
8.9%
0.0% poverty rate
Obesity Rate
36.2%
13.6% smoking rate
How Pequot Lakes Compares to the U.S. Average
Each bar shows Pequot Lakes's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Pequot Lakes a Good Place to Live?
B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Pequot Lakes residents earn a median household income of $66,974 , which is 11% below the national average of $75,149.
Per capita income is $37,668. The unemployment rate stands at 8.9% (147% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 2,376 business establishments, including 219 restaurants.
Housing & Cost of Living
The median home value in Pequot Lakes is $246,400 , 13% below the national median of $281,900.
Zillow estimates the typical home at $350,302. Median rent is $792/month, with 27.8% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1992.
Education
32.6% of adults in Pequot Lakes hold a bachelor's degree or higher
(3% below the national average).
97.4% have completed high school. Local schools score 6.6/10 in standardized testing.
Climate & Weather
Pequot Lakes has an average annual temperature of 42°F (6°C).
Winters average 11°F in January while summers reach 70°F in July. Annual precipitation totals 24.5 inches. Air quality is rated Good with a median AQI of 38.
Data Overview
People
Population2,236
Median Age43.0 yrs
Density137/mi²
Male / Female50% / 50%
Foreign Born0.7%
Veterans13.1%
Economy
B
Median Income$66,974
Per Capita$37,668
Unemployment8.9%
Poverty0.0%
County GDP$4,044M
Avg Weekly Wage$1,020
Housing
A+
Home Value$246,400
Rent$792
Ownership66.8%
Zillow$350,302
Housing Units1,345
Rent Burden27.8%
Health
Obesity36.2%
Diabetes8.0%
Smoking13.6%
Heart Disease4.9%
Premature Death7,321/100K
Climate
Avg Temp42°F
Rain24.5 in/yr
AQI38 (Good)
Elevation1,232 ft
Education
B+
Bachelor's+32.6%
High School+97.4%
Graduate+10.2%
School Score6.6/10
Community
2024 VoteR 65% / D 34%
Commute22 min
Broadband85.1%
Internet Speed191 Mbps
EV Stations1
Libraries3
Did You Know?
The median home in Pequot Lakes was built in 1992.
17.5% work from home.
The nearest airport is Brainerd Lakes Regional (15 miles).
The Gini coefficient (income inequality) is 0.429 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
15.0% of the population has a disability.
Average internet download speed is 191 Mbps.
There are 219 restaurants in the area.
The county recorded 7 fatal vehicle crashes.