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Pequot Lakes, MN
Full City Profile · Minnesota · Crow Wing County County
Pequot Lakes, MN
At a Glance
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)
Is Pequot Lakes a Good Place to Live?
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 5.4% (50% 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 $329,823. 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.
Safety & Crime
Pequot Lakes reports 86 violent crimes per 100,000 residents , which is 77% below the national average of 380/100K. Property crime is 2,577/100K. The murder rate is 0.0/100K.
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 (5°C). Winters average 9°F in January while summers reach 70°F in July. The area gets 276 sunny days per year. Annual precipitation totals 28.8 inches. Air quality is rated Good with a median AQI of 36.