Pequot Lakes

Population: 2,236
Median household income: $66,974
Median home value: $246,400

Located in Crow Wing County, Minnesota, Pequot Lakes is a community with a population of 2,236. At $66,974, its median household income sits below Crow Wing County's $71,343.

From 2019 to 2023, Pequot Lakes's population grew 2.6% from 2,179 to 2,236, while its median home value rose 50.2% from $164,000 to $246,400.

32.6% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 66.8% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 2,236
Median age: 43.0 yrs
Median household income: $66,974
Median home value: $246,400
Median gross rent: $792
Housing units: 1,324
Homeownership rate: 66.8%
Bachelor's degree or higher: 32.6%
Unemployment rate: 8.9%

Trends

ACS 5-year · 2019–2023

Population

2,1792,236

Median household income

$54,583$66,974

Median home value

$164,000$246,400

Median gross rent

$672$792

Year	Population	Median household income	Median home value	Median gross rent
2019	2,179	$54,583	$164,000	$672
2020	2,128	$54,671	$171,100	$647
2021	2,166	$58,125	$197,600	$717
2022	2,135	$73,125	$230,300	$749
2023	2,236	$66,974	$246,400	$792

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 58.7%

5 to 1715.5%

18 to 246.0%

25 to 3412.7%

35 to 4410.1%

45 to 548.8%

55 to 6412.4%

65 to 7415.3%

75 and over10.6%

	Count	Share
Under 5	195	8.7%
5 to 17	346	15.5%
18 to 24	135	6.0%
25 to 34	285	12.7%
35 to 44	225	10.1%
45 to 54	196	8.8%
55 to 64	277	12.4%
65 to 74	341	15.3%
75 and over	236	10.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,127	95.1%
Black or African American	12	0.5%
American Indian & Alaska Native	29	1.3%
Asian	6	0.3%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	38	1.7%
Hispanic or Latino (any race)	24	1.1%

Educational attainment (age 25+)

No high school diploma2.6%

High school graduate23.1%

Some college or associate's41.7%

Bachelor's degree23.3%

Graduate or professional degree9.3%

	Count	Share
No high school diploma	41	2.6%
High school graduate	360	23.1%
Some college or associate's	651	41.7%
Bachelor's degree	363	23.3%
Graduate or professional degree	145	9.3%

Commute to work

Mean travel time to work: 22 min

Drove alone69.9%

Carpooled9.3%

Public transit0.0%

Walked3.3%

Bicycle0.0%

Worked from home17.5%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	675	69.9%
Carpooled	90	9.3%
Public transit	0	0.0%
Walked	32	3.3%
Bicycle	0	0.0%
Worked from home	169	17.5%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	180	22.6%
15 to 29 min	413	51.8%
30 to 44 min	156	19.6%
45 to 59 min	22	2.8%
60+ min	26	3.3%

Households

Average household size: 2.23
Poverty rate: 5.5% (118 of 2,136)

	Count	Share
Family households	564	58.1%
Nonfamily households	406	41.9%

Housing

Median year structure built: 1993

Occupancy

	Count	Share
Occupied	970	73.3%
Vacant	354	26.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	648	66.8%
Renter-occupied	322	33.2%

1-unit, detached69.1%

1-unit, attached4.4%

2 to 4 units1.2%

5 to 19 units3.7%

20 or more units20.7%

Mobile home & other0.9%

Units in structure

	Count	Share
1-unit, detached	915	69.1%
1-unit, attached	58	4.4%
2 to 4 units	16	1.2%
5 to 19 units	49	3.7%
20 or more units	274	20.7%
Mobile home & other	12	0.9%

Geography

Place GEOID: 2750416
Type (LSAD): 25
Land area: 16 sq mi
Water area: 1.8 sq mi
Center point: 46.5881, -94.2880