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CITY · 2010 ACS

Pequot Lakes

Minnesota · 2,162 residents · 16.363 sq mi
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The short version

Pequot Lakes has notably lower household income than the US average, with a median household income of $36,875. The city has more than doubled in size since 2000, adding 1,215 residents. 15% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value has more than doubled since 2000, reaching $170,200. Households here earn about 36% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 40.6
US median: 37.2
Less educated
15% hold a bachelor's degree
US average: 28%
Less affordable
home values up 65%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
2,162
+128%since 2000
from 947 in 2000
1990 – 2025
Population density
132 / sq mi
+128%since 2000
from 58 / sq mi in 2000
US average: 261
Median age
40.6
+5%since 2000
from 38.6 in 2000
US average: 37.2
Population, 1990 – 2024
6791K2K2K3K1990201020202024Pequot Lakes
20242K
1990201020202024
Section 02

Income & economy

Median household income
$36,875
+22%inflation adjusted, since 2000
from $23,813 in 2000
US average: $52,703
1990 – 2024
Per capita income
$21,628
+33%since 2000
from $16,275 in 2000
US average: $27,286
Households earning $100K+
16.4%
+2.3 ptssince 2009
from 14.2% in 2009
US average: 33.3%
Poverty rate
12.1%
−2.7 ptssince 2000
from 14.8% in 2000
US average: 13.8%
Income inequality (Gini)
0.417
US average: 0.461
Workforce by industry, 2010
Information12.8%
US avg: 11.5%
Retail trade12.7%
US avg: 10.9%
Wholesale trade8.8%
US avg: 7.2%
Arts, entertainment, food4.9%
US avg: 2.4%
Other services3.6%
US avg: 7%
Transportation & warehousing2.3%
US avg: 3.1%
Finance & insurance2.3%
US avg: 5.1%
Professional, scientific, technical2.3%
US avg: 4.2%
Agriculture, forestry, fishing1.4%
US avg: 1.9%
Construction1.4%
US avg: 1.4%
Public administration1.3%
US avg: 4.9%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$170,200
+65%inflation adjusted, since 2000
from $81,400 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$557
+9%inflation adjusted, since 2000
from $404 in 2000
US average: $853
Owner-occupied
43.1%
−8.6 ptssince 2000
from 51.8% in 2000
38.0% rent
Vacancy rate
23.9%
−1.8 ptssince 2009
from 25.7% in 2009
US average: 12.1%
Owner cost-burdened
26.8%
+4.7 ptssince 2009
from 22.0% in 2009
US average: 30.9%
Renter cost-burdened
42.9%
−8.9 ptssince 2009
from 51.8% in 2009
US average: 46.8%
Afford Score
4.6
+35%since 2000
from 3.4 in 2000
1990 – 2024
RELATED:See current rent listings in Pequot Lakes on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.5%(923)
Black1.1%(10)
Hispanic / Latino0.7%(7)
Asian0.3%(3)
Other0%
Diversity Score5.2%(49)
2010
White, non-Hispanic96.6%(2,089)
Black0.3%(6)
Hispanic / Latino1.1%(24)
Asian0.6%(13)
Other1.4%(30)
Diversity Score8.2%(178)
Diversity Score
8
+58%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
15.3%
−2.3 ptssince 2000
from 17.5% in 2000
US average: 27.9%
High school or higher
86.7%
+5.1 ptssince 2000
from 81.7% in 2000
US average: 84.9%
Graduate degree
3.7%
−2.8 ptssince 2000
from 6.5% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
19.2 min
+59%since 2000
from 12.1 min in 2000
US average: 25.2
Drive alone to work
77.2%
−2.6 ptssince 2009
from 79.8% in 2009
US average: 76.2%
Carpooled to work
6.2%
+0.5 ptssince 2009
from 5.7% in 2009
US average: 10.4%
Public transit
0.6%
−0.1 ptssince 2009
from 0.6% in 2009
US average: 4.7%
Worked from home
5.6%
−0.7 ptssince 2009
from 6.4% in 2009
US average: 4.1%
Walked to work
3.3%
−0.3 ptssince 2009
from 3.6% in 2009
US average: 2.8%
Biked to work
1.2%
+0.4 ptssince 2009
from 0.8% in 2009
US average: 0.5%
No vehicle available
14.9%
+2.9 ptssince 2009
from 12.0% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
11.4%
+1.4 ptssince 2009
from 10.0% in 2009
US average: 12.9%
Management & professional
23.6%
−37.7 ptssince 2009
from 61.3% in 2009
US average: 35.2%
Section 08

People & community

Male
47.9%
+1.9 ptssince 2009
from 46.0% in 2009
Female
52.1%
−1.9 ptssince 2009
from 54.0% in 2009
Foreign born
3.7%
+1.2 ptssince 2009
from 2.5% in 2009
US average: 12.8%
Veterans
16.4%
−28.8 ptssince 2009
from 45.1% in 2009
US average: 9.9%
Drill deeper

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Head to head

Compare Pequot Lakes to nearby cities

PEQUOT LAKES VS
Brainerd
Income$56,111+52%
Home value$192,500+13%
Population14,428+481%
SEE FULL COMPARISON →
PEQUOT LAKES VS
Baxter
Income$70,688+92%
Home value$324,100+90%
Population9,217+271%
SEE FULL COMPARISON →
PEQUOT LAKES VS
Little Falls
Income$47,863+30%
Home value$202,600+19%
Population9,277+274%
SEE FULL COMPARISON →
PEQUOT LAKES VS
Grand Rapids
Income$61,029+66%
Home value$213,800+26%
Population11,181+350%
SEE FULL COMPARISON →
Frequently asked

How many people live in Pequot Lakes, Minnesota?

Pequot Lakes, Minnesota has about 2,162 residents according to the 2010 American Community Survey.

What is the median household income in Pequot Lakes, Minnesota?

The typical household in Pequot Lakes, Minnesota earns about $36,875 a year. Half of households make more than that, and half make less.

Is Pequot Lakes, Minnesota expensive?

In Pequot Lakes, Minnesota, the median home is worth about $170,200, and the typical rent is about $557 a month.

How educated are people in Pequot Lakes, Minnesota?

About 15.3% of adults age 25 and over in Pequot Lakes, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Pequot Lakes, Minnesota?

About 12.1% of people in Pequot Lakes, Minnesota live below the federal poverty line.

Has Pequot Lakes, Minnesota grown since 1990?

Yes, Pequot Lakes, Minnesota has grown since 1990. The population has added about 1,317 residents, a change of about 156 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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