Pequot Lakes city, Minnesota Demographics & Population 2026
As of 2026, Pequot Lakes city, Minnesota has a total population of 2,236, the 247th largest city in Minnesota, with a median household income of $66,974, which is 24% lower than the state average. The poverty rate is 5.5%.
Key Takeaways
- Unemployment rate of 8.9% is notably above the national average.
Pequot Lakes city Quick Facts
How Pequot Lakes city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Pequot Lakes city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Crow Wing County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Brainerd city | 14,474 | $53,705 | 16.7% | $178,600 |
| Baxter city | 8,804 | $71,272 | 10.8% | $298,400 |
| Crosslake city | 2,648 | $85,000 | 8.6% | $540,200 |
| Breezy Point city | 2,647 | $85,913 | 5.6% | $301,000 |
| Crosby city | 2,253 | $43,250 | 15.8% | $175,600 |
| Nisswa city | 1,744 | $100,167 | 6.4% | $475,700 |
| Emily city | 659 | $73,563 | 12.4% | $344,700 |
| Deerwood city | 649 | $62,679 | 9.4% | $214,700 |
| Ironton city | 557 | $55,536 | 15.4% | $128,300 |
| Jenkins city | 472 | $70,500 | 6.1% | $265,900 |
Cities Similar to Pequot Lakes city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Arlington city | 2,298 | $66,458 | $181,600 | 18.2% | 14.9% |
| Olivia city | 2,243 | $62,683 | $156,600 | 21.9% | 13.2% |
| Spring Valley city | 2,357 | $64,500 | $149,100 | 15.2% | 12.0% |
| Springfield city | 2,209 | $59,412 | $117,600 | 26.0% | 9.4% |
| Slayton city | 2,089 | $65,724 | $160,400 | 31.4% | 11.5% |
Population Overview
Pequot Lakes city is a small community located in Minnesota, within Crow Wing County. The total population is 2,236. It ranks as the 247th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Pequot Lakes city is 43.0 years. This is 11% higher than the state median of 38.6 years. 10.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Pequot Lakes city is $66,974. This is 24% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 15% lower. The poverty rate stands at 5.5%. This is 40% lower than the state poverty rate of 9.2%. The unemployment rate is 8.9%. This is 127% higher than the state rate of 3.9%. The median home value is $246,400. Housing costs are 19% lower than the state median of $305,500. The home-value-to-income ratio is 3.7x. 66.8% of occupied housing units are owner-occupied. This homeownership rate is 8% lower than the state average of 72.4%.
Race & Ethnicity
Pequot Lakes city has a predominantly White (non-Hispanic) population, comprising 95.1% of all residents. Hispanic or Latino residents account for 1.1%. The Black or African American population (0.5%) is well below the state average of 6.7%. The Hispanic or Latino population (1.1%) is well below the state average of 6.2%. The Asian population (0.3%) is well below the state average of 5.0%.
Education
32.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 16% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.4%.
Data Sources & Methodology
All demographic data for Pequot Lakes city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Pequot Lakes city, Minnesota?
Pequot Lakes city, Minnesota has a population of 2,236 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Pequot Lakes city, MN?
The median household income in Pequot Lakes city is $66,974, which is 15% lower the national median of $78,538.
What is the poverty rate in Pequot Lakes city, MN?
The poverty rate in Pequot Lakes city is 5.5%. This means approximately 118 residents live below the federal poverty line.
What is the racial makeup of Pequot Lakes city, Minnesota?
Pequot Lakes city's population is 95.1% White, 0.5% Black, 1.1% Hispanic/Latino, and 0.3% Asian.
What is the median home value in Pequot Lakes city, MN?
The median home value in Pequot Lakes city is $246,400. The home-value-to-income ratio is 3.7x.
How educated is Pequot Lakes city, Minnesota?
32.6% of adults (25+) in Pequot Lakes city hold a bachelor's degree or higher, and 9.3% hold a graduate or professional degree.