City

Pequot Lakes, MN

1 ZIP code  ·  Crow Wing County  ·  Minnesota

👥8,764Population
💰$81,938Median HH Income≈ Avg
🎂43.9Median Age
🏠$299,900Median Home Value▲ 8% above avg
🎓48.8%College Grads▲ 26% above avg
📊6.2%Unemployment▲ 26% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 51.2% Female 48.8% ♀

Race & Ethnicity

White: 92.7%Hispanic: 1.6%Black: 0.2%Asian: 0.4%Other: 4.7%Race
White92.7%
Hispanic1.6%
Black0.2%
Asian0.4%
Other4.7%

Age Breakdown

Under 5
6%
5–17
17%
18–24
5%
25–44
23%
45–64
25%
65+
12%

Key Indicators

Median Age43.9 yrs
Avg HH Size2.42
Below Poverty5.9% ▼ 41% below avg
College Grads48.8% ▲ 26% above avg
Unemployment6.2% ▲ 26% above avg
No HS Diploma46 (0.8%)
HS Graduate1,521 (24.9%)
Some College648 (10.6%)
Associates906 (14.9%)
Bachelors905 (14.8%)
Graduate Degree2,075 (34%)

Education

No HS: 0.8%HS Grad: 24.9%Some College: 10.6%Associates: 14.9%Bachelors: 14.8%Graduate: 34%Edu
No HS0.8%
HS Grad24.9%
Some College10.6%
Associates14.9%
Bachelors14.8%
Graduate34.0%
Housing & Income

Housing Tenure

Owner: 86.1%Renter: 13.9%Tenure
Owner86.1%
Renter13.9%

Home Value Distribution

Under $50k
3%
$50k–$100k
2%
$100k–$150k
5%
$150k–$200k
12%
$200k–$300k
29%
$300k–$500k
31%
Over $500k
18%

Financials

Median HH Income$81,938 ≈ Avg
Median Home Value$299,900 ▲ 8% above avg
Home/Income Ratio3.7x (nat avg ~3.5x)
Median Rent$848/mo
Total Housing Units6,212
Vacant Units2,627

Income Distribution

Under $25k
13%
$25k–$50k
13%
$50k–$75k
17%
$75k–$100k
15%
$100k–$150k
24%
$150k–$200k
9%
Over $200k
9%
Employment & Commute

How People Get to Work

Drove Alone
79%
Public Transit
0%
Walked
2%
Work From Home
19%

Commute Time

Under 15 min
27%
15–30 min
38%
30–45 min
26%
Over 45 min
9%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
5%
1960s–1970s
9%
1980s–1990s
28%
2000+
57%
About Pequot Lakes, MN

Pequot Lakes is a city in Minnesota, located in Crow Wing County. The city spans 1 ZIP code and is home to approximately 8,764 residents. It is a middle-aged city, with a median age of 43.9 years.

Economically, Pequot Lakes is a middle-income community. The median household income of $81,938 is near the national average. Approximately 5.9% of residents live below the poverty line. The unemployment rate is 6.2%, above the national average.

The real estate market in Pequot Lakes is a mid-range housing market. Median home values stand at $299,900, which is near the national average. Renters typically pay around $848 per month. Homeownership is high at 86.1%, typical of suburban and family-oriented communities.

The population of Pequot Lakes is well-educated. 48.8% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (92.7%).

Pequot Lakes, MN offers residents above-average earning potential within Minnesota.

ZIP Codes in Pequot Lakes
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
56472 8,764 $81,938 $299,900 $848 6.2% 48.8% 86.1%