City profile · Minnesota · Census ACS 2023

Pequot Lakes, MN

Population, income, housing, safety, climate and schools for Pequot Lakes - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

2,236
Residents
$66,974
Median income
$246,400
Median home
$1,120
Median rent (state)

Pequot Lakes - the verdict

Nationally, Pequot Lakes sits in the 46th percentile for household income and the 99th percentile for safety among US cities with a population of 1,000 or more. Source: Census ACS + FBI UCR.

46th
percentile, household income
55th
percentile, home value
30th
percentile, median rent
99th
percentile, safety
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Pequot Lakes, MN

2,236 people live in Pequot Lakes, Minnesota - a small town by U.S. Census Bureau ACS 2023 estimates. Median household income here is $66,974 per year, below the median for U.S. cities on this measure, with a poverty rate of 0.0%. Pequot Lakes's housing stock carries a median value of $246,400, and the median resident age is 43.0 years. Educational attainment runs 32.6% of adults with a bachelor's degree or higher. Separately, 55.5% of working-age residents are in the labor force.

Housing supply pressure shows in Census Building Permit Survey data: 18 residential units were authorized in 2024 (Building Boom), up 64% from five years earlier. Pequot Lakes reports a comparatively low crime rate: per-100,000 total crime stands at 0.0 in FBI UCR data, below the national average (a voluntary reporting program, read this as reporting activity, not a definitive danger score).

Minnesota tracks close to the national cost-of-living baseline: on BEA's 100-equals-national-average cost index, Minnesota scores 98.6 (Near Average), per the 2024 Regional Price Parities release. A typical two-bedroom carries a HUD Fair Market Rent of $1,120 per month statewide. Monthly utility costs average around $225 across Minnesota, per EIA 2023 residential energy estimates. FEMA's National Risk Index rates natural-hazard exposure at 77.5 out of 100 (High).

Population

2,236 residents

Census ACS 2023 - Minnesota

Median Household Income

$66,974 /yr

Poverty 0.0%

Cost of Living Index (state)

98.6 (US=100)

Near Average - BEA RPP 2024, Minnesota average

How does Pequot Lakes compare to other US cities?

Here's how Pequot Lakes stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 46% higher than other cities
Home value 55% pricier than other cities
Median rent 30% pricier than other cities
Safety 99% safer than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

A national percentile can hide a lot of local variation: narrowed to Minnesota alone, Pequot Lakes ranks #10 of 229 Minnesota cities by lowest crime rate - a different, more locally useful comparison than stacking it against the entire country.

How we calculate these percentiles & ranks

Each percentile compares Pequot Lakes against every qualifying US city; each in-state rank narrows that to Minnesota only. Full formula and direction notes: methodology.

Minnesota-relative analysis

Poverty Rate places Pequot Lakes near the bottom of Minnesota's cities

Among the 785 Minnesota cities PlainCities tracks with reported poverty rate data, Pequot Lakes ranks #693 - the 0th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Pequot Lakes only against its own state's cities, not the full US field.

Median Household Income
#402 of 775
48th percentile in Minnesota
Median Gross Rent
#317 of 785
57th percentile in Minnesota
Median Home Value
#222 of 774
71st percentile in Minnesota
Poverty Rate
#693 of 785
0th percentile in Minnesota
Bachelor's Degree or Higher
#174 of 784
78th percentile in Minnesota

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Minnesota only, not a livability score. See the methodology for the source and calculation.

46thIncome percentile
99thSafety percentile

46th percentile nationally for median household income · 99th percentile for safety (lower crime rate). Source: Census ACS 2023 / FBI UCR 2023.

Pequot Lakes's profile vs. every US city

Income, affordability, and safety percentile

Pequot Lakes's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown. 3-axis radar comparing 1 series across Income, Affordability, Safety. IncomeAffordabilitySafety 68 Avg. percentile National median
Pequot Lakes's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown.

How Pequot Lakes's home value compares nationally

Median home value vs. every US city (population 1,000+)

$246,400 45th percentile more affordable than 45% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). This entry sits in this band. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Pequot Lakes $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Pequot Lakes, MN Pequot Lakes, MN's reported median household income shown against the U.S. national quintile-share pattern (not Pequot Lakes, MN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Pequot Lakes, MN median $66,974/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Pequot Lakes, MN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Pequot Lakes, MN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 32.6%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 0.0%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 55.5%

Census ACS S2301, share of working-age residents in the labor force

Population
2,236
Median Income
$66,974
Median Home Value
$246,400
Median Age
43.0
Poverty Rate
0.0%
Labor force participation
55.5%
Bachelor's Degree+
32.6%

Safety & Crime

Total Crime Rate
0.0
per 100,000 residents
Violent Crime
0.0
per 100,000 residents
Property Crime
0.0
per 100,000 residents

Reflects incidents reported to the FBI's Uniform Crime Reporting program — agency participation is voluntary and reporting completeness varies by jurisdiction and year, so this reflects reporting activity, not a definitive danger score. Not adjusted for tourism, commuter, or daytime population.

Schools

Total Schools
2
Public schools in this city

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
2,350 residents2,400 residents2,450 residents2,500 residents 202020212022202320242025 2,395 residents 2,483 residents ▲ +3.7%
Pequot Lakes's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

📈 Building Boom
Total Permits (2024)
18
housing units authorized
Single-Family
18
detached homes
Multifamily
0
apartments & condos
Supply Intensity
8.1
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 11
2020 12
2021 13
2022 25
2023 16
2024 18

Permit volume increased 64% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
69.9%
Carpool
9.3%
Public Transit
0.0%
Walk
3.3%
Work from Home
17.5%

Based on 966 workers 16 and over.

Monthly Utility Costs

State-average estimates for Minnesota - EIA 2023 residential energy data

Electricity
$95
avg/month
Natural Gas
$85
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$225
estimated/month

Estimates reflect Minnesota state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Minnesota state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Pequot Lakes sits in

Cost of Living Index
98.6
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,120/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
77.5 / 100
High
FEMA NRI composite score (county)

Similar Cities in Minnesota

Olivia
2,243 people
Crosby
2,253 people
Aitkin
2,217 people
Springfield
2,209 people
Arlington
2,298 people
Wells
2,317 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Pequot Lakes's 2,236 residents (Census ACS 5-Year 2023).

Marcus Hook, PA
2,236 people
Marked Tree, AR
2,235 people
Vista Center, NJ
2,235 people
St. Paris, OH
2,237 people
Star City, AR
2,234 people
Cumberland, KY
2,234 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Pequot Lakes's $66,974 (Census ACS 5-Year 2023, table B19013).

Duneland Beach, IN
$66,979 median income
Thornton, IA
$66,979 median income
Jacksonville, FL
$66,981 median income
Edgard, LA
$66,966 median income
Fort Irwin, CA
$66,964 median income
Danvers, IL
$66,964 median income

Race & Ethnicity Composition

Race and ethnicity - Pequot Lakes, MN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Pequot Lakes, MN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 96.0% ETHNICITY, Hispanic or Latino (any race) 1.1% White 96.0% Black or African American 0.5% Asian 0.3% American Indian 1.5% Native Hawaiian 0.0% Some other race 0.0% Two or more races 1.7% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Pequot Lakes compares to nearby Minnesota cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Pequot Lakes (this city) 2,236 $66,974
Olivia 2,243 $62,683
Crosby 2,253 $43,250
Aitkin 2,217 $45,813
Census ACS 5-year FIPS MN FBI UCR NCES CCD Census BPS 2024 OMB Bulletin 23-01

What do people ask about Pequot Lakes, MN?

What is the population of Pequot Lakes, MN? +

2,236 people live in Pequot Lakes, MN according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Pequot Lakes, MN? +

Median annual household income in Pequot Lakes runs $66,974, based on Census ACS 2023 data.

What is the cost of living in Pequot Lakes? +

BEA does not publish a city-level cost-of-living figure for Pequot Lakes; the closest available measure is the Minnesota state average, a cost of living index of 98.6 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Minnesota vary by metro area.

Is Pequot Lakes, MN safe? +

Pequot Lakes has a total crime rate of 0.0 per 100,000 residents, which is below the national average. This reflects incidents reported to the FBI UCR program, not a definitive safety score -- agency reporting is voluntary and completeness varies by jurisdiction.

What is the median home value in Pequot Lakes, MN? +

Pequot Lakes's median home value sits at $246,400, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, FBI UCR, NCES CCD, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.