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ZipNumbers

Minnesota · Census place 50416

Pequot Lakes city, MN

Quick answer

Pequot Lakes city has 2,236 residents, ranking #247 of 914 places in Minnesota. Median household income is $66,974, the median home is worth $246,400 and median gross rent runs $792 a month.

Population
2,236Pequot Lakes city residents
Median household income
$66,974Past 12 months, inflation adjusted
Median home value
$246,400Owner-occupied units
Median gross rent
$792Rent plus utilities, monthly
Median age
43 yrsAll residents
Homeownership rate
66.8%Owner-occupied households

What the numbers mean in Pequot Lakes city

Housing cost measured against local earnings.

A household earning the Pequot Lakes city median would spend about 14.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.5% of residents and 66.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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