Minnesota · Census place 50416
Pequot Lakes, MN population, income and ZIP codes
Quick answer
The population of the city of Pequot Lakes, Minnesota (Pequot Lakes, MN — Census place “Pequot Lakes city”) is 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. Looking for the Pequot Lakes Minnesota ZIP code list? 1 ZIP codes serve Pequot Lakes, MN: 56472.
- 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
Pequot Lakes ZIP codes (Minnesota)
Census ZCTAs whose delivery area overlaps Pequot Lakes.
The Pequot Lakes MN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
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
Pequot Lakes city, MN in context
How this area compares with national benchmarks.
Pequot Lakes city is a small town in Minnesota, with 2,236 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #247 of 914 ranked by population — larger than 73% of them. The median age here is 43 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.
Households in Pequot Lakes city earn a median of $66,974 a year, 14.7% below the national figure of $78,538 and 11% below the $75,469 median for the 361 Minnesota cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 5.5% of residents here, less than half the 12.4% national rate.
The typical owner-occupied home in Pequot Lakes city is valued at $246,400, 18.8% below the national figure and within a couple of points of the $240,400 peer median, while median gross rent runs $792 a month, 43.7% below the national figure, or roughly $9,504 across a full year. A household on the local median income would put about 14.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.7×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 66.8% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.
Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in Minnesota.
- Aitkin city 2,217
- Olivia city 2,243
- Springfield city 2,209
- Crosby city 2,253
- Cologne city 2,146
- Arlington city 2,298
- Maple Lake city 2,104
- Wells city 2,317
Keep going
More Minnesota coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Pequot Lakes city?
- Pequot Lakes city has 2,236 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #247 of 914 in Minnesota.
- What is the median household income in Pequot Lakes city?
- Median household income in Pequot Lakes city is $66,974 a year, 14.7% below the national figure of $78,538.
- How much does it cost to rent or buy in Pequot Lakes city?
- Median gross rent is $792 a month and the median home value is $246,400, so rent absorbs about 14.2% of median household income.
- Is Pequot Lakes city affordable compared with the rest of the US?
- Homes cost about 3.7× the local median income here versus roughly 3.9× nationally, so Pequot Lakes city is more affordable to buy in than the typical US market, and rent takes 14.2% of median income against the 30% cost-burden line.
- How current is this Pequot Lakes city data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.