Is Pequot Lakes, MN a Good Place to Live?
Pequot Lakes is a small town of 2,135 in Minnesota, with a median household income of $73,125 and a 8.3% unemployment rate. Its cost of living index is 95 (US average = 100), which is 5% below the national average.
Strengths: Pequot Lakes stands out for an affordable cost of living, below-average home prices, solid school ratings (B+), short average commutes.
Trade-offs: Potential downsides include an elevated unemployment rate. Whether Pequot Lakes is right for you depends on your priorities — the full breakdown is below.
All Pequot Lakes city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 95.3Pequot Lakes's overall cost of living index is 95.3, where 100 represents the US national average. Living in Pequot Lakes costs roughly 5% less than the average American city.
| Metric | Pequot Lakes, MN | National Avg |
|---|---|---|
| Median Home Value | $230,300 | $244,900 |
| Median Monthly Rent | $749 | $1,163 |
| Homeownership Rate | 66.7% | 65.9% |
| Median Household Income | $73,125 | $74,755 |
Crime & Safety
Very SafePequot Lakes's violent crime rate is 166.0 per 100,000 residents — 56% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Pequot Lakes is served primarily by PEQUOT LAKES PUBLIC SCHOOLS. The student-to-teacher ratio is 15.3:1 (better than the national average of ~16:1).
| Metric | Pequot Lakes, MN | National Avg |
|---|---|---|
| School District | PEQUOT LAKES PUBLIC SCHOOLS | — |
| Elementary Schools | 1 | — |
| Middle Schools | 1 | — |
| High Schools | 1 | — |
| Student/Teacher Ratio | 15.3:1 | 16:1 |
| Bachelor's Degree or Higher | 34.9% | 35.4% |
| High School Diploma or Higher | 97.1% | 91.1% |
Weather & Climate
Pequot Lakes sees average highs of 18.9°F in January and 79.7°F in July, with 28.8 inches of annual precipitation and 39.2 inches of snow per year.
| Metric | Pequot Lakes, MN |
|---|---|
| Average High — January | 18.9°F |
| Average High — July | 79.7°F |
| Annual Precipitation | 28.8" |
| Annual Snowfall | 39.2" |
Demographics
| Metric | Pequot Lakes, MN | National Avg |
|---|---|---|
| Population | 2,135 | — |
| Median Age | 40.5 | 38.9 |
| Unemployment Rate | 8.3% | 3.7% |
| Avg Commute Time | 19.2 min | 26 min |
| White (non-Hispanic) | 95.5% | 59.3% |
| Black or African American | 0.6% | 13.6% |
| Hispanic or Latino | 0.0% | 18.9% |
| Asian | 0.6% | 6.3% |
| Under 18 | 24.8% | 22.2% |
| 65 and over | 24.2% | 16.8% |
Nearby Cities
ZIP Codes in Pequot Lakes
Pequot Lakes, MN is covered by 1 ZIP code: