Pequot Lakes is a city located in Minnesota. With a 2020 population of 2,393, it is the 237th largest city in Minnesota and the 6969th largest city in the United States. Pequot Lakes is currently growing at a rate of 1.79% annually and its population has increased by 10.68% since the most recent census, which recorded a population of 2,162 in 2010. Spanning over 18 miles, Pequot Lakes has a population density of 146 people per square mile.
The average household income in Pequot Lakes is $57,544 with a poverty rate of 11.76%. The median rental costs in recent years comes to $689 per month, and the median house value is $157,900. The median age in Pequot Lakes is 36.8 years, 31 years for males, and 42 years for females. For every 100 females there are 98.1 males.
According to the most recent ACS, the racial composition of Pequot Lakes was:
| Race | Population | Percentage |
|---|---|---|
| White | 2,288 | 98.20% |
| Black or African American | 24 | 1.03% |
| Two or More Races | 8 | 0.34% |
| Asian | 5 | 0.21% |
| American Indian and Alaska Native | 5 | 0.21% |
| Type | Count | Average Size | Owned |
|---|---|---|---|
| All | 946 | 2.46 | 63.5 |
| Married | 444 | 3.25 | 81.8 |
| Non Family | 372 | 1.26 | 50.5 |
| Female | 93 | 3.35 | 24.7 |
| Male | 37 | 2.78 | 73 |
| Education Attained | Count | Percentage |
|---|---|---|
| Less Than 9th Grade | 19 | 1.28% |
| 9th to 12th Grade | 44 | 2.96% |
| High School Graduate | 432 | 29.07% |
| Some College | 385 | 25.91% |
| Associates Degree | 158 | 10.63% |
| Bachelors Degree | 292 | 19.65% |
| Graduate Degree | 156 | 10.50% |
| Name | Total | High School | Bachelors |
|---|---|---|---|
| White | 1,464 | 1,401 | 432 |
| Hispanic | 11 | 11 | 11 |
| Native American | 5 | 5 | |
| Asian | 5 | 5 | 5 |
| Black | 1 | 1 |
The highest rate of high school graduation is among black people with a rate of 100.00%.
The highest rate of bachelors degrees is among asian people with a rate of 100.00%.
98.27% of Pequot Lakes residents speak only English, while 1.73% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 0.79% of the population.
| Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 2,263 | 237 | 10.47% |
| Black | 24 | 24 | 100.00% |
| Multiple | 8 | 8 | 100.00% |
| Native | 5 | 5 | 100.00% |
11.76%
Overall Poverty Rate
9.01%
Male Poverty Rate
14.46%
Female Poverty Rate
The race most likely to be in poverty in Pequot Lakes is Black, with 100.00% below the poverty level.
The race least likely to be in poverty in Pequot Lakes is White, with 10.47% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0.00%. Among those working part-time, it was 12.52%, and for those that did not work, the poverty rate was 28.15%.
50.1%
Overall Marriage Rate
58.0%
Male Marriage Rate
43.6%
Female Marriage Rate
The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 35-44.
| Name | Veterans | % of Total |
|---|---|---|
| White | 97 | 5.78% |
0.00%
Veteran Poverty Rate
39.18%
Veteran Disability Rate
66.9%
Labor Force Participation
65.5%
Employment Rate
2%
Unemployment Rate
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
98.20%
Native Born
1.80%
Foreign Born
0.17%
Non Citizen
98.20% of Pequot Lakes residents were born in the United States, with 78.15% having been born in Minnesota. 0.17% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.
| Year | Population | Growth | Annual Growth Rate |
|---|---|---|---|
| 2020 | 2,393 | 42 | 1.79% |
| 2019 | 2,351 | 42 | 1.82% |
| 2018 | 2,309 | 13 | 0.57% |
| 2017 | 2,296 | 42 | 1.86% |
| 2016 | 2,254 | 19 | 0.85% |
| 2015 | 2,235 | 4 | 0.18% |
| 2014 | 2,231 | 8 | 0.36% |
| 2013 | 2,223 | 58 | 2.68% |
| 2012 | 2,165 | 3 | 0.14% |
| 2011 | 2,162 | -1 | -0.05% |
| 2010 | 2,163 | 0.00% |