Pequot Lakes, Minnesota
City in Crow Wing County · population 2,395 (2020 Census)
- Median home
- $289,300
- Household income
- $63,699
- Jan low / Jul high
- -1° / 80°
- Snow a year
- 42 in
- Tornadoes ≤10 mi since 1950
- 13
- Median age
- 43.2
Pequot Lakes is a city of 2,395 people in Crow Wing County, Minnesota. The median home is worth $289,300, close to the typical Minnesota town ($301,800). It ranks better for a vacation home than 96% of Minnesota towns, better for retirees than 91% of Minnesota towns, better for young professionals than 89% of Minnesota towns.
How Pequot Lakes ranks
Percentile among Minnesota towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Minnesota towns.
Homes and cost of living
The median home in Pequot Lakes is worth $289,300, close to the typical Minnesota town ($301,800). Homes cost about 4.5 times the median household income of $63,699, which is more affordable than 10% of Minnesota towns. Median rent is $847 a month. 65.1% of households own their home.
| Housing | Pequot Lakes | Typical Minnesota town |
|---|---|---|
| Median home value | $289,300 | $301,800 |
| Median rent | $847 | $991 |
| Median household income | $63,699 | $87,375 |
| Home value ÷ income | 4.5× | 3.4× |
| Homeownership | 65.1% | 88.6% |
| Median year built | 1992 | 1979 |
| Seasonal / vacation homes | 27.0% | — |
Who lives in Pequot Lakes
| People | Pequot Lakes | Typical Minnesota town |
|---|---|---|
| Median age | 43.2 | 42.7 |
| Age 65 and over | 25.0% | 20.0% |
| Under 18 | 23.3% | — |
| Bachelor's degree or higher | 30.0% | 26.2% |
| Below the poverty line | 6.6% | 6.9% |
| Veterans | 11.7% | — |
| Born outside the U.S. | 0.7% | — |
| Work from home | 18.2% | 11.1% |
| Average commute | 22.4 min | 24.5 min |
| Homes with broadband | 89.8% | 90.2% |
Weather in Pequot Lakes
July highs average 79.7°F and January lows -0.8°F. About 28.8 inches of rain and melted snow fall a year, with 41.5 inches of snow (typical Minnesota town: 47.0 in). Expect about 4 days a year at 90°F or hotter and 178 nights at or below freezing.
Tornadoes, storms and disasters
13 tornadoes have passed within 10 miles of Pequot Lakes since 1950, compared with 14 for the typical Minnesota town. 7 rated (E)F2 or stronger. The strongest, an F4, struck on June 11, 1966 about 4.9 miles from the town center. The most recent was on June 16, 2025.
Hail of 1 inch or larger has been reported within 10 miles 49 times; the largest was 4.00 inches on June 19, 2016.
Severe weather in Crow Wing County since 1996
Crow Wing County has been included in 13 federal disaster or emergency declarations since 1953, most often for fire, flood, drought.
| Declared | Incident | Declaration |
|---|---|---|
| August 9, 2022 | Severe Storm | DR-4666: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
| April 7, 2020 | Biological | DR-4531: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3453: Covid-19 |
| July 6, 2012 | Severe Storm | DR-4069: Severe Storms And Flooding |
| September 13, 2005 | Hurricane | EM-3242: Hurricane Katrina Evacuation |
Jobs and pay in Crow Wing County
Crow Wing County had 31,053 jobs in 2024, paying an average of $53,044 a year. Unemployment was 3.4% in 2023; in Pequot Lakes itself the ACS puts it at 10.4%.
Public schools in Pequot Lakes
2 public schools with 1,219 students, about 17.7 students per teacher.
| School | Grades | Students | Per teacher |
|---|---|---|---|
| PEQUOT LAKES SENIOR HIGH | 9-12 | 639 | 17.3 |
| PEQUOT LAKES MIDDLE | 5-8 | 580 | 18.1 |
Towns near Pequot Lakes
- Loon Lake, MN3.7 mi · 626 people · home $371,300
- Breezy Point, MN4.1 mi · 2,574 people · home $340,800
- Pelican, MN4.7 mi · 501 people · home $458,300
- Nisswa, MN6.1 mi · 1,967 people · home $481,200
- Lake Shore, MN6.9 mi · 1,056 people · home $513,200
- Ideal, MN7.2 mi · 1,210 people · home $461,300
- Lake Edward, MN7.5 mi · 2,108 people · home $386,400
- Wilson, MN8.4 mi · 667 people · home $223,100
Pequot Lakes questions
Is Pequot Lakes, Minnesota a good place to retire?
On The Town Files lifestyle rankings, Pequot Lakes scores better for retirees than 91% of Minnesota towns and quieter than 20%. 25.0% of residents are 65 or older (median age 43.2).
How much does a house cost in Pequot Lakes?
The median owner-occupied home in Pequot Lakes is valued at $289,300 (Census ACS 2020–2024), against a median household income of $63,699, so homes cost about 4.5 times income. Median rent is $847 a month.
What is the weather like in Pequot Lakes?
July highs average 79.7°F and January lows -0.8°F (NOAA 1991–2020 normals). It gets about 28.8 inches of precipitation a year and 41.5 inches of snow.
Does Pequot Lakes get tornadoes?
13 tornadoes have passed within 10 miles of Pequot Lakes since 1950 (NOAA Storm Events); the strongest was a F4 on June 11, 1966. The typical Minnesota town has had 14.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)