Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Pequot Lakes, MN Population, Income & Demographics 2026

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

2,079

Median Agei

43.2

Race & Ethnicityi

White

94.7%1,969

Two or More

1.7%36

American Indian/Alaska Native

1.5%32

Hispanic/Latino

1.3%26

Black

0.4%8

Asian

0.4%8

Educational Attainment (Age 25+)i

GED/Alternative

0.5%7

High School Diploma

23.7%352

Some College (<1 yr)

9.3%139

Some College (1+ yr)

17.6%262

Associate's Degree

16.7%249

Bachelor's Degree

22%327

Master's Degree

7.2%107

Professional Degree

0.9%13

HS or Higher

97.8%

BA or Higher

30%

Graduate+

8.1%

Housingi

Median Home Valuei

$289,300

Median Renti

$847

Tenure

Owner-Occupied

65.1%598

Renter-Occupied

34.9%321

Total Units

1,362

Homeownership

65.1%

Vacancy Rate

32.5%

Home Values

Under $50K

1%6

$50K–$100K

1.7%10

$100K–$150K

5%30

$150K–$200K

14.4%86

$200K–$300K

30.4%182

$300K–$500K

26.8%160

$500K–$1M

19.6%117

$1M+

1.2%7

Rent Distribution

Under $500

$500–$750

$750–$1,000

192

$1,000–$1,250

$1,500–$2,000

$2,000+

Year Built

2020 or later

2%27

2010–2019

12.9%176

2000–2009

21.2%289

1990–1999

17.5%238

1980–1989

13.4%183

1970–1979

17.1%233

1960–1969

2.5%34

1950–1959

5.5%75

1940–1949

1.1%15

1939 or earlier

6.8%92

Heating Fuel

Utility Gas

57.6%529

Electricity

33.2%305

Bottled/LP Gas

6%55

Other

1.4%13

Wood

1.3%12

No Fuel

0.5%5

Economyi

Median Household Incomei

$63,699

Mean Household Incomei

$86,213

Per Capita Incomei

$38,602

Poverty Ratei

6.2%

Unemploymenti

10.4%

Labor Forcei

951

Household Income Distribution

Under $10K

2.5%23

$10K–$15K

6.6%61

$15K–$20K

4.5%41

$20K–$25K

1.5%14

$25K–$30K

2.6%24

$30K–$35K

3.5%32

$35K–$40K

6.9%63

$40K–$45K

1.1%10

$45K–$50K

10%92

$50K–$60K

8.3%76

$60K–$75K

7.9%73

$75K–$100K

15.5%142

$100K–$125K

10.1%93

$125K–$150K

6.1%56

$150K–$200K

4.8%44

$200K+

8.2%75

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

Residentsi

Avg. Tenant Renti

$392/mo

Avg. Waitlisti

2 months

Programs in this community

Public Housing24 homes96% occupied$392/mo rent

Government-owned housing managed by local housing authorities

Housing Choice Vouchers3 homes

Rental vouchers (Section 8) that help tenants pay for private-market housing

Project Based Section 836 homes89% occupied$392/mo rent

Privately owned apartments with rent subsidies tied to the building

Household Incomei

Based on area median of $63,699/yr

Extremely low incomeUnder $19K/yr

77.6%

Very low income$19K–$32K/yr

17.2%

Low income$32K–$51K/yr

3.6%

Moderate / aboveOver $51K/yr

1.6%

Who Receives This Housing

67% of subsidized households are headed by a single mother

0% of subsidized households are minority

30.6% of subsidized households include someone with a disability

51% of subsidized households include a senior (62+)

Ancestry & Heritage

Self-reported ancestry groups. Residents may report multiple ancestries, so totals may exceed 100%.

Foreign-Born Populationi

Foreign-Borni

150.7%

By Region

Top Countries

Guatemala

Canada

Mexico

Commute & Transportationi

Workersi

847

Avg. Commutei

22.4 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

852

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

187(11.7% of civilian adults)

Health Insurancei

95.1%Insured

4.9%Uninsured