HomeMinnesotaCrow Wing CountyPequot Lakes city
Pequot Lakes city, Minnesota: commercial real estate data.
Pequot Lakes city is a Census city of 2,079 people across 16.36 square miles of land, in Crow Wing County. Median household income is $63,699, 65.1 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $1.5 m.
76 sourced place values · tier FULL · 8 sections
Pequot Lakes
What Pequot Lakes is
- Census place typecity
- Land area16.36 sq mi
- Water area1.8 sq mi
- Population per square mile of land127
- County holding the largest share of its areaCrow Wing County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pequot Lakes
How many people live in Pequot Lakes
- Population2,079
- Median age43.2 plus or minus 10.5
- Population under 18485 plus or minus 129
- Share under 1823.3 percent plus or minus 4.8
- Population 65 and over519 plus or minus 125
- Share 65 and over25.0 percent
- Households919
- Family households492 plus or minus 104
- Share of households that are families53.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pequot Lakes
Income and work in Pequot Lakes
- Median household income$63,699
- Per capita income$38,602
- Civilian labor force951
- Employed852
- Unemployed99 plus or minus 63
- Unemployment rate10.4 percent plus or minus 6.3
- Adults 25 and over1,488
- Adults 25 and over with a high school diploma or higher97.8 percent
- Adults 25 and over with a bachelor degree or higher30.0 percent plus or minus 7.6
- Adults 25 and over with a graduate degree8.1 percent plus or minus 3.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pequot Lakes
Housing in Pequot Lakes
- Housing units1,362
- Occupied units919
- Vacant units443 plus or minus 125
- Vacancy rate32.5 percent plus or minus 8.4
- Owner occupied598
- Renter occupied321 plus or minus 94
- Ownership rate65.1 percent
- Median owner-occupied home value$289,300
- Median gross rent, monthly$847
- Annual rent as a share of median income16.0 percent
- Single family units971
- Share single family71.3 percent
- Units in buildings of two or more378 plus or minus 95
- Share in buildings of two or more27.8 percent plus or minus 6.2
- Mobile homes13 plus or minus 14
- Median year structure built1992
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pequot Lakes
How Pequot Lakes gets to work
- Workers 16 and over who commute693 plus or minus 143
- Commuting under 15 minutes160 plus or minus 52
- Share commuting under 15 minutes23.1 percent plus or minus 5.7
- Commuting 30 minutes or more210 plus or minus 80
- Share commuting 30 minutes or more30.3 percent plus or minus 9.8
- Drove alone71.8 percent
- Carpooled8.0 percent plus or minus 5.3
- Public transport0.0 percent
- Walked2.0 percent plus or minus 2.4
- Worked from home18.2 percent plus or minus 7.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pequot Lakes
SBA 7(a) lending to Pequot Lakes borrowers
- Approvals14
- Gross approval$1,521,200
- Average approval$108,657
- Median approval$53,800
- Ninetieth percentile approval$350,000
- Largest approval$392,800
- Jobs supported82
- Jobs per approval5.9
- Loans with a final outcome7
- Paid in full7
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises0.0 percent
- Distinct lenders7
- Distinct industries by NAICS13
A charge-off rate is not published here. only 7 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Pequot Lakes
SBA 504 lending to Pequot Lakes borrowers
- Approvals21
- Gross approval$21,414,000
- Average approval$1,019,714
- Median approval$402,000
- Largest approval$5,500,000
- Jobs supported162
- Loans with a final outcome6
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Crow Wing County, not Pequot Lakes
Crow Wing County context, not Pequot Lakes figures
These are Crow Wing County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Pequot Lakes measurements.
- Establishments in Crow Wing County2,283
- Employment at those establishments, Crow Wing County28,209
- Covered employment, Crow Wing County31,053
- Average annual pay, Crow Wing County$53,044
- Average weekly wage, Crow Wing County$1,020
- Housing units permitted, Crow Wing County431
- Of those, single family, Crow Wing County419
- County product, 2024, Crow Wing County$4,043,802,000
- County product change over the prior year, Crow Wing County5.5 percent
- Average income of an arriving household, Crow Wing County$119,837
Every figure in this section is published for Crow Wing County as a whole and is not a measurement of Pequot Lakes. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Pequot Lakes questions, answered from the record.
How many people live in Pequot Lakes, Minnesota?
2,079, in 919 households. Pequot Lakes city covers 16.36 square miles of land, which is 127 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Pequot Lakes in?
Crow Wing County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Pequot Lakes?
$63,699. The median owner-occupied home is valued at $289,300. Median gross rent is $847 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Pequot Lakes businesses?
14 7(a) approvals totalling $1.5 m, across 7 lenders, median approval $53,800, plus 21 504 approvals worth $21.4 m. These count approvals to borrowers whose address is in Pequot Lakes, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Pequot Lakes borrowers get paid back?
No rate is published for Pequot Lakes. only 7 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Pequot Lakes figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Crow Wing County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Pequot Lakes.
Is zoning published for Pequot Lakes?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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