Pequot Lakes is a very small city located in the state of Minnesota. With a population of 2,464 people and three associated neighborhoods, Pequot Lakes is the 287th largest community in Minnesota.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.52% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

The overall crime rate in Pequot Lakes is one of the lowest in the US. This makes it one of the safer places to live in the country in terms of crime.

The population of Pequot Lakes is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 34.93% of adults in Pequot Lakes have a bachelor's degree or even advanced degree.

The per capita income in Pequot Lakes in 2022 was $36,174, which is middle income relative to Minnesota, and upper middle income relative to the rest of the US. This equates to an annual income of $144,696 for a family of four. However, Pequot Lakes contains both very wealthy and poor people as well.

The people who call Pequot Lakes home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Pequot Lakes residents report their race to be White, followed by Native American. Important ancestries of people in Pequot Lakes include German, Norwegian, Irish, English, and Czech.

The most common language spoken in Pequot Lakes is English. Other important languages spoken here include Polish and Italian.