Pequot Lakes is a very small city located in the state of Minnesota. With a population of 2,440 people and three associated neighborhoods, Pequot Lakes is the 287th largest community in Minnesota.

A relatively large number of people in Pequot Lakes telecommute to their jobs. Overall, about 21.52% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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 citizens of Pequot Lakes are very well educated compared to the average community in the nation: 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.