This data is based on ZIP codes 56468, 56472, which covers Pequot Lakes and Breezy Point and Crosslake and Jenkins and Lake Shore and Nisswa.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 56468, 56472 area shared across these towns.
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Pequot Lakes ZIP Area Economy · 2022
Wages -5% vs. avg. Crow Wing Co. town
Pequot Lakes's ZIP area supports 3,988 jobs across 512 businesses, with workers earning an average of $46K per year, 5% below the Crow Wing County average. The economy is well-diversified (0.92 index), led by construction and retail trade. 93.2% of businesses have fewer than 20 employees, and each business employs an average of 7.8 people. Jobs grew 16% from the prior year while business count grew 3.6%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Crow Wing Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
512 businesses by employee count. 93.2% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Economic Densityi
1.92
jobs per resident
7.8
employees per business
County avg: 11.5-32%
$88K
payroll per resident
$358K
payroll per business
Pequot Lakes ZIP Area vs. Avg. Crow Wing Co. Towni
All Industries in ZIP Areai
| Sector | Pequot Lakes ZIP | Avg. Crow Wing Co. | Spec. |
|---|---|---|---|
| Construction | 89 | 51 | 1.2x |
| Retail Trade | 81 | 58 | 1.0x |
| Other Services | 46 | 36 | 0.9x |
| Professional Services | 45 | 24 | 1.3x |
| Food & Accommodation | 45 | 36 | 0.9x |
| Admin Services | 41 | 21 | 1.4x |
| Healthcare | 35 | 39 | 0.6x |
| Real Estate | 32 | 19 | 1.2x |
| Manufacturing | 20 | 19 | 0.7x |
| Finance & Insurance | 20 | 17 | 0.8x |
| Arts & Entertainment | 18 | 9 | 1.4x |
| Wholesale Trade | 14 | 11 | 0.9x |
| Information | 11 | 7 | 1.1x |
| Transportation | 7 | 7 | 0.7x |