McGregor (2008 pop. est. 378) is in the Big Sandy Lake/Lake Minnewawa area of Aitkin County at the intersection of Highways 65 and 210. Primary industries include tourism, wood products, education and health care. It is an ideal location for growth-oriented companies that require highway transportation and families desiring a small-town quality of life.

The city offers a newly expanded K-12 school, a growing medical services district and many trails, lakes and public lands. It is in close proximity to a national wildlife refuge and a state park.