Living in North Oaks, Minnesota
Cost of living, income, home prices, rent and demographics of North Oaks · Census data 2020–2024
North Oaks has 5,179 residents with a median age of 43.1. The median household income is $231,742 (160% higher than the Minnesota median), the median home value is $821,200, the median rent is $3,501/month.
North Oaks at a glance
- Population
- 5,179
- Median age
- 43.1State: 38.8
- Median household income
- $231,742State: $89,062
- Median home value
- $821,200State: $329,300
- Median rent
- $3,501/moState: $1,280
- Homeowners
- 88.2%
- Bachelor's degree or higher
- 74.7%
- Average commute
- 26 min
Is North Oaks a good place to live?
Pros: Median household income 160% higher than the Minnesota median; unemployment of 4%; a poverty rate of 5.1%.
Cons: Home values 149% higher than the state median; an average commute of 26 minutes.
The weather is best in June to September.
Cost of living in North Oaks
Housing is the biggest part of the cost of living. In North Oaks the median home value is $821,200, 147% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 51% of household income. Homeowners with a mortgage pay $3,913 a month in housing costs.
North Oaks median household income
The median household income in North Oaks is $231,742 and the income per person is $93,573. 5.1% of residents live below the poverty line (Minnesota: 9.3%).
Housing in North Oaks: homes for sale and rent
- Housing units
- 1,872
- Owner-occupied
- 88.2%
- Renter-occupied
- 11.8%
- Vacant
- 7.1%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.88
North Oaks demographics
- Population
- 5,179
- Median age
- 43.1
- Under 18
- 31.3%
- 65 and older
- 26.3%
- Households
- 1,740
- Foreign-born
- 8.2%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of North Oaks ›
Education in North Oaks
74.7% of adults 25 and older in North Oaks have a bachelor's degree or higher (Minnesota: 39.4%), and 40.1% have a graduate or professional degree.
Jobs and commute in North Oaks
- Unemployment rate
- 4%State: 4.1%
- Average commute
- 26 minState: 23 min
- Work from home
- 39.5%
- Drive alone
- 49.9%
- Public transit
- 0.4%
- Walk to work
- 0.3%
- Homes with broadband
- 89.1%
North Oaks vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| North Oaks | 5,179 | $231,742 | $821,200 | $3,501 |
| Shoreview | 26,714 | $108,370 | $383,700 | $1,661 |
| Circle Pines | 4,968 | $101,800 | $293,600 | $1,496 |
| Vadnais Heights | 12,838 | $98,685 | $363,100 | $1,455 |
| Arden Hills | 9,658 | $134,118 | $441,900 | $1,710 |
| Lino Lakes | 22,113 | $127,181 | $407,200 | $1,874 |
| Lexington | 2,770 | $75,347 | $289,800 | $1,573 |
| Gem Lake | 483 | $124,583 | $568,900 | $1,800 |
| Centerville | 3,935 | $122,541 | $376,900 | $1,398 |
More for people moving to North Oaks
North Oaks ZIP code ›Weather and climate ›Living in North Oaks: FAQ
What is the median household income in North Oaks, MN?
The median household income in North Oaks is $231,742, 160% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in North Oaks?
The median home value in North Oaks is $821,200, compared with $329,300 in Minnesota.
How much is rent in North Oaks?
The median gross rent in North Oaks is $3,501 per month, about 51% of household income.
Is North Oaks, MN a good place to live?
Pluses: median household income 160% higher than the Minnesota median; unemployment of 4%; a poverty rate of 5.1%. Minuses: home values 149% higher than the state median; an average commute of 26 minutes.
What is the median age in North Oaks?
The median age in North Oaks is 43.1 years (Minnesota: 38.8).
How long is the commute in North Oaks?
The average commute to work in North Oaks is 26 minutes; 39.5% of workers work from home.
What is the unemployment rate in North Oaks?
The unemployment rate in North Oaks is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is North Oaks?
74.7% of adults in North Oaks have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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