What is the median home price in North Oaks?

The median home price in North Oaks, North Oaks city, Minnesota is $714,600, which is 153% above the national average of 281,900 ($281,900).

North Oaks, North Oaks city, Minnesota has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.7 per 1,000 residents.

What is the median household income in North Oaks?

The median household income in North Oaks, North Oaks city, Minnesota is $235,714, which is 216% above the national average of 74,580 ($74,580).

What is the average rent in North Oaks?

The median rent in North Oaks, North Oaks city, Minnesota is $2,112 per month. The national average median rent is $1,163/month.

What is the population of North Oaks?

The population of North Oaks, North Oaks city, Minnesota is approximately 5,193. The homeownership rate is 83.6% (national average: 65.9%).

What is the unemployment rate in North Oaks?

The unemployment rate in North Oaks, North Oaks city, Minnesota is 5.1%. The national average unemployment rate is 3.7%. The poverty rate is 3.6% (national average: 12.4%).

North Oaks

North Oaks city, Minnesota

Family-Friendly

About North Oaks

Nestled in the heart of Minnesota, North Oaks offers a unique blend of tranquility and affluence, making it a highly sought-after enclave for those seeking an elevated quality of life. Unlike the national median, which hovers around $350,000, the median home value here is a cool $714,600, reflecting the area's upscale nature. But don't let that sticker shock you; the investment is well worth it. With a population just over 5,000, North Oaks cultivates a strong sense of community, perfect for families looking to settle down. The atmosphere is undeniably family-friendly, where manicured lawns meet winding roads, creating a picturesque backdrop for everyday living.

From an investment perspective, North Oaks presents a compelling case. The median household income of $235,714 is a testament to the area's economic stability and prosperity, far exceeding the national median of approximately $75,000. While I don't have unemployment data, I can confidently say that the robust local economy and high incomes contribute to the overall safety and security that residents enjoy. North Oaks is ideal for families and individuals who value privacy, safety, and a strong sense of community. If you're looking for a place to put down roots and build a future, this charming Minnesota gem should be at the top of your list.

North Oaks, Minnesota at a Glance

North Oaks is a city in North Oaks city, Minnesota with a population of approximately 5,193. The median home value is $714,600 and the median household income is $235,714.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $2,112 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.