North Oaks, MN Profile: Facts & Data

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North Oaks, Minnesota - Basic Facts

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The City of North Oaks had a population of 5,018 as of July 1, 2021.

The primary coordinate point for North Oaks is located at latitude 45.1027 and longitude -93.0791 in Ramsey County. The formal boundaries for the City of North Oaks encompass a land area of 6.92 sq. miles and a water area of 1.71 sq. miles. Ramsey County is in the Central time zone (GMT -6). The elevation is 942 feet.

The City of North Oaks has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for North Oaks: City of North Oaks.

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  1. North Oaks 2021 Demographic Data
  2. Growth Rates for North Oaks (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2021 Demographics
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North Oaks, MN Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 5,018 (100%)
Population in Households 4,907 (97.8%)
Population in Families 4,372 (87.1%)
Population in Group Quarters1 111 ( 2.2%)
Population Density 726
Diversity Index2 23
 
 

INCOME

Median Household Income $138,467
Average Household Income $223,030
% of Income for Mortgage4 19%
Per Capita Income $89,379
Wealth Index5 360
 

HOUSING

Total HU (Housing Units) 2,091 (100%)
Owner Occupied HU 1,734 (82.9%)
Renter Occupied HU 260 (12.4%)
Vacant Housing Units 97 ( 4.6%)
Median Home Value $618,493
Average Home Value $658,468
Housing Affordability Index3 122
 

HOUSEHOLDS

Total Households 1,994
Average Household Size 2.46
Family Households 1,549
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 1.04% 0.77%
Households 1.19% 0.78%
Families 1.05% 0.75%
Median Household Income   1.45%
Per Capita Income   1.81%
Owner Occupied HU   0.96%

North Oaks, MN - Peer Comparisons by Rank and Percentile

The table below compares North Oaks to the other 903 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 150 83rd
Population Density # 398 56th
Median Household Income # 12 99th
Housing Affordability Index # 177 20th
Per Capita Income # 4 100th
Diversity Index # 280 69th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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