North Oaks, MN Profile: Facts & Data

North Oaks, Minnesota - Basic Facts

The City of North Oaks had a population of 5,382 as of July 1, 2024.

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 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.

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North Oaks, MN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	5,382 (100%)
Population in Households	5,340 (99.2%)
Population in Families	4,859 (90.3%)
Population in Group Quarters¹	42 ( 0.8%)
Population Density	779
Diversity Index²	31


INCOME
Median Household Income	$200,001
Average Household Income	$273,478
% of Income for Mortgage⁴	22%
Per Capita Income	$101,234
Wealth Index⁵	304
Socioeconomic Status Index⁶	High (69.7)

HOUSING
Total HU (Housing Units)	2,126 (100%)
Owner Occupied HU	1,693 (79.6%)
Renter Occupied HU	299 (14.1%)
Vacant Housing Units	134 ( 6.3%)
Median Home Value	$700,585
Average Home Value	$793,532
Housing Affordability Index³	107

HOUSEHOLDS
Total Households	1,992
Average Household Size	2.68
Family Households	1,588
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

2,126 (100%)

Owner Occupied HU

1,693 (79.6%)

Renter Occupied HU

299 (14.1%)

Vacant Housing Units

134 ( 6.3%)

Median Home Value

$700,585

Average Home Value

$793,532

Housing Affordability Index³

107

HOUSEHOLDS

Total Households

1,992

Average Household Size

2.68

Family Households

1,588

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.49%	0.37%
Households	0.24%	0.21%
Families		0.16%
Median Household Income		0.00%
Per Capita Income		2.04%
Owner Occupied HU		0.22%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.49%

0.37%

Households

0.24%

0.21%

Families

0.16%

Median Household Income

0.00%

Per Capita Income

2.04%

Owner Occupied HU

0.22%

North Oaks, MN - Peer Comparisons by Rank and Percentile

The table below compares North Oaks to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2024 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	# 145	84th
Population Density	# 368	60th
Median Household Income	# 3	100th
Housing Affordability Index	# 501	55th
Per Capita Income	# 6	99th
Diversity Index	# 255	72nd

Variable Description

Rank

Percentile

Total Population

# 145

84th

Population Density

# 368

60th

Median Household Income

# 3

100th

Housing Affordability Index

# 501

55th

Per Capita Income

# 6

99th

Diversity Index

# 255

72nd

Minnesota Census Data Comparison Tool

North Oaks, MN Profile: Facts & Data

North Oaks, Minnesota - Basic Facts

North Oaks, MN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

North Oaks, MN - Peer Comparisons by Rank and Percentile

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