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ZipNumbers

Minnesota · Census place 47104

North Oaks city, MN

Quick answer

North Oaks city has 5,175 residents, ranking #145 of 914 places in Minnesota. Median household income is $235,858, the median home is worth $756,300 and median gross rent runs $2,932 a month.

Population
5,175North Oaks city residents
Median household income
$235,858Past 12 months, inflation adjusted
Median home value
$756,300Owner-occupied units
Median gross rent
$2,932Rent plus utilities, monthly
Median age
43.6 yrsAll residents
Homeownership rate
85.4%Owner-occupied households

What the numbers mean in North Oaks city

Housing cost measured against local earnings.

A household earning the North Oaks city median would spend about 14.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.5% of residents and 85.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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