Living in North Oaks, MN

What's it like Living in North Oaks?

North Oaks, Minnesota is a small-sized city with a population of 5,244 residents. The majority of North Oaks residents report their race to be White; this is followed by Asian and Black. Based on an average age of 49, North Oaks appears to be well-suited for seniors or retirees as the average age is well above the national average. 81% of the people in North Oaks (over the age of 15) are married and 44% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in North Oaks, your commute time will align closely with the national average, spanning a one-way duration of approximately 28 minutes.

Are you trying to ascertain if living in North Oaks is the right fit for your lifestyle? To ensure a fulfilling experience before moving to any new city in Minnesota, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like amenities, cost of living, health & safety, employment, housing and other key data points, finding the best places to live in North Oaks and in the areas around North Oaks is a much easier task.

Using data and statistics North Oaks has received a livability score of 67 out of 100. This score is ranked in the 68th percentile when compared to all other cities. If we dig a little deeper into each category within the livability score, we see that North Oaks has higher than average scores for the following: crime (A+), education (A+) and housing (A+). There are some categories that North Oaks ranks poorly for, including: amenities (F) and cost of living (F). It might be worth taking a closer look to find out why.

Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In North Oaks, the unemployment rate stands at 0.34%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.

Test scores can be a good way to measure a school's academic performance and the proficiency of its students. They can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in North Oaks have an average test score of 77%, which is well above the US average.

Finding affordable real estate and housing in North Oaks can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to North Oaks is real estate affordability. Median real estate prices in North Oaks come in at $672,600, which is 251.2% higher than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In North Oaks, the home price to income ratio is 3.2, which is 6.7% higher than the Minnesota average.

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