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Oak Grove, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
9,130
Population
$117,696
Median Income
$423,300
Home Value
44.5
Median Age

Demographics

Oak Grove has a population of 9,130 with a median age of 44.5. Here is the racial and ethnic breakdown of the population:

White
90.2%
Asian
5.8%
Other
2.5%
Hispanic
1.0%
Demographic Value
Total Population9,130
Median Age44.5
White90.2%
Black or African American0.5%
Asian5.8%
Hispanic or Latino1.0%
Other / Two or More Races2.5%
Oak Grove, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 90.2%Asian: 5.8%Other: 2.5%Other: 1.5%9,130PopulationWhiteWhite90.2%AsianAsian5.8%OtherOther2.5%OtherOther1.5%

Income & Economy

The median household income in Oak Grove is $117,696, which is 46.0% above the national median of $80,610. The per capita income is $47,703. The poverty rate is 1.7%.

$117,696
Median Household Income
$47,703
Per Capita Income
1.7%
Poverty Rate

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Education

In Oak Grove, 97.4% of residents age 25+ have a high school diploma or higher, and 27.0% hold a bachelor's degree or higher (9.5% with a graduate or professional degree).

HS Diploma+
97.4%
Bachelor's+
27.0%
Graduate+
9.5%
Education Level % of Adults (25+)
High School Diploma or Higher97.4%
Bachelor's Degree or Higher27.0%
Graduate or Professional Degree9.5%

Housing

The median home value in Oak Grove is $423,300, above the national median of $303,400. The median monthly rent is $2,042. The homeownership rate is 94.2%.

$423,300
Median Home Value
$2,042/mo
Median Rent
94.2%
Homeownership Rate
Housing Metric Value
Median Home Value$423,300
Median Monthly Rent$2,042
Homeownership Rate94.2%
Vacancy Rate4.4%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Oak Grove, Minnesota?
The population of Oak Grove, Minnesota is 9,130 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Oak Grove, Minnesota?
The median household income in Oak Grove, Minnesota is $117,696. This is 46.0% above the national median of $80,610.
What is the median home value in Oak Grove, Minnesota?
The median home value in Oak Grove, Minnesota is $423,300. The median monthly rent is $2,042.
What percentage of people in Oak Grove have a college degree?
In Oak Grove, Minnesota, 27.0% of adults age 25 and older hold a bachelor's degree or higher, and 97.4% have a high school diploma or higher.
Is Oak Grove, Minnesota an affordable place to live?
The home price-to-income ratio in Oak Grove, Minnesota is 3.6x (median home value $423,300 vs. median income $117,696), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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