Oak Grove, MN
Population 9,031 · Minnesota
About Oak Grove, MN
Oak Grove is a small town located in Minnesota with a population of 9,031 residents according to the latest US Census Bureau American Community Survey data. The median household income is $114,679 per year, which is 53% above the national median of $75,149. The median age of 44.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Oak Grove features a median home value of $394,100, which is 61% above the national median of $244,900. This places Oak Grove in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,052, 76% above the national average of $1,163/month. Of the 3,268 total housing units, 94% are owner-occupied (2,992 units) and 6% are renter-occupied (184 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oak Grove shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oak Grove have an average one-way commute time of 36.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
25.7% of Oak Grove residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.7% White, 0.4% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 1.6% of the population being foreign-born.
Cost of Living in Oak Grove, MN
Compared to national averages, Oak Grove has a median household income of $114,679 (53% above the national median of $75,149). Home values average $394,100, which is 61% above the national median. Monthly rent at $2,052 is 76% above the US average of $1,163. Within Minnesota, Oak Grove's income is 55% above the state average of $74,221, and home values are 93% above the state median of $204,472.
Why Live in Oak Grove, MN?
Oak Grove offers a strong local economy with a median household income of $114,679, well above the national average, and a strong job market with an unemployment rate of just 3.3%, and a low poverty rate of 1.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $394,100. However, Oak Grove’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oak Grove has a population of 9,031 with a median age of 44.5 years. Compare Oak Grove with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Oak Grove
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| East Grand Forks | 9,067 | $74,618 | $243,800 | Compare |
| Little Falls | 9,094 | $46,284 | $198,100 | Compare |
| Mound | 9,176 | $91,370 | $348,600 | Compare |
| Waseca | 9,209 | $61,546 | $185,600 | Compare |
| Thief River Falls | 8,841 | $65,244 | $169,300 | Compare |
| Baxter | 8,804 | $71,272 | $298,400 | Compare |
| St. Anthony city (Hennepin and Ramsey Counties), Minnesota | 9,516 | $97,784 | $365,700 | Compare |
| Minnetrista | 8,509 | $156,346 | $624,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Oak Grove
What is the population of Oak Grove, MN?
The population of Oak Grove, MN is 9,031 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Minnesota.
What is the median household income in Oak Grove?
The median household income in Oak Grove, MN is $114,679 per year, which is 53% above the national median of $75,149.
What is the median home value in Oak Grove?
The median home value in Oak Grove, MN is $394,100, which is 61% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oak Grove?
The median monthly rent in Oak Grove, MN is $2,052, which is 76% above the national average of $1,163/month.
What is the unemployment rate in Oak Grove?
The unemployment rate in Oak Grove, MN is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oak Grove, MN a good place to live?
Oak Grove offers above-average incomes, a competitive housing market, and a strong job market. With a population of 9,031 and a median age of 44.5, the city appeals to a broad range of residents.
How educated is Oak Grove, MN?
25.7% of residents in Oak Grove aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Oak Grove?
Key cost-of-living indicators for Oak Grove, MN: median home value is $394,100 (61% above national), median rent is $2,052/month, and median household income is $114,679. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oak Grove?
The poverty rate in Oak Grove, MN is 1.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oak Grove, MN?
Oak Grove's population is 0.7% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 0.5% two or more races. 1.6% of residents are foreign-born.