Oakdale, MN
Population 28,109 · Minnesota
About Oakdale, MN
Oakdale is a mid-sized city located in Minnesota with a population of 28,109 residents according to the latest US Census Bureau American Community Survey data. The median household income is $90,379 per year, which is 20% above the national median of $75,149. The median age of 41.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oakdale features a median home value of $305,900, which is 25% above the national median of $244,900. This positions Oakdale in a moderately priced market relative to the rest of the country. Median monthly rent is $1,452, 25% above the national average of $1,163/month. Of the 11,744 total housing units, 77% are owner-occupied (8,907 units) and 23% are renter-occupied (2,606 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakdale shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 6.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakdale have an average one-way commute time of 23.6 minutes.
Education & Demographics
33.6% of Oakdale 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 3.4% White, 2.3% Hispanic or Latino, 0.3% Black or African American, and 1.1% Asian residents, with 10.9% of the population being foreign-born.
How Oakdale Ranks in Minnesota
Cost of Living in Oakdale, MN
Compared to national averages, Oakdale has a median household income of $90,379 (20% above the national median of $75,149). Home values average $305,900, which is 25% above the national median. Monthly rent at $1,452 is 25% above the US average of $1,163. Within Minnesota, Oakdale's income is 22% above the state average of $74,221, and home values are 50% above the state median of $204,472.
Why Live in Oakdale, MN?
Oakdale offers a strong local economy with a median household income of $90,379, well above the national average, and a low poverty rate of 6.0%, better than the national average, and short commute times averaging just 23.6 minutes.
Oakdale has a population of 28,109 with a median age of 41.3 years. Compare Oakdale with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Oakdale
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chaska | 28,146 | $110,000 | $379,400 | Compare |
| Ramsey | 28,070 | $112,060 | $345,000 | Compare |
| Prior Lake | 27,832 | $130,278 | $429,900 | Compare |
| Shoreview | 26,724 | $109,399 | $365,100 | Compare |
| Rosemount | 26,509 | $127,247 | $406,100 | Compare |
| Owatonna | 26,462 | $81,276 | $234,600 | Compare |
| Elk River | 26,367 | $99,457 | $338,300 | Compare |
| Fridley | 29,944 | $79,274 | $277,100 | 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.
Compare Oakdale With Other Cities
Frequently Asked Questions about Oakdale
What is the population of Oakdale, MN?
The population of Oakdale, MN is 28,109 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Minnesota.
What is the median household income in Oakdale?
The median household income in Oakdale, MN is $90,379 per year, which is 20% above the national median of $75,149.
What is the median home value in Oakdale?
The median home value in Oakdale, MN is $305,900, which is 25% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakdale?
The median monthly rent in Oakdale, MN is $1,452, which is 25% above the national average of $1,163/month.
What is the unemployment rate in Oakdale?
The unemployment rate in Oakdale, MN is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oakdale, MN a good place to live?
Oakdale offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 28,109 and a median age of 41.3, the city appeals to a broad range of residents.
How educated is Oakdale, MN?
33.6% of residents in Oakdale 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 Oakdale?
Key cost-of-living indicators for Oakdale, MN: median home value is $305,900 (25% above national), median rent is $1,452/month, and median household income is $90,379. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakdale?
The poverty rate in Oakdale, MN is 6.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oakdale, MN?
Oakdale's population is 3.4% White, 2.3% Hispanic or Latino, 0.3% Black or African American, 1.1% Asian, and 8.6% two or more races. 10.9% of residents are foreign-born.