The labor pool participation rate in North Oaks is 55.9%, with an unemployment rate of 0.7%. For those located in the labor force, the common commute time is 27 minutes. 37.9% of North Oaks’s residents have a grad degree, and 36.6% have earned a bachelors degree. For people without a college degree, 15.8% have some college, 8.5% have a high school diploma, and only 1.2% possess an education not as much as twelfth grade. 0.4% are not covered by health insurance.
The average household size in North Oaks, MN is 2.88 family members, with 77% being the owner of their very own houses. The average home appraisal is $639902. For those people leasing, they pay out on average $2614 monthly. 54.1% of homes have two incomes, and a typical domestic income of $178816. Median individual income is $63487. 2.7% of citizens live at or below the poverty line, and 13.4% are handicapped. 6.5% of residents of the town are ex-members of the armed forces of the United States.
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