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EconPulse

Local economy signal dashboard

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PLACEThriving

Oak Park Heights, MN

Thriving overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score67out of 100
Compare
67
77
31
71
84

Population

4,756

Data freshness

Unknown

GDP / Output

+4.0% YoY

67

$17.1B

Output changed +4.0% in 2024.

Vintage date unknown

State growth5.1%
U.S. growth5.3%

Jobs

Unemployment rate

77

3.3%

Unemployment is 3.3% for Latest available.

Vintage date unknown

State avg4.1%
U.S. avg5.2%

Population

-3.2% 5-year

31

4,756

Population moved -3.2% over the latest ACS window.

Vintage date unknown

State population5,739,445
U.S. population334,922,499

Housing

Rent share of income

71

21.0%

Median rent consumes 21.0% of median household income: Affordable.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.1K per resident

84

$1.6B

$1.6B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$242.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.6B

$6.1K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.4B
2. Department of Veterans Affairs$123.2M
3. Department of Transportation$22.1M

Top recipients

Dollars
1. MINNESOTA DEPARTMENT OF TRANSPORTATION$22.3M
2. CENTURY COLLEGE$18.3M
3. REDACTED DUE TO PII$4.7M

Affordable

Housing Affordability

21.0%

of median income

1BR estimate$1,183
2BR estimate$1,558
Median income$82,476
Median home value$354,800

ACS context

Quick Facts

Population

4,756

Median age

51.3

Bachelor's degree+

38.9%

Poverty rate

7.1%

Labor force participation

46.2%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-0.7%

GDP CAGR

+7.1%

Federal flow

5 years

Population (5 years)
20204,914
20214,720
20224,790
20234,782
20244,756
GDP (5 years)
2020$12.1B
2021$13.6B
2022$15.9B
2023$16.4B
2024$17.1B

2-year linear forecast

Predictive Outlook

Population forecast

20244,756
20254,716 *
20264,691 *

R² = 30.1% · * projected

GDP forecast

2024$17.1B
2025$18.8B *
2026$20.1B *

R² = 93.7% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$82,476/yr
Median rent$1,443/mo
Rent share of income21.0%
Est. mortgage (30yr, 6.5%)$21,529/yr
Mortgage share of income26.1%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate3.3%
State avg4.1%
U.S. avg5.2%
Labor force participation46.2%
Poverty rate7.1%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$354,800
Median monthly rent$1,443
Price-to-rent ratio20.5x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateModerate
Composite score62/100
Economic growth67/100
Labor market77/100
Population momentum31/100
Overall stability67/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Oak Park Heights city, Minnesota

City/Town

Part of

Minneapolis-St. Paul-Bloomington, MN-WI

Nearby locations

Bayport, MNStillwater, MNHoulton, WINorth Hudson, WILake Elmo, MN