Oakport, Minnesota Unemployment

Oakport, Minnesota has a population of 1,380, with a median household income of $92,400.

Current unemployment data for Oakport.

2.50%

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Population

1,380

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Median Income

$92,400

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Unemployment

2.50%

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Housing Price

$315,000

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Crime Rate

5.10

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Internet Speed

500.00 Mbps

Oakport is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Minnesota, Oakport provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Oakport has a population of 1,380, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Oakport is $92,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Oakport average around $315,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Oakport is 2.50%, which is lower than the state average, indicating a relatively strong job market. Oakport has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Minnesota, Oakport shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Oakport continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Oakport

What is the population of Oakport?

The population of Oakport is approximately 1,380.

Is Oakport a good place to live?

Oakport offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Oakport?

The median household income in Oakport is around $92,400.

How expensive is housing in Oakport?

The average housing price in Oakport is approximately $315,000.