Oakdale, MN Economy


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Oakdale, MN is a charming city located just outside of the Twin Cities metropolitan area. Residents of Oakdale enjoy a high quality of life due to its convenient location and access to amenities such as shopping, dining, and entertainment. The cost of living is relatively affordable with 2 bedroom rent costing around $1,440 and grocery costs being indexed at 101 compared to 100 in the US. Some local companies in Oakdale include the 3M Company, Immedia Systems Inc., IAT Insurance Group, and BTM Corporation. There are also numerous attractions near Oakdale like the Tamarack Nature Center, Indian Mounds Park, Woodbury Village Shopping Center, Valley Creek Mall, and more. For those looking for nighttime entertainment there’s also an AMC movie theater nearby. Oakdale is truly a great place to visit or live!

Oakdale has an unemployment rate of 4.5%. The US average is 6.0%.

Oakdale has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.

Tax Rates for Oakdale
- The Sales Tax Rate for Oakdale is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Oakdale is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Oakdale
- The average income of a Oakdale resident is $31,869 a year. The US average is $28,555 a year.
- The Median household income of a Oakdale resident is $78,586 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOakdale, MinnesotaUnited States
  4.56
  -3.7%-6.2%
  34.8%33.5%
  7.1%6.2%
  7.1%4.6%
  $38,698$37,638
  $78,586$69,021
  $95,000$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  3.8%6.8%
  9.3%10.0%
  2.4%2.5%
  12.2%11.0%
  5.7%4.8%
  0.3%0.8%
  1.6%1.9%
  9.1%4.7%
  0.8%1.9%
  6.2%7.6%
  0.2%0.1%
  4.0%4.2%
  7.9%9.3%
  17.6%14.0%
  1.5%2.1%
  6.0%7.0%
  4.5%4.8%
  6.7%4.7%
Reviews for Oakdale
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Over 7 years ago

I grew up in Oakdale and lived there until I was about 23 when I stayed at home to finish college. It's more of a blue collar area with lots of starter homes and  More

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