Payne Avenue

Eastside Neighborhood

The Eastside Financial Center is located in the heart of Saint Paul’s Eastside Payne-Phalen neighborhood.   

For many generations and generations the area was a vibrant gathering point for trade and ceremony for the Dakota people who lived in seasonal villages.  After European settlement, land use, allocation of resources, and demographics changed dramatically.   

Throughout the mid-1900’s the Eastside was the industrial muscle of Saint Paul where large companies including 3M, Hamm’s Brewery, and Seeger/Whirlpool employed thousands, and working-class neighborhoods flourished.   But by the late 1960’s, industrial jobs that had sustained many were slipping away due to outsourcing and automation. The region was shifting toward high-tech work, but those jobs required education and access to transportation beyond the reach of most residents.  As warehouses were abandoned and disinvestments in the community were incentivized, resources and access to opportunities on the Eastside constricted.

Today, Eastside residents continue to struggle like those who came before, to hold together their families and sustain community.

Graph of Eastside Demographics

Changes in the racial demographics for the Payne-Phalen neighborhood over the last twenty years.


  • According to the US Census, the median household income for the Payne-Phalen neighborhood is $40,300 –nearly $26,000 less than the Twin Cities metro average (TC metro area data)
  • Just over half of households have incomes below 200% of the Federal Poverty Guideline
  • Of the 53 banks and credit unions located in St. Paul – only five are located in the Payne-Phalen, North End, Greater East Side and Dayton’s Bluff areas combined – even though 95,000 people live there.  Compare that with Highland Park – a wealthier neighborhood of 23,000 residents – that has seven banks and credit unions 

    The Eastside of St. Paul  is a powerful community wealthy in experience and diversity. It is a proud, active and hardworking community with a vibrant network of agencies committed to revitalization through asset building, education, cultural resources, health, and the development of community power.