ZIP Code 55020

Located in Elko New Market, MN (Scott County)

ZIP Code 55020 (Elko New Market, MN): Quick Facts & Overview

  • Population: 4,115 residents (67 people per sq. mi.)
  • Average House Price: $452,680
  • Average Household Income: $131,071

ZIP code 55020 primarily serves Elko New Market, MN in Scott County. An estimated 4,115 people live within this area, with about 67 residents living in every square mile.

If you are looking for a home in ZIP code 55020, the average price is around $452,680. That makes local housing 74% higher than the Minnesota average of $260,056, and 47% higher than the national average of $308,592.

The average household in 55020 earns about $131,071 a year. This income is 60% higher than the average family in Minnesota ($82,068), and 67% higher than the national average ($78,686).

Population 4,115
Median Household Income $131,071
Median Home Value $452,680
Median Age 36.6 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$60,679
Labor Force Participation77.3%
Unemployment Rate1.6%
Average Commute Time29.1 mins

Housing & Community Metrics

Home Ownership Rate99.0%
Median Rent-
Rent Burdened (>30% Income)-
Total Housing Units1,368

Additional Census & Housing Profile

Geographic Overview

Primary CityElko New Market
CountyScott
County FIPS27139
Metro Area (CBSA)Minneapolis-St. Paul-Bloomington, MN-WI
Combined Area (CSA)Minneapolis-St. Paul, MN-WI
Population Density66.7/sq mi
Coordinates (lat/lng)44.5771, -93.3739
TimezoneAmerica/Chicago

Household Structure

Average Family Size3.07
Dual Income Families75.1%

Marital Status

Married67.0%
Never Married27.7%
Divorced2.1%
Widowed3.2%

Gender

Male49.0%
Female51.0%

Health & Poverty

Uninsured Rate (Health)0.6%
Poverty Rate0.7%

Key Population Groups

Veterans2.4%
Disabled Population4.7%
Limited English Proficiency1.0%

All ZIP Codes in Elko New Market

ZIP Code Population Median Household Income Median Home Value
55020 Current 4,115 $131,071 $452,680
55054 2,831 $157,096 $430,677

Nearby ZIP Codes

ZIP Code City / State Distance Population
55054 Elko New Market, MN 1.2 miles 2,831
55088 Webster, MN 3.3 miles 1,812
55044 Lakeville, MN 6.5 miles 64,762
55372 Prior Lake, MN 7.2 miles 34,772
55046 Lonsdale, MN 9.3 miles 6,145
56071 New Prague, MN 10.7 miles 13,157
55306 Burnsville, MN 11.4 miles 16,830
55352 Jordan, MN 11.8 miles 10,515
55057 Northfield, MN 12 miles 25,650
55024 Farmington, MN 12.2 miles 37,287
55378 Savage, MN 12.4 miles 32,162
55019 Dundas, MN 12.9 miles 2,305
56069 Montgomery, MN 14 miles 4,991
55379 Shakopee, MN 14.2 miles 50,041
55124 Saint Paul, MN 14.4 miles 55,658
55337 Burnsville, MN 14.6 miles 47,633
55437 Minneapolis, MN 17.1 miles 18,881
55438 Minneapolis, MN 17.1 miles 15,701
55431 Minneapolis, MN 17.5 miles 18,664
55065 Randolph, MN 17.6 miles 1,224
55122 Saint Paul, MN 17.9 miles 32,261
55315 Carver, MN 18 miles 7,147
55347 Eden Prairie, MN 18 miles 30,429
55420 Minneapolis, MN 18.5 miles 24,451
55068 Rosemount, MN 18.6 miles 33,119
55123 Saint Paul, MN 19.5 miles 26,501
55425 Minneapolis, MN 19.5 miles 10,908
56052 Kilkenny, MN 19.8 miles 747
55021 Faribault, MN 19.9 miles 30,908
56011 Belle Plaine, MN 19.9 miles 9,921
55344 Eden Prairie, MN 20.1 miles 14,034
55031 Hampton, MN 20.2 miles 1,881
55435 Minneapolis, MN 20.6 miles 14,192
55439 Minneapolis, MN 20.6 miles 9,459
55318 Chaska, MN 20.7 miles 30,369
55085 Vermillion, MN 21.2 miles 371
55317 Chanhassen, MN 21.2 miles 22,299
55423 Minneapolis, MN 21.2 miles 36,724
56057 Le Center, MN 21.2 miles 3,919
55121 Saint Paul, MN 21.4 miles 9,198
55346 Eden Prairie, MN 21.5 miles 18,588
55018 Dennison, MN 21.9 miles 969
55053 Nerstrand, MN 21.9 miles 995
55450 Minneapolis, MN 22.1 miles 124
55077 Inver Grove Heights, MN 22.3 miles 14,503
55436 Minneapolis, MN 22.6 miles 14,462
55424 Minneapolis, MN 22.7 miles 10,289
55111 Saint Paul, MN 23 miles 233
55419 Minneapolis, MN 23.1 miles 29,738
55120 Saint Paul, MN 23.2 miles 5,058
55087 Warsaw, MN 23.4 miles 327
55343 Hopkins, MN 23.4 miles 27,102
55410 Minneapolis, MN 23.4 miles 20,422
55417 Minneapolis, MN 23.7 miles 25,102
55150 Mendota, MN 23.8 miles 201
55052 Morristown, MN 23.9 miles 2,114
55345 Minnetonka, MN 24 miles 20,789
55386 Victoria, MN 24 miles 10,077
55322 Cologne, MN 24.2 miles 3,775
55076 Inver Grove Heights, MN 24.3 miles 21,374
55409 Minneapolis, MN 24.8 miles 11,188
55071 Saint Paul Park, MN 25.1 miles 5,719
55116 Saint Paul, MN 25.1 miles 25,918
55331 Excelsior, MN 25.2 miles 19,805
55407 Minneapolis, MN 25.4 miles 37,667
55408 Minneapolis, MN 25.6 miles 31,507
56096 Waterville, MN 25.6 miles 2,953
55009 Cannon Falls, MN 25.8 miles 8,127
55118 Saint Paul, MN 25.8 miles 29,564
55416 Minneapolis, MN 25.8 miles 35,015
55406 Minneapolis, MN 26.1 miles 36,581
55426 Minneapolis, MN 26.2 miles 25,251
55305 Hopkins, MN 26.3 miles 21,068
55105 Saint Paul, MN 26.7 miles 28,617
55033 Hastings, MN 27 miles 29,674
55075 South Saint Paul, MN 27 miles 20,714
55404 Minneapolis, MN 27.2 miles 28,920
55016 Cottage Grove, MN 27.3 miles 40,695
55405 Minneapolis, MN 27.4 miles 17,198
55102 Saint Paul, MN 27.5 miles 19,630
55403 Minneapolis, MN 27.5 miles 17,601
55055 Newport, MN 27.6 miles 4,754
55387 Waconia, MN 27.7 miles 15,030
55391 Wayzata, MN 27.7 miles 15,502
56044 Henderson, MN 27.7 miles 2,370
55384 Spring Park, MN 27.9 miles 1,896
55454 Minneapolis, MN 27.9 miles 8,880
55104 Saint Paul, MN 28 miles 45,762
55402 Minneapolis, MN 28 miles 667
55375 Saint Bonifacius, MN 28.1 miles 4,326
55415 Minneapolis, MN 28.1 miles 6,900
55368 Norwood Young America, MN 28.2 miles 1,775
56058 Le Sueur, MN 28.2 miles 6,067
55114 Saint Paul, MN 28.3 miles 5,049
55455 Minneapolis, MN 28.3 miles 5,390
55107 Saint Paul, MN 28.4 miles 15,377
55049 Medford, MN 28.5 miles 2,636
55401 Minneapolis, MN 28.7 miles 11,816
55414 Minneapolis, MN 28.7 miles 35,007
56017 Cleveland, MN 28.9 miles 1,763