ZIP Code 55024

Located in Farmington, MN (Dakota County)

ZIP Code 55024 (Farmington, MN): Quick Facts & Overview

  • Population: 37,287 residents (169 people per sq. mi.)
  • Average House Price: $377,568
  • Average Household Income: $127,280

ZIP code 55024 primarily serves Farmington, MN in Dakota County. An estimated 37,287 people live within this area, with about 169 residents living in every square mile.

If you are looking for a home in ZIP code 55024, the average price is around $377,568. That makes local housing 45% higher than the Minnesota average of $260,056, and 22% higher than the national average of $308,592.

The average household in 55024 earns about $127,280 a year. This income is 55% higher than the average family in Minnesota ($82,068), and 62% higher than the national average ($78,686).

Population 37,287
Median Household Income $127,280
Median Home Value $377,568
Median Age 36.1 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$60,280
Labor Force Participation77.5%
Unemployment Rate2.9%
Average Commute Time27.2 mins

Housing & Community Metrics

Home Ownership Rate88.7%
Median Rent$1,483
Rent Burdened (>30% Income)34.9%
Total Housing Units12,760

Additional Census & Housing Profile

Geographic Overview

Primary CityFarmington
CountyDakota
County FIPS27037
Metro Area (CBSA)Minneapolis-St. Paul-Bloomington, MN-WI
Combined Area (CSA)Minneapolis-St. Paul, MN-WI
Population Density169.2/sq mi
Coordinates (lat/lng)44.6274, -93.1361
TimezoneAmerica/Chicago

Household Structure

Average Family Size3.29
Dual Income Families72.3%

Marital Status

Married57.8%
Never Married29.0%
Divorced10.0%
Widowed3.2%

Gender

Male51.2%
Female48.8%

Health & Poverty

Uninsured Rate (Health)3.1%
Poverty Rate3.9%

Key Population Groups

Veterans6.0%
Disabled Population8.0%
Limited English Proficiency1.3%

All ZIP Codes in Farmington

ZIP Code Population Median Household Income Median Home Value
55024 Current 37,287 $127,280 $377,568

Nearby ZIP Codes

ZIP Code City / State Distance Population
55044 Lakeville, MN 7.1 miles 64,762
55065 Randolph, MN 8 miles 1,224
55068 Rosemount, MN 8.2 miles 33,119
55031 Hampton, MN 8.5 miles 1,881
55124 Saint Paul, MN 8.8 miles 55,658
55085 Vermillion, MN 9 miles 371
55306 Burnsville, MN 10.5 miles 16,830
55057 Northfield, MN 10.9 miles 25,650
55054 Elko New Market, MN 11.3 miles 2,831
55020 Elko New Market, MN 12.2 miles 4,115
55123 Saint Paul, MN 12.2 miles 26,501
55337 Burnsville, MN 12.4 miles 47,633
55122 Saint Paul, MN 12.5 miles 32,261
55077 Inver Grove Heights, MN 13.6 miles 14,503
55088 Webster, MN 14 miles 1,812
55372 Prior Lake, MN 14 miles 34,772
55378 Savage, MN 14.3 miles 32,162
55033 Hastings, MN 14.8 miles 29,674
55071 Saint Paul Park, MN 15.1 miles 5,719
55076 Inver Grove Heights, MN 15.1 miles 21,374
55121 Saint Paul, MN 15.1 miles 9,198
55425 Minneapolis, MN 15.7 miles 10,908
55019 Dundas, MN 15.8 miles 2,305
55420 Minneapolis, MN 16 miles 24,451
55018 Dennison, MN 16.2 miles 969
55431 Minneapolis, MN 16.2 miles 18,664
55016 Cottage Grove, MN 16.5 miles 40,695
55009 Cannon Falls, MN 16.6 miles 8,127
55120 Saint Paul, MN 17 miles 5,058
55437 Minneapolis, MN 17 miles 18,881
55450 Minneapolis, MN 17.9 miles 124
55111 Saint Paul, MN 18 miles 233
55150 Mendota, MN 18 miles 201
55438 Minneapolis, MN 18.1 miles 15,701
55055 Newport, MN 18.4 miles 4,754
55046 Lonsdale, MN 18.6 miles 6,145
55075 South Saint Paul, MN 18.6 miles 20,714
55423 Minneapolis, MN 18.6 miles 36,724
55118 Saint Paul, MN 18.7 miles 29,564
55053 Nerstrand, MN 19.5 miles 995
55116 Saint Paul, MN 19.6 miles 25,918
55435 Minneapolis, MN 19.6 miles 14,192
55417 Minneapolis, MN 19.9 miles 25,102
55419 Minneapolis, MN 20.6 miles 29,738
55379 Shakopee, MN 20.7 miles 50,041
55439 Minneapolis, MN 20.7 miles 9,459
55102 Saint Paul, MN 21.1 miles 19,630
55107 Saint Paul, MN 21.2 miles 15,377
55105 Saint Paul, MN 21.3 miles 28,617
55347 Eden Prairie, MN 21.4 miles 30,429
55089 Welch, MN 21.5 miles 1,612
55129 Saint Paul, MN 21.6 miles 34,120
55424 Minneapolis, MN 21.6 miles 10,289
55410 Minneapolis, MN 21.7 miles 20,422
55344 Eden Prairie, MN 21.8 miles 14,034
55406 Minneapolis, MN 21.9 miles 36,581
55407 Minneapolis, MN 22 miles 37,667
55409 Minneapolis, MN 22.1 miles 11,188
55352 Jordan, MN 22.2 miles 10,515
54021 Prescott, WI 22.3 miles 7,346
55125 Saint Paul, MN 22.3 miles 44,185
55436 Minneapolis, MN 22.4 miles 14,462
55101 Saint Paul, MN 22.5 miles 7,911
55119 Saint Paul, MN 22.5 miles 44,567
55104 Saint Paul, MN 22.6 miles 45,762
56071 New Prague, MN 22.9 miles 13,157
55106 Saint Paul, MN 23.2 miles 56,708
55408 Minneapolis, MN 23.2 miles 31,507
55103 Saint Paul, MN 23.3 miles 13,125
55114 Saint Paul, MN 23.6 miles 5,049
55021 Faribault, MN 23.8 miles 30,908
55404 Minneapolis, MN 23.9 miles 28,920
55130 Saint Paul, MN 24 miles 17,775
55343 Hopkins, MN 24.1 miles 27,102
55346 Eden Prairie, MN 24.3 miles 18,588
55454 Minneapolis, MN 24.3 miles 8,880
55416 Minneapolis, MN 24.4 miles 35,015
55001 Afton, MN 24.5 miles 3,027
55108 Saint Paul, MN 24.5 miles 15,224
55455 Minneapolis, MN 24.5 miles 5,390
55414 Minneapolis, MN 24.7 miles 35,007
55415 Minneapolis, MN 24.7 miles 6,900
55403 Minneapolis, MN 24.8 miles 17,601
55402 Minneapolis, MN 25 miles 667
56069 Montgomery, MN 25 miles 4,991
55405 Minneapolis, MN 25.1 miles 17,198
55401 Minneapolis, MN 25.6 miles 11,816
55426 Minneapolis, MN 25.7 miles 25,251
55117 Saint Paul, MN 25.8 miles 44,697
55317 Chanhassen, MN 25.8 miles 22,299
55345 Minnetonka, MN 26.2 miles 20,789
55413 Minneapolis, MN 26.2 miles 14,655
55128 Saint Paul, MN 26.3 miles 29,384
55113 Saint Paul, MN 26.7 miles 40,819
55946 Kenyon, MN 26.7 miles 3,395
55305 Hopkins, MN 26.9 miles 21,068
55411 Minneapolis, MN 26.9 miles 27,741
55109 Saint Paul, MN 27.3 miles 33,461
55315 Carver, MN 27.6 miles 7,147
55318 Chaska, MN 27.7 miles 30,369