Postal Codes

55020 ZIP Code

Advertisement

English Español

ZIP code 55020 covers Elko New Market, Minnesota, with a population of about 4,391 and a median household income of $127,159.

Population
4,391184 per square mile
Median age
34.14.6 points below the US average
Median household income
$127,1591.5× the Minnesota median
Poverty rate
3.2%9.2 points below the US average
Typical home value
$530,493up 16.1% in five years
Degree or higher
37.9%2.9 points above the US average
Homeownership
99.3%34.3 points above the US average
Time zone
Central UTC-06:00observes daylight saving time
Businesses
97

Where 55020 is

Elko New Market, Minnesota — the area the Census Bureau draws for this ZIP code. ZIP codes are sets of delivery routes rather than areas, so this is the Census approximation of one, not a Postal Service boundary.

People and households

American Community Survey 2019–2023 five-year estimates

Population4,391
Median age34.1
Family households92.5%
Born outside the US3.8%
Speaks a language other than English at home5.2%
White (non-Hispanic)87.8%
Black (non-Hispanic)5.7%
Asian (non-Hispanic)0.1%
Hispanic or Latino5.6%
Veterans2.1%
Population by age
MaleFemale0-45-910-1415-1920-2425-3435-4445-5455-6465-7475-8485+
Income and poverty

American Community Survey 2019–2023 five-year estimates

Median household income$127,159
Income per person$51,463
Poverty rate3.2%
Households on SNAP or cash assistance1.9%

Household income distribution

Under $10k1.5%
$10–15k0.0%
$15–20k0.0%
$20–25k0.0%
$25–30k0.7%
$30–35k0.7%
$35–40k0.5%
$40–45k3.9%
$45–50k2.9%
$50–60k6.0%
$60–75k3.0%
$75–100k11.6%
$100–125k18.6%
$125–150k7.6%
$150–200k22.8%
$200k or more20.3%

Income as declared to the IRS

Filed returns rather than survey responses, so this counts tax units and not households.

Tax returns filed2,070
Mean adjusted gross income$109,621
Returns declaring $200,000 or more12.6%
Returns, under $25k19.8%
Returns, $25k–$50k12.6%
Returns, $50k–$75k11.6%
Returns, $75k–$100k10.6%
Returns, $100k–$200k32.9%
Returns, $200k or more12.6%
Housing

American Community Survey 2019–2023 five-year estimates

Median home value$452,700
Owner-occupied99.3%
Vacant homes4.9%
Median year built1998

What the homes are

Detached house95.2%
Attached house3.7%
5 to 19 units1.1%
Home values and rents today

Zillow Home Value Index and Zillow Observed Rent Index, courtesy of Zillow. Monthly and current, where the Census figures above are a five-year average and are capped at $2,000,000.

Typical home value$530,493as of 2026-07
Typical home value, 1 yearup 3.1%
Typical home value, 5 yearsup 16.1%
Typical home value, 10 yearsup 61.3%
Typical home value since 2000
200020132026$530,493$192,654

$192,654 in 2000 to $530,493 in 2026.

Work, commuting and education

American Community Survey 2019–2023 five-year estimates

Unemployment rate1.3%
Bachelor's degree or higher37.9%
High school diploma or higher96.6%
Works from home16.7%
Drives to work alone79.6%
Takes public transport0%
Commutes 45 minutes or more24.2%
Health

CDC PLACES 2025 release, model-based estimates. These are modelled small-area estimates for adults, not counts of diagnosed cases.

Obesity32.8% 0.6 pts below the national average of 33.4%
Diagnosed diabetes8.5% 3.5 pts below the national average of 12%
Currently smokes12.6% 0.6 pts below the national average of 13.2%
High blood pressure28.9% 5.2 pts below the national average of 34.1%
Fair or poor general health13.6% 6.7 pts below the national average of 20.3%
No health insurance (18–64)5.6% 5.7 pts below the national average of 11.3%
Depression23.8% 1.9 pts above the national average of 21.9%
No leisure-time physical activity20.6% 4.8 pts below the national average of 25.4%
Arthritis19.5% 5.6 pts below the national average of 25.1%
Binge drinking21.2% 5.2 pts above the national average of 16%
Taking blood pressure medication72.6% 2.1 pts below the national average of 74.7%
Cancer (non-skin)7.4% same as the national average of 7.7%
Current asthma9.8% 0.6 pts below the national average of 10.4%
Coronary heart disease4.4% 1.8 pts below the national average of 6.2%
Routine check-up in past year73.4% 3.3 pts below the national average of 76.7%
Cholesterol screening86.6% 0.7 pts above the national average of 85.9%
Cognitive disability11.5% 3.3 pts below the national average of 14.8%
Colorectal screening70.6% 6.3 pts above the national average of 64.3%
COPD4.2% 2.4 pts below the national average of 6.6%
Visited a dentist73.1% 11.8 pts above the national average of 61.3%
Any disability22.4% 8.3 pts below the national average of 30.7%
Lacks emotional support20.5% 4.3 pts below the national average of 24.8%
Food insecurity8.3% 8.8 pts below the national average of 17.1%
Received food stamps5.5% 8.8 pts below the national average of 14.3%
Hearing disability5.2% 1.5 pts below the national average of 6.7%
High cholesterol31.3% 4.9 pts below the national average of 36.2%
Housing insecurity7.9% 5.9 pts below the national average of 13.8%
Independent living disability5.7% 2.7 pts below the national average of 8.4%
Lacks transport5.6% 3.6 pts below the national average of 9.2%
Loneliness27.9% 6.5 pts below the national average of 34.4%
Mammography use81.6% 5.7 pts above the national average of 75.9%
Poor mental health (14+ days)14.8% 2 pts below the national average of 16.8%
Mobility disability8.8% 5.2 pts below the national average of 14%
Poor physical health (14+ days)10.4% 3.1 pts below the national average of 13.5%
Self-care disability2.5% 1.5 pts below the national average of 4%
Utility shut-off threat4.8% 4 pts below the national average of 8.8%
Sleeps under 7 hours27.9% 8.5 pts below the national average of 36.4%
Stroke2.3% 1.1 pts below the national average of 3.4%
All natural teeth lost5% 8 pts below the national average of 13%
Vision disability2.9% 2.7 pts below the national average of 5.6%
Advertisement
Business and employment

Census ZIP Code Business Patterns 2022

Business establishments97
People employed324
Annual payroll$21,141,000
Natural hazard risk

FEMA National Risk Index, estimated for this ZIP code from census tract data — the NRI is not published per ZIP.

Overall riskHigher than 42.8% of US census tracts
FEMA ratingVery Low to Relatively Low across the 3 census tracts this ZIP code covers
Expected annual loss67.1 out of 100
Community resilience96.7 out of 100

By hazard

Score is out of 100 and is the area-weighted average across the census tracts this ZIP code covers. The rating beside it is the highest any one of those tracts carries.

Strong wind97.9Very High at its worst in this ZIP code
Landslide86.3Relatively Low at its worst in this ZIP code
Hail84.3Relatively Moderate at its worst in this ZIP code
Drought80.8Relatively Low at its worst in this ZIP code
Tornado80.7Relatively High at its worst in this ZIP code
Wildfire77Relatively Low at its worst in this ZIP code
Cold wave73.6Relatively High at its worst in this ZIP code
Heat wave60.7Relatively Moderate at its worst in this ZIP code
Winter weather57.6Relatively Moderate at its worst in this ZIP code
Ice storm42.2Relatively Low at its worst in this ZIP code
Lightning40.6Relatively Low at its worst in this ZIP code
River flooding34.6Relatively Low at its worst in this ZIP code
Earthquake1.9Very Low at its worst in this ZIP code
Compared with Minnesota and the United States

State and national columns are figures for those areas, not for this ZIP code. American Community Survey 2019–2023 five-year estimates

This ZIPMinnesotaUnited States
Median household income$127,159$87,556$78,538
Income per person$51,463$46,957$43,289
Poverty rate3.2%9.2%12.4%
Median home value$452,700$305,500$303,400
Median gross rent$1,235$1,348
Homeownership99.3%72.4%65%
Bachelor's degree or higher37.9%38.8%35%
Unemployment rate1.3%3.9%5.2%
Works from home16.7%15.8%13.5%
Born outside the US3.8%8.6%13.9%
Median age34.138.638.7
Climate

NOAA US Climate Normals 1991-2020, from the nearest weather station with a full year of records. The station and its distance are named above, because a station forty kilometres away describes somewhere else.

Weather stationFARMINGTON 3 NW, MN US17 km away
Rain in a year32 in
Snow in a year41 in

Average high and low by month

January22.9°F / 7.8°F1.05 in rain, 10.5 in snow
February28.1°F / 11.8°F0.81 in rain, 6.4 in snow
March41.1°F / 24°F1.66 in rain, 8 in snow
April56.2°F / 36.3°F2.72 in rain, 1.8 in snow
May68.6°F / 48.2°F3.93 in rain
June78.1°F / 58.5°F4.89 in rain
July82°F / 62.6°F4.24 in rain
August79°F / 60.1°F4.42 in rain
September72°F / 52.3°F3.2 in rain
October57.9°F / 39.4°F2.75 in rain, 0.3 in snow
November41.6°F / 26.5°F1.64 in rain, 7 in snow
December27.7°F / 14.4°F1.01 in rain, 7 in snow
Access to food

USDA Food Access Research Atlas, estimated for this ZIP code from census tract data. Each figure is the share of the ZIP code's land area that falls in a tract carrying that flag.

Low income and far from a supermarketNone of this ZIP code
Far from a supermarketNone of this ZIP code
No vehicle and far from a supermarketNone of this ZIP code
School districts

NCES Geographic Relationship File 2025, which states the association between each district and each ZIP code tabulation area directly. Elementary and secondary districts can cover the same ground, so shares need not total 100%.

This ZIP code is served by 3 school districts, so the address decides which one, not the ZIP code.

New Prague Area Schools62.5% of this ZIP code's land area
Lakeville Public School District31.5% of this ZIP code's land area
Jordan Public School District6.1% of this ZIP code's land area
Community and walkability

CDC/ATSDR Social Vulnerability Index 2022 and the EPA National Walkability Index, both estimated for this ZIP code from census tract data. Vulnerability figures are national percentile ranks, not measurements.

Overall social vulnerability1more vulnerable than 1% of US census tracts
Socioeconomic status4more vulnerable than 4% of US census tracts
Household characteristics4more vulnerable than 4% of US census tracts
Racial and ethnic minority status15more vulnerable than 15% of US census tracts
Housing type and transport7more vulnerable than 7% of US census tracts
Walkability4.3 out of 20Least walkable
Nearby ZIP codes

The closest ZIP codes by centre point, which is not the same as sharing a border.

55054 Elko New Market, MN0 km away
55088 Webster, MN8.4 km away
55044 Lakeville, MN13.4 km away
55010 Castle Rock, MN13.9 km away
55046 Lonsdale, MN15.2 km away
55057 Northfield, MN17.3 km away
55024 Farmington, MN17.5 km away
55372 Prior Lake, MN17.5 km away
Location, counties and time zone

County shares from Census 2020 ZCTA relationship files. Time zone from the USDOT National Transportation Atlas, which renders the boundaries written into 49 CFR Part 71.

Scott County100% of this ZIP code's land area
Time zoneCentral (UTC-06:00 standard)
Daylight saving timeObserved
Land area23.81 sq mi
Water area0.22 sq mi
Population density184 people per sq mi
Latitude, longitude44.5647, -93.3269

Figures are published for this ZIP code or its Census tabulation area unless a section says otherwise. Estimates whose margin of error made them unreliable are omitted rather than shown. Sources: US Census Bureau, CDC, IRS.

Advertisement