Postal Codes

55054 ZIP Code

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ZIP code 55054 covers Elko New Market, Minnesota, with a population of about 2,582 and a median household income of $151,845.

Population
2,5822,522 per square mile
Median age
40.11.4 points above the US average
Median household income
$151,8451.7× the Minnesota median
Poverty rate
0%12.4 points below the US average
Typical home value
$438,664up 12.8% in five years
Median rent
$2,3111.9× the Minnesota median
Degree or higher
40.9%5.9 points above the US average
Homeownership
89.8%24.8 points above the US average
Time zone
Central UTC-06:00observes daylight saving time
Businesses
55

Where 55054 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

Population2,582
Median age40.1
Family households88.4%
Born outside the US3.4%
Speaks a language other than English at home2.8%
White (non-Hispanic)81.7%
Black (non-Hispanic)3%
Asian (non-Hispanic)2.7%
Hispanic or Latino0.7%
Veterans2.6%
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$151,845
Income per person$54,420
Poverty rate0%
Households on SNAP or cash assistance0%

Household income distribution

Under $10k0.0%
$10–15k0.0%
$15–20k0.0%
$20–25k2.5%
$25–30k0.0%
$30–35k3.4%
$35–40k0.0%
$40–45k0.0%
$45–50k2.9%
$50–60k0.0%
$60–75k3.0%
$75–100k13.4%
$100–125k10.5%
$125–150k12.6%
$150–200k23.9%
$200k or more27.8%

Income as declared to the IRS

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

Tax returns filed1,160
Mean adjusted gross income$97,928
Returns declaring $200,000 or more8.6%
Returns, under $25k20.7%
Returns, $25k–$50k13.8%
Returns, $50k–$75k13.8%
Returns, $75k–$100k10.3%
Returns, $100k–$200k32.8%
Returns, $200k or more8.6%
Housing

American Community Survey 2019–2023 five-year estimates

Median home value$399,300
Median gross rent$2,311
Owner-occupied89.8%
Vacant homes5.1%
Median year built2005

What the homes are

Detached house86.7%
Attached house11.2%
20 or more units2.1%
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$438,664as of 2026-07
Typical home value, 1 yearup 1.1%
Typical home value, 5 yearsup 12.8%
Typical home value, 10 yearsup 55.3%
Typical home value since 2000
200520152026$438,664$201,759

$264,140 in 2005 to $438,664 in 2026.

Work, commuting and education

American Community Survey 2019–2023 five-year estimates

Unemployment rate1.1%
Bachelor's degree or higher40.9%
High school diploma or higher95.7%
Works from home21.7%
Drives to work alone74.2%
Takes public transport0%
Commutes 45 minutes or more14.9%
Health

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

Obesity32.7% 0.7 pts below the national average of 33.4%
Diagnosed diabetes7.1% 4.9 pts below the national average of 12%
Currently smokes13% same as the national average of 13.2%
High blood pressure25.4% 8.7 pts below the national average of 34.1%
Fair or poor general health12.9% 7.4 pts below the national average of 20.3%
No health insurance (18–64)5.9% 5.4 pts below the national average of 11.3%
Depression24.8% 2.9 pts above the national average of 21.9%
No leisure-time physical activity19.9% 5.5 pts below the national average of 25.4%
Arthritis16.5% 8.6 pts below the national average of 25.1%
Binge drinking22.9% 6.9 pts above the national average of 16%
Taking blood pressure medication67.6% 7.1 pts below the national average of 74.7%
Cancer (non-skin)6% 1.7 pts below the national average of 7.7%
Current asthma9.8% 0.6 pts below the national average of 10.4%
Coronary heart disease3.5% 2.7 pts below the national average of 6.2%
Routine check-up in past year71.2% 5.5 pts below the national average of 76.7%
Cholesterol screening84.9% 1 pts below the national average of 85.9%
Cognitive disability11.9% 2.9 pts below the national average of 14.8%
Colorectal screening65.1% 0.8 pts above the national average of 64.3%
COPD3.6% 3 pts below the national average of 6.6%
Visited a dentist70.3% 9 pts above the national average of 61.3%
Any disability21.2% 9.5 pts below the national average of 30.7%
Lacks emotional support20.9% 3.9 pts below the national average of 24.8%
Food insecurity8.7% 8.4 pts below the national average of 17.1%
Received food stamps5.9% 8.4 pts below the national average of 14.3%
Hearing disability4.4% 2.3 pts below the national average of 6.7%
High cholesterol27.9% 8.3 pts below the national average of 36.2%
Housing insecurity8.6% 5.2 pts below the national average of 13.8%
Independent living disability5.6% 2.8 pts below the national average of 8.4%
Lacks transport5.9% 3.3 pts below the national average of 9.2%
Loneliness28.7% 5.7 pts below the national average of 34.4%
Mammography use78.4% 2.5 pts above the national average of 75.9%
Poor mental health (14+ days)15.7% 1.1 pts below the national average of 16.8%
Mobility disability7.5% 6.5 pts below the national average of 14%
Poor physical health (14+ days)9.7% 3.8 pts below the national average of 13.5%
Self-care disability2.2% 1.8 pts below the national average of 4%
Utility shut-off threat5.3% 3.5 pts below the national average of 8.8%
Sleeps under 7 hours29.4% 7 pts below the national average of 36.4%
Stroke1.9% 1.5 pts below the national average of 3.4%
All natural teeth lost5.3% 7.7 pts below the national average of 13%
Vision disability2.7% 2.9 pts below the national average of 5.6%
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Business and employment

Census ZIP Code Business Patterns 2022

Business establishments55
People employed223
Annual payroll$10,217,000
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 45% of US census tracts
FEMA ratingRelatively Low
Expected annual loss76.7 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 wind98.4Very High at its worst in this ZIP code
Landslide85.4Relatively Low at its worst in this ZIP code
Tornado85.3Relatively High at its worst in this ZIP code
Hail84.7Relatively Moderate at its worst in this ZIP code
Cold wave78.6Relatively High at its worst in this ZIP code
Drought78.5Very Low at its worst in this ZIP code
Wildfire74.9Relatively Low at its worst in this ZIP code
Heat wave67.6Relatively Moderate at its worst in this ZIP code
Winter weather62.2Relatively Moderate at its worst in this ZIP code
Ice storm46.7Relatively Low at its worst in this ZIP code
Lightning45.7Relatively Low at its worst in this ZIP code
River flooding29Relatively Low at its worst in this ZIP code
Earthquake1.7Very 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$151,845$87,556$78,538
Income per person$54,420$46,957$43,289
Poverty rate0%9.2%12.4%
Median home value$399,300$305,500$303,400
Median gross rent$2,311$1,235$1,348
Homeownership89.8%72.4%65%
Bachelor's degree or higher40.9%38.8%35%
Unemployment rate1.1%3.9%5.2%
Works from home21.7%15.8%13.5%
Born outside the US3.4%8.6%13.9%
Median age40.138.638.7
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 2 school districts, so the address decides which one, not the ZIP code.

New Prague Area Schools93.4% of this ZIP code's land area
Lakeville Public School District6.6% 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 status2more vulnerable than 2% of US census tracts
Household characteristics3more vulnerable than 3% of US census tracts
Racial and ethnic minority status25more vulnerable than 25% of US census tracts
Housing type and transport11more vulnerable than 11% of US census tracts
Walkability4.2 out of 20Least walkable
Nearby ZIP codes

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

55020 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 area1.02 sq mi
Population density2,522 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.

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