ZIP Code 55020 — Elko, MN

Scott | 2024 Census Data

Key Takeaway

ZIP code 55020 in Elko, MN has a population of 4,115 with a median household income of $131,071 and a median home value of $455,500 . The cost of living index is 137.6 (national average = 100).

Population & Age

Total Population
4,115
Median Age
36.60
Male
2,017
Female
2,098

Race & Ethnicity

White
91.1%
Black
5.4%
Hispanic
5.1%
Asian
0.0%
Native American
0.1%
Pacific Islander
0.0%
Two or More
1.6%
Other
1.9%

Income

Median Household
$131,071
Mean Household
$160,866
Per Capita
$53,372
Below Poverty
0.7%

Housing

Median Home Value
$455,500
Median Rent
N/A
Total Units
1,426
Occupied
1,368
Owner Occupied
99.1%
Renter Occupied
1.0%
Median Year Built
2001
Vacant
58

Education

High School or Higher 97.7%
Bachelor's or Higher 36.8%
Graduate Degree 12.1%

Employment & Commuting

Labor Force
2,318
Unemployment
1.6%
Drive Alone
78.1%
Public Transit
0.0%
Work from Home
16.8%
Avg Commute
N/A

Cost of Living Index

137.6
National average = 100. Above average by 37.6%.

Nearby ZIP Codes

55088
Webster
6.2 mi
55044
Lakeville
6.3 mi
55372
Prior lake
8.0 mi
56071
New prague
9.9 mi
55046
Veseli
10.1 mi
55379
Shakopee
11.1 mi
55378
Savage
11.2 mi
55024
Farmington
11.7 mi
55352
Jordan
12.4 mi
55124
Apple valley
13.8 mi
55306
Burnsville
14.0 mi
55337
Burnsville
14.4 mi

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 55020?

ZIP code 55020 (Elko, MN) has a total population of 4,115 according to the 2024 American Community Survey.

What is the median household income in ZIP code 55020?

The median household income in ZIP code 55020 is $131,071 per year, based on 2024 Census Bureau data.

What city is ZIP code 55020 in?

ZIP code 55020 is primarily located in Elko, Minnesota (MN).

What is the median home value in ZIP code 55020?

The median home value in ZIP code 55020 is $455,500, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 55020?

The median age in ZIP code 55020 is 36.60 years, compared to the national median of 38.9 years.