55020 ZIP Code — Elko New Market, MN

Scott County, Minnesota

ZIP code 55020 is located in Elko New Market, Minnesota, within Scott County. It covers approximately 23.81 square miles and serves a population of 4,319 residents. This is a standard ZIP code in the Central (CT) timezone, served by area code 952.

About ZIP code 55020

The housing stock consists of predominantly single-family detached homes. Most homes were built in the 2000s, giving the area an established character. Median home value is $423,100.

Median household income is $140,417. The poverty rate of 3% is below the national average.

The dominant occupation class is management, business, and professional, with education and healthcare as the leading industry. The average commute of 30 minutes is near the national average.

Educational attainment is near the national average, with 40% of residents holding a bachelor's degree or higher.

4,319
population
23.81
sq mi land
Standard
ZIP type
Central (CT)
timezone
55020 ZIP code map
Cities in ZIP code 55020

Below are the cities the US Postal Service accepts for ZIP code 55020. Using any city not on this list may result in mail delivery delays.

City Status
Elko New Market Acceptable
Elko New Market Preferred
Nearby ZIP codes
55054 Elko New Market (1.5 mi) 55088 Webster (4.4 mi) 55044 Lakeville (4.8 mi) 55372 Prior Lake (6.3 mi) 55372 Prior Lake (6.3 mi) 55046 Lonsdale (9.7 mi) 56071 New Prague (11 mi) 55378 Savage (11.8 mi) 55057 Northfield (11.9 mi) 55024 Farmington (12.5 mi) 55352 Jordan (12.6 mi) 55379 Shakopee (13 mi)
Demographics updated 05/2026
Population
Total population 4,319
Population density 181 / sq mi
State FIPS 27
County FIPS 139
Geography
Land area 23.81 sq mi
Water area 0.22 sq mi
Latitude 44.5870
Longitude -93.3745
Timezone Central (CT)
Area code 952
Total population by age
Gender
Race & ethnicity
Economics updated 05/2026
Household income
Income range This ZIP County avg State avg
Under $50k 9.7% 21.1% 33.6%
$50k – $100k 16.9% 28.2% 31.5%
$100k – $200k 59.2% 35.0% 26.5%
Over $200k 14.1% 15.7% 8.5%

Demographics & statistics

4,319
Population
181
People per sq mi
33.7
Median age
$140,417
Median household income
$51,329
Per capita income
$423,100
Median home value
$0
Median monthly rent
99.5%
Home ownership
2.7%
Poverty rate
1.6%
Unemployment
1,453
Housing units
39.6%
Bachelor's or higher

Age distribution

Male Female
176
Under 5
218
150
5–9
186
161
10–14
201
93
15–19
116
108
20–24
134
308
25–34
384
250
35–44
312
225
45–54
279
202
55–59
252
100
60–64
125
82
65–74
103
58
75–84
72
11
85+
13
← Male
Female →

Age summary

GroupCount%
Under 181,26629.3%
18 and over3,05370.7%
65 and over3397.8%
Median age33.7 years

Race & ethnicity

White 91%
Hispanic or Latino 2.7%
Two or more races 2%
Other race 1.6%
Black or African American 1.5%
Asian 1.1%
GroupCount%
White4,04391%
Hispanic or Latino1222.7%
Two or more races902%
Other race701.6%
Black or African American681.5%
Asian471.1%

Household income

Income range This ZIP County avg State avg
Under $50k 9.7% 21.1% 33.6%
$50k – $100k 16.9% 28.2% 31.5%
$100k – $200k 59.2% 35.0% 26.5%
Over $200k 14.1% 15.7% 8.5%
Under $10k 0.4%
$25k–$35k 2.0%
$35k–$50k 9.2%
$50k–$75k 7.0%
$75k–$100k 6.8%
$100k–$150k 27.9%
$150k–$200k 27.4%
$200k+ 19.3%
Range% of households
Under $10k0.4%
$25k–$35k2.0%
$35k–$50k9.2%
$50k–$75k7.0%
$75k–$100k6.8%
$100k–$150k27.9%
$150k–$200k27.4%
$200k+19.3%
Median income$140,417

Housing

Home values

$50k–$100k 4.2%
$200k–$300k 10.9%
$300k–$500k 57.9%
$500k–$1M 25.8%
$1M+ 1.2%

Housing overview

MetricValue
Median home value$423,100
Median rent / month$0
Owner occupied99.5%
Renter occupied0.5%
Vacant5.4%
Single-family detached96.9%
Large apartment buildings0.0%
Mobile homes0.0%
Median rooms8.1
Avg household size (owned)3.09

Year built

Era%
2020 or later1.0%
2010–20199.2%
2000–200935.9%
1990–199916.6%
1980–198914.7%
1970–19796.9%
1960–19698.0%
1950–19590.0%
1940–19492.1%
1939 or earlier5.7%

Bedrooms

Size% of units
No bedroom (studio)0.0%
1 bedroom0.0%
2 bedrooms3.8%
3 bedrooms26.2%
4 bedrooms51.2%
5+ bedrooms18.8%

Vehicles per household

Vehicles% of households
No vehicle0.3%
1 vehicle4.5%
2 vehicles48.0%
3 or more47.2%

Heating fuel

Fuel type%
Utility gas79.6%
Electricity6.7%
Propane / LP gas7.2%
Wood6.0%

Households & families

Household typeCount%
Married-couple family1,02173.9%
Cohabiting couple221.6%
Male householder, no spouse1007.2%
Female householder, no spouse23817.2%
Households with children under 1872052.1%
Households with seniors (65+)31022.4%
Average household size3.11

Marital status

StatusMaleFemale
Never married27.1%29.6%
Married70.5%61.1%
Separated0.0%0.0%
Widowed1.4%5.9%
Divorced1.0%3.4%

Education

Less than 9th grade 1.9%
Some HS, no diploma 1.7%
HS graduate 18.2%
Some college, no degree 18.3%
Associate's degree 20.4%
Bachelor's degree 26.2%
Graduate / professional 13.4%
Metric%
HS diploma or higher96.5%
Bachelor's or higher39.6%

School enrollment (ages 3–17)

TypeCount%
Nursery / preschool1038.3%
Kindergarten867.0%
Elementary school56745.8%
High school20416.5%
College / grad school27722.4%

Employment

Industry of employment

Education & healthcare 21.3%
Finance & real estate 11.5%
Retail trade 10.5%
Professional & management 10.1%
Manufacturing 9.3%
Construction 8.3%
Transportation & utilities 6.9%
Public administration 6.9%
Arts, food & hospitality 5.9%
Other services 3.0%
Information 2.7%
Wholesale trade 2.2%
Agriculture & mining 1.4%

Occupation

Category%
Management, business & arts48.6%
Service16.4%
Sales & office22.0%
Natural resources & construction5.3%
Production & transportation7.7%

Employment type

Type%
Private sector79.5%
Government15.3%
Self-employed5.2%
Unpaid family workers0.0%

Commute

Method%
Drive alone78.1%
Carpool4.4%
Public transit1.2%
Walk0.2%
Work from home15.7%
Other means0.5%
Avg commute (minutes)30.2

Poverty

All people 2.7%
Under 18 years 4.1%
18 and over 2.1%
Married-couple families 1.2%
Female-led households 2.7%

Income support

Source% of households
Social Security24.2%
Retirement income26.2%
Supplemental Security1.2%
Cash public assistance0.0%
Food stamps / SNAP0.0%

Health indicators

Condition%
Obesity34.1%
High blood pressure24.0%
High cholesterol27.0%
Diabetes6.0%
Heart disease3.6%
Stroke1.7%
Asthma8.4%
Arthritis16.9%
Kidney disease1.8%
Pulmonary disease3.3%
Cancer5.1%
Behavior / access%
Smoking14.1%
Binge drinking22.6%
No physical activity14.2%
Less than 7 hrs sleep27.1%
Depression20.5%
Fair or poor health7.7%
Poor mental health12.7%
Poor physical health6.7%
No health insurance8.2%
Visited doctor (checkup)65.6%
Visited dentist74.8%
Cholesterol screening90.6%
Teeth loss6.1%

Veterans & disability

VeteransCount%
Civilian veterans872.9%
Disability%
Any disability4.8%
Under 182.0%
18–64 years5.0%
65 and over14.7%

Health insurance coverage

Type%
Private insurance89.5%
Public insurance14.8%
No insurance2.3%
Uninsured under 193.0%

Language & origin

Language spoken at home (age 5+)

LanguageCount%
English only3,92590.9%
Spanish651.7%
Other Indo-European300.8%
Asian & Pacific Islander00.0%
Other languages20.1%

Place of birth & citizenship

OriginCount%
Native born (US)4,15596.2%
Born in same state4,13395.7%
Born in different state3,14072.7%
Foreign born220.5%
Naturalized citizen1643.8%
Not a US citizen11268.3%

Ancestry

AncestryCount%
Polish80518.6%
Italian45610.6%
French3117.2%
Arab2586%
AncestryCount%
Dutch390.9%
German210.5%
English210.5%

Technology access

Metric% of households
Computer access32.0%
Internet access99.6%

Source: U.S. Census Bureau, American Community Survey 2025 estimates.

Frequently asked questions about ZIP code 55020

What city is ZIP code 55020 in?

ZIP code 55020 is primarily assigned to Elko New Market, Minnesota.

What county is ZIP code 55020 in?

ZIP code 55020 falls within Scott County, Minnesota.

What is the median household income in ZIP code 55020?

The median household income in ZIP code 55020 is $140,417, above the national median of ~$75,000.

What is the typical home value in ZIP code 55020?

The median home value in ZIP code 55020 is $423,100.

What is the population of ZIP code 55020?

ZIP code 55020 has an estimated population of 4,319 residents, with a density of 181 people per square mile.

What timezone is ZIP code 55020 in?

ZIP code 55020 observes the CST timezone.

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