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ZIP Code 55020

Elko New Market, MN, Scott County

Population

4,115

Land area

23.8sq mi

People per sq mi

173

City

Elko New Market

ZIP 55020 and nearby ZIP codes

ZIP 55020 at a glance

  • ZIP 55020 (Elko New Market) is about 2.4 times as dense as Minnesota as a whole.
  • The median household income is $131,071, 47% above the Minnesota median of $89,062.
  • A typical owner-occupied home is valued at $455,500 (38% above Minnesota).

Local data for ZIP 55020

Counts from official public data

Housing and community stats

ZIP 55020, American Community Survey 2020-2024

Full profile

Median household income

$131,071

Poverty rate

0.7%

Median home value

$455,500

Prices +0.1% in a year

Homeownership

99.0%

Bachelor's or higher

36.8%

Median age

36.6

Average commute

29.1 min

Income, education and commute

Economy and federal money

Businesses, pandemic loans and political donations

Details

Business establishments

92

ZIP Business Patterns 2023

Employees

239

$18.4M annual payroll

PPP loans

$7.6M

139 loans

Campaign donations

$16.9K

26% D, 41% R, 2026 cycle

PPP loans in this ZIP

Environment and hazard risk

ZIP 55020, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively Low

Top: strong wind

Storm events since 1996

619

Countywide, mostly hail

Flood insurance policies

117

0.2% of homes, county

July high / Jan low

82° / 8°F

32.3 inches of rain a year

Hazards, floods and storm historyCheck a flood zone

Health statistics

Share of adults in ZIP 55020, CDC PLACES estimates

All 40 measures

Obesity

32.8%

U.S. 33.3% -0.5 pts

Diabetes

8.5%

U.S. 12.1% -3.6 pts

Smoking

12.6%

U.S. 12.8% about the same

Uninsured (18-64)

5.6%

U.S. 11.1% -5.5 pts

Frequently asked questions

What city is ZIP code 55020?
ZIP code 55020 is in Elko New Market, MN (Scott County).
What county is ZIP code 55020 in?
ZIP code 55020 is mostly in Scott County, Minnesota.
How many people live in ZIP code 55020?
About 4,115 people live in the 55020 ZIP Code Tabulation Area, based on American Community Survey 5-year estimates.

Source: U.S. Census Bureau (ZIP Code Tabulation Areas, American Community Survey) · Data as of 12/31/2023. ZIP Code Tabulation Areas closely match, but are not identical to, USPS ZIP code delivery areas.