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55020 in Elko New Market, MN

A complete zip code guide

Should you move to the 55020 zip code?

The 55020 zip code is part of Elko New Market, Minnesota and home to 4,349 residents. Over the past decade, 55020 has seen an increase in population of 22.4%, ranking it #50 in Minnesota for population growth.

Homes in 55020 were built primarily in 2000 to 2009 followed by 1980 to 1999. single-family homes are the most common type of residence in the zip code with 4 or more bedrooms.

Is living in 55020, MN right for you?

Based on the aged population, plus factors like weather and affordability, 55020 is not ideal for retirees. Families are 92.9% of households, which is one consideration for why this zip code is excellent for families —  with a grade of A — and bad for singles — earning a F.

55020 earned a C grade for Young Professionals.

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How Does 55020 Rank?

D
Retirement
F
Diversity
C
Professionals
A
Raising a Family

Who Lives in 55020?

Discover more about the people who make up the zip code

Total Population

4,349

10-Year Change

22.4%

Family Households

92.9%

Total Households

1,373

Diversity

White alone
95.7%
Black or African American alone
0%
American Indian and Alaska Native alone
0%
Asian alone
1.4%
Native Hawaiian and Other Pacific Islander alone
0%
Hispanic or Latino
2%

How does 55020 compare?

Education Attainment

High School Graduates
95.8%
Bachelors Degree
27.3%

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Housing in 55020

Buying or renting? Here’s more about real estate in the zip code.

Total Households

1,373

Own vs. Rent

Own 99.1%
Rent 0.946831755%

Typical Age of Homes

2000 to 2009

Common Residence Type

single-family homes

Moving advice

Increase your odds of a quick sale, earning more money, or saving your rental deposit by . A study by HomeLight found home sellers who invest in cleaners earned $3,700 more.Ìý

Cost of Living in Minnesota

How Does Minnesota Compare?

26
in Cost of Living
22
in Minimum Wage
34
in Living Wage

Minnesota State Taxes

Don't forget!

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Renter’s insurance protects you, your guests, and your things. Lemonade offers renters insurance plans for as low as $5 per month.

Should you move to Minnesota?

Minnesota, the Land of 10,000 Lakes, is a place of stunning natural beauty, hearty resilience, and innovative industries. Famous for its friendly residents, numerous recreational opportunities, and high quality of life, Minnesota offers a wholesome, well-rounded lifestyle.

Minnesota’s economy is robust and balanced, with significant contributions from healthcare, manufacturing, retail, and technology. The Minneapolis-St. Paul metro area, also known as the Twin Cities, is a bustling hub for business and the arts.

Living in Minnesota offers a range of experiences. Enjoy the vibrant cultural scene in Minneapolis, the historic charm of St. Paul, or the outdoor adventures offered by the state’s numerous lakes and parks. Whether you’re fishing on Lake Superior, biking around Minneapolis, or enjoying the arts scene in the Walker Art Center, there’s something for everyone.

Education is highly valued in Minnesota, with high-quality public schools and renowned higher education institutions like the University of Minnesota and Carleton College.

So, if you’re looking for a state that offers an active lifestyle, a diversified economy, and a commitment to education, Minnesota might be a perfect fit. Just remember to invest in a good winter coat and prepare to become a hockey fan!

Need some help with your move?

Moving labor can be hired by the hour, helping you budget for the heavy stuff or your entire move.

55020 Economy

The industries, jobs, and economics of the zip code

Median Household Income

$135,375

National $70,784

Below Poverty Level

3.5%

How does 55020 compare?

Primary Industry

Educational services, and health care and social assistance

Primary Occupation

Educational services, and health care and social assistance

Schools in 55020

Learn more about the school district for this zip code.

Minnesota

Minneapolis

Minnesota

St. Paul

Minnesota

Rochester

Minnesota

Bloomington

Minnesota

Duluth

Minnesota

Brooklyn Park

Minnesota

Plymouth

Minnesota

Woodbury

Minnesota

Maple Grove

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