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55020 ZIP Code

Elko New Market, Minnesota

December 27, 2025
ZIP Code:55020
City/Town:Elko New Market
County:Scott
State:Minnesota
ZIP Type:Standard
Population:4,319
Median Household Income:$140,417
Per Capita Income:$62,641
Total Housing Units:1,460
Median Home Value:$423,100
Land Area:23.8 sq miles
61.7 sq km
Water Area:0.2 sq miles
0.6 sq km
Coordinates:44.5783, -93.3743

Population Information (55020 zip code)

#%US
Total Population:4,319----
Male:1,92544.6%49.6%
Female:2,39455.4%50.4%
Median Age:33.7 yrs--38.5 yrs
Under 5 years:3949.1%5.7%
5 to 9 years:3367.8%6.0%
10 to 14 years:3628.4%6.5%
15 to 19 years:2094.8%6.6%
20 to 24 years:2425.6%6.7%
25 to 34 years:69216.0%13.7%
35 to 44 years:56213.0%12.9%
45 to 54 years:50411.7%12.4%
55 to 59 years:45410.5%6.5%
60 to 64 years:2255.2%6.4%
65 to 74 years:1854.3%9.7%
75 to 84 years:1303.0%4.8%
85 years and over:240.6%2.0%

Housing Information (55020 zip code)

#%US
Median home value:$423,100--$281,900
Median rooms:8.1--5.5
Median rent:-- / mo.--$1,268 / mo.
Total housing units:1,460----
Occupied housing units:1,38194.6%38.0%
Vacant housing units:795.4%4.6%
Housing tenure:------
Owner-occupied:1,37499.5%64.8%
Renter-occupied:70.5%35.2%

Educational Attainment (55020 zip code)

#%US
Population 25 years and over:2,776----
Less than 9th grade:521.9%4.7%
9th to 12th grade, no diploma:461.7%6.1%
High school graduate:50518.2%26.4%
Some college, no degree:50818.3%19.7%
Associate degree:56720.4%8.7%
Bachelor's degree:72626.2%20.9%
Graduate or professional degree:37213.4%13.7%
Percent high school graduate or higher:--96.5%89.1%
Percent bachelor's degree or higher:--39.6%34.3%

Income Information (55020 zip code)

ValueUS
Median household income:$140,417 / yr.$75,149 / yr.
Mean household income:$157,576 / yr.$105,833 / yr.
Median family income:$144,250 / yr.$92,646 / yr.
Per capita income:$62,641 / yr.$41,261 / yr.

Employment (55020 zip code)

#%US
In labor force:2,553--63.5%
Employed:2,50798.4%96.4%
Unemployed:421.6%5.3%
Not in labor force:643----
Class of Worker:------
Private wage and salary:1,99379.5%79.7%
Government workers:38415.3%14.2%
Self-employed:1305.2%5.9%
Unpaid family workers:00.0%0.1%

Race & Ethnicity (55020 zip code)

#%US
Race (one race):------
White:4,04393.6%61.6%
Black or African American:681.6%12.4%
American Indian/Alaska Native:10.0%1.1%
Asian:471.1%6.0%
Native Hawaiian/Pacific Islander:00.0%0.2%
Some other race:701.6%8.4%
Two or more races:902.1%10.2%
Hispanic or Latino (any race):1222.8%18.7%
Mexican:2235.2%11.2%
Puerto Rican:1042.4%1.8%
Cuban:260.6%0.7%
Other Hispanic or Latino:410.9%5.0%
Not Hispanic or Latino:521.2%81.1%

Income Distribution (55020 zip code)

Household IncomeHouseholds%US
Less than $10,000:60.4%4.9%
$10,000 to $14,999:00.0%3.8%
$15,000 to $24,999:00.0%7.0%
$25,000 to $34,999:272.0%7.4%
$35,000 to $49,999:1279.2%10.7%
$50,000 to $74,999:977.0%16.1%
$75,000 to $99,999:946.8%12.8%
$100,000 to $149,999:38527.9%17.1%
$150,000 to $199,999:37827.4%8.8%
$200,000 or more:26719.3%11.4%

Commute to Work (55020 zip code)

Commute MethodWorkers%US
Drove alone:1,96178.2%67.8%
Carpooled:1104.4%8.7%
Public transportation:301.2%4.2%
Walked:40.2%2.5%
Other means:130.5%0.9%
Worked from home:39315.7%13.8%
Mean travel time to work:30.2 min--26.7 min

Industry (55020 zip code)

Industry SectorWorkers%US
Agriculture, forestry, fishing, mining:351.4%1.6%
Construction:2078.3%6.9%
Manufacturing:2339.3%10.0%
Wholesale trade:562.2%2.4%
Retail trade:26310.5%11.0%
Transportation, warehousing, utilities:1746.9%5.8%
Information:682.7%1.9%
Finance, insurance, real estate:28811.5%6.7%
Professional, scientific, management:25410.1%12.1%
Education, health care, social services:53421.3%23.3%
Arts, entertainment, food services:1475.9%9.0%
Other services:753.0%4.7%
Public administration:1736.9%4.7%

Poverty Status (55020 zip code)

#%US
Poverty Rate:--2.7%8.8%
All people below poverty level:------
Under 18 years:----16.3%
18 to 64 years:----11.0%
65 years and over:----10.3%

Health Insurance (55020 zip code)

#%US
With health insurance:4,19697.2%91.3%
Private health insurance:3,84489.0%67.6%
Public health coverage:63614.7%35.9%
Without health insurance:992.3%8.7%

Benefits & Assistance (55020 zip code)

Households with:#%US
Earnings:1,25490.8%77.4%
Social Security income:33424.2%31.0%
Retirement income:36226.2%21.8%
Supplemental Security Income (SSI):161.2%4.5%
Cash public assistance income:00.0%1.8%
SNAP (food stamps) benefits:00.0%11.4%

Housing Types (55020 zip code)

Structure TypeUnits%US
1-unit, detached:1,41596.9%61.4%
1-unit, attached:453.1%6.1%
2 units:00.0%3.4%
3 or 4 units:00.0%4.3%
5 to 9 units:00.0%4.6%
10 to 19 units:00.0%4.3%
20 or more units:00.0%9.9%
Mobile home:00.0%5.8%
Boat, RV, van, etc.:00.0%0.1%

Year Structure Built (55020 zip code)

Year BuiltUnits%US
Built 2020 or later:151.0%0.6%
Built 2010 to 2019:1349.2%8.2%
Built 2000 to 2009:52435.9%13.5%
Built 1990 to 1999:24216.6%13.2%
Built 1980 to 1989:21414.7%13.2%
Built 1970 to 1979:1016.9%14.6%
Built 1960 to 1969:1178.0%10.2%
Built 1950 to 1959:00.0%9.9%
Built 1940 to 1949:302.1%4.6%
Built 1939 or earlier:835.7%12.0%

Bedrooms (55020 zip code)

Number of BedroomsUnits%US
No bedroom (studio):00.0%2.4%
1 bedroom:00.0%3.0%
2 bedrooms:553.8%9.1%
3 bedrooms:38326.2%15.9%
4 bedrooms:74851.2%18.8%
5 or more bedrooms:27418.8%17.6%

Heating Fuel (55020 zip code)

Fuel TypeUnits%US
Utility gas:1,09979.6%47.1%
Bottled, tank, or LP gas:1007.2%4.9%
Electricity:936.7%40.2%
Fuel oil, kerosene, etc.:00.0%4.2%
Coal or coke:00.0%0.1%
Wood:836.0%1.5%
Solar energy:00.0%0.1%
Other fuel:60.4%0.5%
No fuel used:00.0%0.2%

Vehicles Available (55020 zip code)

VehiclesHouseholds%US
No vehicle available:40.3%8.3%
1 vehicle available:624.5%32.6%
2 vehicles available:66348.0%37.0%
3 or more vehicles available:65247.2%22.1%

Home Value Distribution (55020 zip code)

Value RangeOwner Units%US
Less than $50,000:00.0%5.7%
$50,000 to $99,999:584.2%7.8%
$100,000 to $149,999:00.0%9.2%
$150,000 to $199,999:00.0%10.8%
$200,000 to $299,999:15010.9%19.9%
$300,000 to $499,999:79557.9%24.1%
$500,000 to $999,999:35525.8%17.0%
$1,000,000 or more:161.2%5.6%

Housing Costs (55020 zip code)

ValueUS
Median owner costs (with mortgage):$2,434 / mo.$1,828 / mo.
Median owner costs (no mortgage):$640 / mo.$584 / mo.
Median gross rent:-- / mo.$1,268 / mo.
Average household size (owner-occupied):3.092.53
Average household size (renter-occupied):7.002.38

Households (55020 zip code)

#%US
Total households:1,381----
Married-couple households:1,02173.9%47.5%
Cohabiting couple households:64146.4%7.0%
Male householder, no spouse:1007.2%5.4%
Female householder, no spouse:23817.2%12.7%
Householder living alone:72052.1%28.6%
65 years and over living alone:31022.4%11.8%
Average household size:3.11--2.53
Average family size:3.17----

Marital Status (55020 zip code)

Population 15 years and over#%US
Total:1,516----
Never married:41127.1%37.0%
Now married:1,06970.5%49.5%
Separated:211.4%1.5%
Widowed:151.0%2.6%
Divorced:50733.4%9.3%

School Enrollment (55020 zip code)

Population 3 years and over#%US
Enrolled in school:1,237----
Nursery school, preschool:1038.3%5.8%
Kindergarten:867.0%5.0%
Elementary school (grades 1-8):56745.8%40.5%
High school (grades 9-12):20416.5%21.4%
College or graduate school:27722.4%27.3%

Veterans & Disability (55020 zip code)

#%US
Civilian population 18 years and over:3,049----
Veterans:872.9%6.3%
Civilian noninstitutionalized population:4,295----
With a disability:2074.8%13.4%
Under 18 with disability:2512.1%5.8%
18 to 64 with disability:13565.2%10.4%
65 and over with disability:4722.7%33.4%

Mobility (Residence 1 Year Ago) (55020 zip code)

Population 1 year and over#%US
Same house:3,68085.2%86.9%
Different house:58513.5%13.1%
Same county:376.3%7.0%
Different county:54893.7%3.2%
Different state:25343.2%2.5%
Abroad:00.0%0.4%

Place of Birth (55020 zip code)

#%US
Native born:4,15596.2%86.2%
Foreign born:220.5%13.9%
Naturalized citizen:164745.5%52.7%
Not a citizen:164745.5%47.3%
Foreign-born by region:------
Europe:164745.5%10.5%
Asia:37168.2%31.3%
Africa:33150.0%5.5%
Oceania:00.0%0.5%
Latin America:52236.4%50.0%
Northern America:00.0%2.2%

Language Spoken at Home (55020 zip code)

Population 5 years and over#%US
Total:3,925----
English only:3,73195.1%78.3%
Language other than English:1944.9%21.5%
By language:------
Spanish:671.7%13.3%
Other Indo-European languages:882.2%3.5%
Asian/Pacific Island languages:60.2%3.5%
Other languages:330.8%1.0%

Computers & Internet (55020 zip code)

Households%US
Households with a computer:1,381100.0%93.1%
Households with broadband internet:1,37599.6%89.4%