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55024

Zip code 55024: Farmington, Minnesota

Residential delivery areaDakota CountyCentral Time
Population
37,287
Median household income
$127K
U.S. $81K
Median home value
$379K
U.S. $333K
Median rent
$1,483/mo
U.S. $1,413
Median age
36.1
U.S. 38.9
Land area
85 sq mi
438 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 55024

55024 is a small-town zip code in Farmington, Minnesota (Dakota County), covering 85 sq mi of land. About 37,287 people live here, or 438 per square mile. The median resident is 36.1 years old, compared with 38.9 nationally.

The median household earns $127,280 a year, 58% above the national median of $80,734. 3.9% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $378,700, or 3.0 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 89% of occupied homes are lived in by their owners, and renters pay a median of $1,483 a month.

38% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 27.2 minutes each way, and 19% of workers work from home. The most common jobs among working residents are in management; office and administrative support; and sales.

How 55024 compares

Sorted from highest to lowest national percentile

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Median age
36.1
Under 18
27.8%
65 and over
9.2%

Race and ethnicity

  • White83%
  • Black4%
  • Hispanic5%
  • Asian3%
  • Native American0.0%
  • Pacific Islander0%
  • Other0.4%
  • Multiracial4%
Diversity index
30.7
U.S. 61.4
Foreign-born
5.2%
U.S. 14.1%
Born in state
69.8%

Language spoken at home (households)

English only
89%
Spanish
3%
Other Indo-European
3%
Asian / Pacific
2%
Other
2%

Households

Households
12,760
Average household size
2.9
Family households
78.6%
Married couples
62.4%
Living alone
16.9%
Veterans (of adults)
6%
Male / female
51% / 49%

Income and poverty

Household income distribution

<$25k
5%
$25–50k
9%
$50–75k
10%
$75–100k
12%
$100–150k
25%
$150–200k
17%
$200k+
21%

Median household income

55024
$127,280
Dakota Co.
$106,318
Minnesota
$89,062
United States
$80,734
Per capita income
$49,167
U.S. $44,673
Poverty rate
3.9%
U.S. 12.5%
Households earning $150K+
38.2%
U.S. 23%
Income inequality (Gini)
0.351
U.S. 0.483

Housing

Median home value

55024
$378,700
Dakota Co.
$381,000
Minnesota
$329,300
United States
$332,700

Median gross rent

55024
$1,483
Dakota Co.
$1,548
Minnesota
$1,280
United States
$1,413

Types of housing

Single-family
89%
2–4 units
2%
5–19 units
1%
20+ units
5%
Mobile home
3%
Boat, RV, van
0.2%
Housing units
13,056
Owner-occupied
88.7%
Vacant
2.3%
Median year built
1997
Median rooms
7.1
Renters paying 30%+ of income
50.9%
Renters paying 50%+ of income
21.4%
Home value to income
3.0× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone
72%
Carpooled
7%
Transit
0.4%
Walked
0.9%
Bicycle
0%
Worked from home
19%
Other
0.7%

Commute time (one way)

<10 min
10%
10–19
24%
20–29
24%
30–44
26%
45–59
10%
60+
6%
Average commute
27.2 min
U.S. 26.4 min
Unemployment
2.9%
U.S. 5.2%
In labor force
77.5%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management
13%
Office and admin
11%
Sales
10%
Construction and repair
9%
Business and finance
9%
Healthcare
9%
Transportation and moving
6%
Production
6%
Cleaning and personal care
6%
Education
5%
Computer and math
4%
Food service
4%
Engineering and science
4%
Legal and social services
1%
Arts, media and sports
1%
Police and fire
1%
Farming, fishing and forestry
0.2%

Industries

Health care and social assistance
14%
Manufacturing
13%
Finance, insurance and real estate
11%
Retail
10%
Education
8%
Construction
7%
Transportation, warehousing and utilities
7%
Professional and technical services
6%
Other services
5%
Public administration
4%
Restaurants and hotels
4%
Wholesale
3%
Admin, support and management
3%
Arts and recreation
2%
Information
1%
Agriculture and mining
0.9%
Median earnings per worker
$66,549
U.S. $49,666
Self-employed
6.9%
U.S. 10%
Government workers
12.7%
U.S. 14.5%
Nonprofit workers
7.9%
U.S. 8.8%

Median earnings by type of work

Type of work55024U.S.
Management, business, science and arts$86,219$74,888
Service$39,120$26,804
Sales and office$58,610$40,476
Construction and maintenance$72,813$49,199
Production and transportation$55,592$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma
6%
High school
21%
Some college
22%
Associate's
14%
Bachelor's
29%
Graduate
9%
High school graduate or higher
94.4%
Bachelor's degree or higher
37.5%
Graduate or professional degree
8.5%
Households with broadband
97%
Cable, fiber or DSL
85.9%
No internet access
1.7%
Without health insurance
3.1%
Limited-English households
1.3%

Geography

City (USPS)
Farmington
Center point
44.6287° N, 93.1356° W
Land area
85 sq mi
Water area
1.1 sq mi
Time zone
Central Time (UTC-6, UTC-5 in summer)
Zip type
Residential delivery area

Cities and towns within this zip

  • Farmington17% of zip
  • Lakeville2% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 55024

ZipCityDistanceIncome
55010Castle Rock · PO box5.7 mi—
55044Lakeville7 mi$141,551
55065Randolph7.7 mi$119,667
55068Rosemount8.2 mi$127,798
55124Saint Paul8.6 mi$97,727
55031Hampton8.6 mi$114,338
55085Vermillion8.9 mi$107,500
55306Burnsville10 mi$100,515
55057Northfield11 mi$92,622
55054Elko New Market11 mi$157,096
55123Saint Paul12 mi$139,215
55122Saint Paul12 mi$96,823

Zip codes like 55024 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 55024

What city is zip code 55024?

55024 is assigned to Farmington, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 55024 in?

55024 is in Dakota County, Minnesota.

What is the population of 55024?

About 37,287 people live in 55024, according to the Census Bureau's American Community Survey.

What time zone is 55024 in?

55024 is in Central Time.

What is the median household income in 55024?

The median household income in 55024 is $127,280.

What zip codes are near 55024?

The closest zip codes to 55024 are 55010, 55044, 55065, 55068, 55124.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55024, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.