Comparison to Surrounding Areas
The median household income ($131,071) for 55020 is less than the median household income for 55044 ($141,551), 55054 ($157,096), 55088 ($132,917), 55372 ($145,499), and Elko New Market city ($152,150). But it's more than Scott County ($119,314).
| 55020 | $131,071 |
| Elko New Market city | $152,150 |
| Scott County | $119,314 |
Get Median Household Income for all Zip Codes in Minnesota.
The average household income ($160,866) for 55020 is less than the average household income for 55044 ($171,606), 55054 ($169,178), 55372 ($183,561), and Elko New Market city ($167,599). But it's more than 55088 ($147,937) and Scott County ($149,625).
| 55020 | $160,866 |
| Elko New Market city | $167,599 |
| Scott County | $149,625 |
Get Average Household Income for all Zip Codes in Minnesota.
The per-capita income for 55020 is $53,372. The per capita income ($53,372) for 55020 is less than the per capita income for 55044 ($60,343), 55372 ($65,969), and Scott County ($54,014). But it's more than 55054 ($51,785), 55088 ($53,241), and Elko New Market city ($52,477).
| 55020 | $53,372 |
| Elko New Market city | $52,477 |
| Scott County | $54,014 |
Get Per-Capita Income for all Zip Codes in Minnesota.
20.4% of households make over $200,000 a year. The percent high income households (20.4%) for 55020 is less than the percent high income households for 55044 (30.1%), 55054 (29.1%), 55372 (32.9%), Scott County (24.3%), and Elko New Market city (25.1%). But it's more than 55088 (20.2%).
| 55020 | 20.4% |
| Elko New Market city | 25.1% |
| Scott County | 24.3% |
Get High Income Households for all Zip Codes in Minnesota.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 55020 | $-1 | $154,405 | $166,107 | $86,912 |
| Elko New Market city | $-1 | $152,400 | $166,048 | $72,007 |
| Scott County | $84,492 | $130,861 | $147,398 | $68,347 |
Get Median Household Income by Age of Householder for all Zip Codes in Minnesota.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 55020 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 55020 | +/-$48,762 | +/-$24,650 | +/-$9,115 | +/-7.1% | +/-$-1 | +/-$60,434 | +/-$88,865 | +/-$20,735 |
| Elko New Market city | +/-$13,226 | +/-$19,326 | +/-$6,145 | +/-8.8% | +/-$-1 | +/-$14,653 | +/-$26,044 | +/-$26,142 |
| Scott County | +/-$3,959 | +/-$3,938 | +/-$1,284 | +/-1.5% | +/-$13,187 | +/-$6,291 | +/-$8,509 | +/-$4,359 |