Comparison to Surrounding Areas
The median household income ($127,280) for 55024 is less than the median household income for 55044 ($141,551), 55068 ($127,798), Empire city ($147,700), and Lakeville city ($139,041). But it's more than 55031 ($114,338), 55033 ($103,988), 55057 ($92,622), 55065 ($119,667), Dakota County ($106,318), and Farmington city ($123,673).
| 55024 | $127,280 |
| Empire city | $147,700 |
| Farmington city | $123,673 |
| Lakeville city | $139,041 |
| Dakota County | $106,318 |
Get Median Household Income for all Zip Codes in Minnesota.
The average household income ($141,206) for 55024 is less than the average household income for 55044 ($171,606), 55068 ($157,006), Empire city ($157,279), and Lakeville city ($163,541). But it's more than 55031 ($128,137), 55033 ($118,889), 55057 ($114,620), 55065 ($137,001), Dakota County ($131,262), and Farmington city ($137,085).
| 55024 | $141,206 |
| Empire city | $157,279 |
| Farmington city | $137,085 |
| Lakeville city | $163,541 |
| Dakota County | $131,262 |
Get Average Household Income for all Zip Codes in Minnesota.
The per-capita income for 55024 is $49,167. The per capita income ($49,167) for 55024 is less than the per capita income for 55044 ($60,343), 55068 ($57,029), Dakota County ($52,084), Empire city ($51,680), and Lakeville city ($57,291). But it's more than 55031 ($48,954), 55033 ($47,501), 55057 ($39,360), 55065 ($47,675), and Farmington city ($48,512).
| 55024 | $49,167 |
| Empire city | $51,680 |
| Farmington city | $48,512 |
| Lakeville city | $57,291 |
| Dakota County | $52,084 |
Get Per-Capita Income for all Zip Codes in Minnesota.
20.9% of households make over $200,000 a year. The percent high income households (20.9%) for 55024 is less than the percent high income households for 55044 (30.1%), 55065 (24.6%), 55068 (25.3%), and Lakeville city (28.7%). But it's more than 55031 (15.5%), 55033 (14.6%), 55057 (12.2%), Dakota County (17.8%), Empire city (19.8%), and Farmington city (18.6%).
| 55024 | 20.9% |
| Empire city | 19.8% |
| Farmington city | 18.6% |
| Lakeville city | 28.7% |
| Dakota County | 17.8% |
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 | |
|---|---|---|---|---|
| 55024 | $63,125 | $130,849 | $153,183 | $71,906 |
| Empire city | $-1 | $145,197 | $182,609 | $106,944 |
| Farmington city | $78,782 | $131,761 | $143,537 | $68,250 |
| Lakeville city | $90,123 | $145,647 | $166,565 | $75,193 |
| Dakota County | $71,218 | $117,213 | $131,940 | $69,739 |
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 55024 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+ | |||||
| 55024 | +/-$7,263 | +/-$6,107 | +/-$1,878 | +/-2.8% | +/-$24,393 | +/-$10,577 | +/-$13,782 | +/-$9,473 |
| Empire city | +/-$19,256 | +/-$15,162 | +/-$5,951 | +/-6.5% | +/-$-1 | +/-$18,807 | +/-$8,617 | +/-$58,261 |
| Farmington city | +/-$7,209 | +/-$6,195 | +/-$2,319 | +/-2.4% | +/-$16,654 | +/-$11,554 | +/-$16,527 | +/-$13,112 |
| Lakeville city | +/-$6,972 | +/-$5,419 | +/-$1,905 | +/-2.2% | +/-$34,685 | +/-$8,445 | +/-$11,834 | +/-$6,465 |
| Dakota County | +/-$1,455 | +/-$2,045 | +/-$751 | +/-0.6% | +/-$8,139 | +/-$2,749 | +/-$3,921 | +/-$2,316 |