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Zip Code 55024 Map And Demographics

Home»Minnesota State»Dakota County»Farmington»Zip Code 55024
  • Population
    32,031
  • Density
    360 / sqml.
  • Med. Home Value
    $218,000
  • Med. Rent
    $1,062

Zip Code Rankings

The table shows the top 5 positions of zip code 55024 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value
#1,279 Top Zip Codes With The Highest Number Of Owner-occupied Housing Units 9858
#2,721 Top Zip Codes With The Largest Population 32031 Residents
#3,949 Top Zip Codes With The Highest Number Of Housing Units 11300
#4,041 Top Zip Codes With The Highest Median Apartment Rent $1,062
#4,967 Top Zip Codes With The Most Business Establishments 443

Population breakdown by gender

Population in zip code 55024 is 32,031 residents | Male to Female ratio is 1:1.05 | Zip Code 55024 land area is 89.0222 sq. miles | Population density is 359.81 residents per square mile

Median age

  Median Age
Zip Code Median Age 33.1
Median Age - Male 33.5
Median Age - Female 32.6

Median age of zip code 55024 is 12.4% lower compared to nearby zip codes and 11% lower compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 55024 is 8.7% lower compared to nearby zip codes and 6.4% lower compared to the United States male median age. Female zip code 55024 median age is 15.8% lower in comparison to nearby zip codes and 15.3% lower compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 29231
Black or African American population 745
Asian population 1116
American Indian and Alaska Native population 74
Native Hawaiian and other Pacific Islander population 4
Other population 360

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0.1% Czech 1.7%
Danish 2% Dutch 3.3%
English 5.9% French No Basque 4.6%
French Canadian 1% German 42.5%
Greek 0.2% Hungarian 0.2%
Irish 13.7% Italian 2%
Lithuanian 0% Norwegian 18.4%
Polish 4.3% Portuguese 0%
Russian 0.4% Scotch-Irish 0.8%
Scottish 2% Slovak 0.5%
Subsaharan African 0.2% Swedish 7.6%
Swiss 0.4% Ukrainian 0.4%
USA 2.9% Welsh 0.4%
West Indian No Hispanic Groups 0.2% Other Ancestries 10.9%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 8674
Married couples 86%
Other couples 14%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 4.53% 10.36%
$30,000 and $50,000 8.82% 10.75%
$50,000 and $100,000 45.6% 42.15%
$100,000 and $200,000 38.68% 34.39%
$200,000 or more 2.37% 2.35%

Households by size

Household language

Language Spoken Percent
English language 94.08%
Spanish language 1.78%
Other European language 1.53%
Asian language 2.1%
Other language 0.5%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 10858
Detached housing units 71.79%
Attached housing units 18.86%
2 units 0.57%
3 - 4 units 0.3%
5 - 9 units 0.68%
10 - 19 units 1.26%
20 - 49 units 1.01%
50 or more units 1.05%
Mobile homes 4.47%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 93.42%
Use public transportation 2.06%
Use Motorcycle 0.26%
Use bicycle 0.08%
Walk to work 0.42%
Work at home 3.77%

School attendance

Attendance Percent
Attent Preschool programs 5.6%
Attend Public School 21.18%
Attend college undergraduate program 4.01%
Attent graduate studies 1.32%
Not enrolled in school 67.89%

Highest school attainment

Attainment Percent
Less then 9th grade 1.06%
Grade 9 to 12, no diploma 3%
High school diploma 22.9%
Some college, no degree 28.67%
Associate degree 14.76%
Bachelor's degree 27.73%
Graduate or professional degree 1.89%

Business Counts by Industry

Industry Type Count
Total of all sectors 443
Construction 105
Professional, Scientific, and Technical Services 46
Other Services (except Public Administration) 45
Administrative and Support and Waste Management and Remediation Services 37
Retail Trade 37
Accommodation and Food Services 27
Health Care and Social Assistance 26
Finance and Insurance 22
Manufacturing 21
Wholesale Trade 20
Transportation and Warehousing 16
Real Estate and Rental and Leasing 15
Arts, Entertainment, and Recreation 15
Information 5
Educational Services 4
Utilities 1
Industries not classified 1

Real Estate

Metric Value
Housing occupied 96.09%
Housing vacant 3.91%
Housing occupied by owner 90.79%
Housing occupied by tenant 9.21%
Total Rented Units 1000
Median Contract Gross Rent $924
Median Gross Rent $1,062
Median Home Value $218,000

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 55024 median gross rent is 14.94% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $590
1 Bedroom $690
2 Bedrooms $840
3 Bedrooms $1,100
4 Bedrooms $1,240
AVERAGE RENT $892

Average rent in zip code 55024 ($892.00) is 13.8% lower compared to nearby zip codes and 4.6% lower compared to the average rent in the US. The following illustrates how zip code 55024 rent compares to the nearby zip code rents by unit type: studio apartment rent is 13.6% lower, one bedroom apartment rent is 14.3% lower, two bedroom rent is 13.9% lower, three bedroom rent is 13.8% lower, four bedroom rent is 13.6% lower.

Housing units

Housing Unit Percent
Total housing units 11300
Detached housing units 70.86%
Attached housing units 19.61%
2 units 0.55%
3 - 4 units 0.29%
5 - 9 units 0.65%
10 - 19 units 1.21%
20 - 49 units 0.97%
50 or more units 1.1%
Mobile homes 4.75%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $27,629,300
Real estate taxes paid for units with a mortgage $24,685,700
Real estate taxes paid for units with no mortgage $2,943,600

Nearby Zip Code Income Per Capita Comparison

Compare Zip Codes

or compare zip code 55024 to other nearby zip codes.

Zip Codes Near 55024

Zip Code City County Distance
55068 Rosemount Dakota 3.51 ml
55044 Lakeville Dakota 5.7 ml
55010 Castle Rock Dakota 6.43 ml
55124 Saint Paul Dakota 8.07 ml
55033 Hastings Dakota 8.51 ml
55065 Randolph Dakota 8.7 ml
55085 Vermillion Dakota 8.8 ml
55306 Burnsville Dakota 9.21 ml
55031 Hampton Dakota 9.38 ml
55337 Burnsville Dakota 9.89 ml