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ZIP code 55020: Elko New Market, MN

55020 is a ZIP code in Elko New Market, Minnesota, mainly in Scott County, part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area. About 4,115 people live here.

Population
4,115
Median household income
$131,071
Typical home value
$522,200+2.8% in 12 months
Median rent
—gross, per month
Median age
36.6
Homeowners
99%of occupied homes
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Shaded: ZIP code 55020's area. Click anywhere on the map to see which ZIP code it's in.

ZIP codes within 10 milesWithin 25 miles

ZIP code 55020 details

CityElko New Market
StateMinnesota
CountyScott County
Metro areaMinneapolis-St. Paul-Bloomington, MN-WI
Time zoneCentral Time (UTC−6), observes daylight saving time
TypeStandard (delivery area)
Land area23.8 sq mi, plus 0.2 sq mi of water
Population density173 people per sq mi
Bachelor's degree or higher36.8% of adults 25+
Average commute29.1 minutes
Center coordinates44.57827, -93.37434

ZIP codes near 55020

ZIP codeCityDistancePopulation
55054Elko New Market, MN1.3 mi2,831
55088Webster, MN3.8 mi1,812
55044Lakeville, MN6.5 mi64,762
55372Prior Lake, MN7.4 mi34,772
55046Lonsdale, MN9.5 mi6,145
56071New Prague, MN10.5 mi13,157
55010Castle Rock, MN11.1 mi—
55306Burnsville, MN11.3 mi16,830

Population and median household income: ACS 2020–2024 5-year estimates. Typical home value: Zillow Home Value Index (September 2026) where available, otherwise the ACS median owner-reported value. "PO Box" marks ZIP codes with no delivery area of their own. Methodology

Buying a home in 55020?

A typical home in ZIP code 55020 is worth about $522,200 (Zillow Home Value Index). The median household here earns $131,071 a year. See what buying here would cost per month, with Minnesota average taxes and insurance filled in.

Monthly payment for a $522,200 homeWhat can a $131,071 income afford?Rental property numbers

About ZIP code 55020

What city is ZIP code 55020?

ZIP code 55020 is in Elko New Market, MN, in Scott County.

What county is ZIP code 55020 in?

55020 is mainly in Scott County, Minnesota.

What is the population of ZIP code 55020?

About 4,115 people live in ZIP code 55020, according to the American Community Survey 2020–2024 5-year estimates.

What time zone is ZIP code 55020 in?

55020 is in Central Time (UTC−6). It observes daylight saving time.

What other ZIP codes does Elko New Market have?

Elko New Market, MN also uses 55054.