ZIP Code 55031

ZIP Code Tabulation Area in Dakota County, Minnesota.

Population: 1,682
Median household income: $113,654
Median home value: $393,400

ZIP Code 55031 is a ZIP Code Tabulation Area in Dakota County, Minnesota, home to about 1,682 residents. Its median household income of $113,654 runs above the Dakota County figure of $105,212.

Between 2019 and 2023, ZIP Code 55031's population declined 16.2% from 2,008 to 1,682, while its median gross rent rose 19.8% from $965 to $1,156.

79.0% of workers drive to work alone. 87.3% of homes are single-family detached houses.

Demographics

ACS 2019–2023

Population: 1,682
Median age: 44.3 yrs
Median household income: $113,654
Median home value: $393,400
Median gross rent: $1,156
Housing units: 726
Homeownership rate: 93.6%
Bachelor's degree or higher: 20.3%
Unemployment rate: 2.9%

Trends

ACS 5-year · 2019–2023

Population

2,0081,682

Median household income

$106,776$113,654

Median home value

$285,200$393,400

Median gross rent

$965$1,156

Year	Population	Median household income	Median home value	Median gross rent
2019	2,008	$106,776	$285,200	$965
2020	1,848	$101,563	$300,000	$980
2021	1,748	$99,028	$323,400	$941
2022	1,880	$105,833	$366,900	$980
2023	1,682	$113,654	$393,400	$1,156

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.6%

5 to 1715.7%

18 to 246.9%

25 to 349.7%

35 to 4414.3%

45 to 5410.3%

55 to 6420.1%

65 to 7410.6%

75 and over7.7%

	Count	Share
Under 5	78	4.6%
5 to 17	264	15.7%
18 to 24	116	6.9%
25 to 34	163	9.7%
35 to 44	241	14.3%
45 to 54	173	10.3%
55 to 64	338	20.1%
65 to 74	179	10.6%
75 and over	130	7.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,548	92.0%
Black or African American	6	0.4%
American Indian & Alaska Native	2	0.1%
Asian	9	0.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	56	3.3%
Hispanic or Latino (any race)	61	3.6%

Educational attainment (age 25+)

No high school diploma5.0%

High school graduate38.2%

Some college or associate's36.5%

Bachelor's degree15.6%

Graduate or professional degree4.7%

	Count	Share
No high school diploma	61	5.0%
High school graduate	468	38.2%
Some college or associate's	447	36.5%
Bachelor's degree	191	15.6%
Graduate or professional degree	57	4.7%

Commute to work

Mean travel time to work: 27 min

Drove alone79.0%

Carpooled6.4%

Public transit0.0%

Walked1.1%

Bicycle0.0%

Worked from home13.1%

Other means0.4%

How workers get to work

	Count	Share
Drove alone	737	79.0%
Carpooled	60	6.4%
Public transit	0	0.0%
Walked	10	1.1%
Bicycle	0	0.0%
Worked from home	122	13.1%
Other means	4	0.4%

Travel time

	Count	Share
Under 15 min	158	19.5%
15 to 29 min	305	37.6%
30 to 44 min	242	29.8%
45 to 59 min	39	4.8%
60+ min	67	8.3%

Households

Average household size: 2.55
Poverty rate: 4.2% (71 of 1,682)

	Count	Share
Family households	501	75.9%
Nonfamily households	159	24.1%

Housing

Median year structure built: 1982

Occupancy

	Count	Share
Occupied	660	90.9%
Vacant	66	9.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	618	93.6%
Renter-occupied	42	6.4%

1-unit, detached87.3%

1-unit, attached3.6%

2 to 4 units2.8%

5 to 19 units5.0%

20 or more units0.0%

Mobile home & other1.4%

Units in structure

	Count	Share
1-unit, detached	634	87.3%
1-unit, attached	26	3.6%
2 to 4 units	20	2.8%
5 to 19 units	36	5.0%
20 or more units	0	0.0%
Mobile home & other	10	1.4%

ZIP Code 55031

Demographics

Trends

Age distribution

Race & ethnicity

Educational attainment (age 25+)

Commute to work

Households

Housing

Geography

Counties this ZIP covers

Compare with nearby ZIP codes

National ZIP rankings

Nearby ZIP codes