ZIP Code 55123
ZIP Code Tabulation Area in Dakota County, Minnesota.
- Population
- 27,288
- Median household income
- $134,265
- Median home value
- $442,000
+4.7%’19–’23
+12.7%’19–’23
+31.0%’19–’23
ZIP Code 55123 (Dakota County, Minnesota) is home to about 27,288 residents. The median household income of $134,265 is above the Dakota County median ($105,212).
Between 2019 and 2023, ZIP Code 55123's population grew 4.7% from 26,051 to 27,288, while its median gross rent rose 26.6% from $1,258 to $1,593.
White (non-Hispanic) residents are the largest group, 76.9% of the population. 69.2% of workers drive to work alone.
Demographics
ACS 2019–2023- Population
- 27,288
- Median age
- 40.4 yrs
- Median household income
- $134,265
- Median home value
- $442,000
- Median gross rent
- $1,593
- Housing units
- 10,260
- Homeownership rate
- 80.8%
- Bachelor's degree or higher
- 64.3%
- Unemployment rate
- 1.8%
Trends
ACS 5-year · 2019–202326,05127,288
$119,162$134,265
$337,500$442,000
$1,258$1,593
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 26,051 | $119,162 | $337,500 | $1,258 |
| 2020 | 26,821 | $120,131 | $346,200 | $1,331 |
| 2021 | 27,555 | $123,393 | $356,800 | $1,402 |
| 2022 | 27,821 | $131,344 | $416,100 | $1,472 |
| 2023 | 27,288 | $134,265 | $442,000 | $1,593 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 55.7%
5 to 1718.7%
18 to 246.7%
25 to 3411.4%
35 to 4415.7%
45 to 5410.6%
55 to 6417.5%
65 to 749.9%
75 and over3.8%
| Count | Share | |
|---|---|---|
| Under 5 | 1,552 | 5.7% |
| 5 to 17 | 5,094 | 18.7% |
| 18 to 24 | 1,826 | 6.7% |
| 25 to 34 | 3,109 | 11.4% |
| 35 to 44 | 4,282 | 15.7% |
| 45 to 54 | 2,899 | 10.6% |
| 55 to 64 | 4,789 | 17.5% |
| 65 to 74 | 2,694 | 9.9% |
| 75 and over | 1,043 | 3.8% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 20,979 | 76.9% |
| Black or African American | 929 | 3.4% |
| American Indian & Alaska Native | 44 | 0.2% |
| Asian | 2,779 | 10.2% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 71 | 0.3% |
| Two or more races | 839 | 3.1% |
| Hispanic or Latino (any race) | 1,647 | 6.0% |
Educational attainment (age 25+)
No high school diploma1.3%
High school graduate8.9%
Some college or associate's25.4%
Bachelor's degree38.0%
Graduate or professional degree26.4%
| Count | Share | |
|---|---|---|
| No high school diploma | 246 | 1.3% |
| High school graduate | 1,683 | 8.9% |
| Some college or associate's | 4,779 | 25.4% |
| Bachelor's degree | 7,144 | 38.0% |
| Graduate or professional degree | 4,964 | 26.4% |
Commute to work
- Mean travel time to work
- 21 min
Drove alone69.2%
Carpooled3.9%
Public transit1.1%
Walked1.3%
Bicycle0.1%
Worked from home23.5%
Other means0.9%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 10,575 | 69.2% |
| Carpooled | 601 | 3.9% |
| Public transit | 172 | 1.1% |
| Walked | 202 | 1.3% |
| Bicycle | 10 | 0.1% |
| Worked from home | 3,592 | 23.5% |
| Other means | 131 | 0.9% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 3,488 | 29.8% |
| 15 to 29 min | 4,566 | 39.1% |
| 30 to 44 min | 2,911 | 24.9% |
| 45 to 59 min | 483 | 4.1% |
| 60+ min | 243 | 2.1% |
Households
- Average household size
- 2.66
- Poverty rate
- 2.1% (576 of 27,208)
| Count | Share | |
|---|---|---|
| Family households | 7,731 | 75.8% |
| Nonfamily households | 2,468 | 24.2% |
Housing
- Median year structure built
- 1989
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 10,199 | 99.4% |
| Vacant | 61 | 0.6% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 8,243 | 80.8% |
| Renter-occupied | 1,956 | 19.2% |
1-unit, detached69.1%
1-unit, attached10.9%
2 to 4 units2.7%
5 to 19 units5.1%
20 or more units11.7%
Mobile home & other0.5%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 7,090 | 69.1% |
| 1-unit, attached | 1,117 | 10.9% |
| 2 to 4 units | 280 | 2.7% |
| 5 to 19 units | 521 | 5.1% |
| 20 or more units | 1,205 | 11.7% |
| Mobile home & other | 47 | 0.5% |
Geography
- ZCTA
- 55123
- Land area
- 11 sq mi
- Water area
- 0.93 sq mi
- Center point
- 44.8024, -93.1391
Counties this ZIP covers
1Compare with nearby ZIP codes
6National ZIP rankings
21- Largest by population
- Most densely populated
- Highest median household income
- Highest median home value
- Most affordable home values
- Highest median gross rent
- Cheapest median gross rent
- Oldest by median age
- Youngest by median age
- Most college-educated
- Highest poverty rate
- Lowest poverty rate
- Highest homeownership rate
- Lowest homeownership rate
- Longest commutes
- Shortest commutes
- Largest households
- Newest housing
- Oldest housing
- Fastest-growing (2019–2023)
- Fastest-shrinking (2019–2023)