ZIP Code 55920
ZIP Code Tabulation Area in Olmsted County, Minnesota.
- Population
- 8,747
- Median household income
- $126,102
- Median home value
- $356,900
+11.6%’19–’23
+33.0%’19–’23
+48.0%’19–’23
ZIP Code 55920 is a ZIP Code Tabulation Area in Olmsted County, Minnesota, home to about 8,747 residents. At $126,102, its median household income sits above Olmsted County's $93,494.
From 2019 to 2023, ZIP Code 55920's population grew 11.6% from 7,840 to 8,747, while its median gross rent rose 12.0% from $969 to $1,085.
70.1% of workers drive to work alone. 82.1% of homes are single-family detached houses.
Demographics
ACS 2019–2023- Population
- 8,747
- Median age
- 39.4 yrs
- Median household income
- $126,102
- Median home value
- $356,900
- Median gross rent
- $1,085
- Housing units
- 3,294
- Homeownership rate
- 83.8%
- Bachelor's degree or higher
- 47.8%
- Unemployment rate
- 3.9%
Trends
ACS 5-year · 2019–20237,8408,747
$94,798$126,102
$241,200$356,900
$969$1,085
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 7,840 | $94,798 | $241,200 | $969 |
| 2020 | 7,555 | $104,180 | $263,500 | $1,088 |
| 2021 | 8,175 | $112,841 | $285,600 | $1,000 |
| 2022 | 8,523 | $127,566 | $326,800 | $998 |
| 2023 | 8,747 | $126,102 | $356,900 | $1,085 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 54.7%
5 to 1725.2%
18 to 245.8%
25 to 3410.7%
35 to 4415.3%
45 to 5414.3%
55 to 649.5%
65 to 748.4%
75 and over6.1%
| Count | Share | |
|---|---|---|
| Under 5 | 412 | 4.7% |
| 5 to 17 | 2,202 | 25.2% |
| 18 to 24 | 511 | 5.8% |
| 25 to 34 | 933 | 10.7% |
| 35 to 44 | 1,335 | 15.3% |
| 45 to 54 | 1,252 | 14.3% |
| 55 to 64 | 832 | 9.5% |
| 65 to 74 | 737 | 8.4% |
| 75 and over | 533 | 6.1% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 7,876 | 90.0% |
| Black or African American | 120 | 1.4% |
| American Indian & Alaska Native | 0 | 0.0% |
| Asian | 181 | 2.1% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 5 | 0.1% |
| Two or more races | 267 | 3.1% |
| Hispanic or Latino (any race) | 298 | 3.4% |
Educational attainment (age 25+)
No high school diploma1.0%
High school graduate21.1%
Some college or associate's30.1%
Bachelor's degree27.7%
Graduate or professional degree20.1%
| Count | Share | |
|---|---|---|
| No high school diploma | 58 | 1.0% |
| High school graduate | 1,188 | 21.1% |
| Some college or associate's | 1,690 | 30.1% |
| Bachelor's degree | 1,556 | 27.7% |
| Graduate or professional degree | 1,130 | 20.1% |
Commute to work
- Mean travel time to work
- 21 min
Drove alone70.1%
Carpooled7.2%
Public transit1.1%
Walked0.9%
Bicycle0.0%
Worked from home19.5%
Other means1.2%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 3,086 | 70.1% |
| Carpooled | 315 | 7.2% |
| Public transit | 48 | 1.1% |
| Walked | 41 | 0.9% |
| Bicycle | 0 | 0.0% |
| Worked from home | 856 | 19.5% |
| Other means | 55 | 1.2% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 872 | 24.6% |
| 15 to 29 min | 2,074 | 58.5% |
| 30 to 44 min | 286 | 8.1% |
| 45 to 59 min | 167 | 4.7% |
| 60+ min | 146 | 4.1% |
Households
- Average household size
- 2.71
- Poverty rate
- 5.3% (463 of 8,737)
| Count | Share | |
|---|---|---|
| Family households | 2,446 | 75.9% |
| Nonfamily households | 778 | 24.1% |
Housing
- Median year structure built
- 1996
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 3,224 | 97.9% |
| Vacant | 70 | 2.1% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 2,703 | 83.8% |
| Renter-occupied | 521 | 16.2% |
1-unit, detached82.1%
1-unit, attached8.2%
2 to 4 units0.4%
5 to 19 units3.9%
20 or more units4.1%
Mobile home & other1.3%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 2,705 | 82.1% |
| 1-unit, attached | 271 | 8.2% |
| 2 to 4 units | 12 | 0.4% |
| 5 to 19 units | 128 | 3.9% |
| 20 or more units | 135 | 4.1% |
| Mobile home & other | 43 | 1.3% |
Geography
- ZCTA
- 55920
- Land area
- 69 sq mi
- Water area
- 0 sq mi
- Center point
- 44.0124, -92.6211
Counties this ZIP covers
2Compare 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)