ZIP Code Tabulation Area

55020

Elko New Market, MN · ACS 2020–2024

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Latest estimates

At a glance

U.S. Census Bureau American Community Survey 5-year estimates.

Total population
4,115
Median household income
$131,071
People below poverty
0.7%
Median home value
$455,500

Income

The median income of households in 55020 was $131,071. An estimated 1% of households had income below $10,000 a year and 20.4% had income of $200,000 or more.

Household Income in 55020 in 2020-2024

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Percent
Less than $10,000 1
$10,000 to $14,999 0
$15,000 to $24,999 0
$25,000 to $34,999 0
$35,000 to $49,999 8.6
$50,000 to $74,999 12.4
$75,000 to $99,999 12.7
$100,000 to $149,999 18.5
$150,000 to $199,999 26.4
$200,000 or more 20.4

Median Earnings for Full-Time Year-Round Workers by Sex in 55020 in 2020-2024

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Dollars
Male 81604
Female 84327

An estimated 88.2% of households received earnings. An estimated 28.9% of households received Social Security and an estimated 26.5 % of households received retirement income other than Social Security. The average income from Social Security was $32,210. These income sources are not mutually exclusive; that is, some households received income from more than one source.

Proportion of Households with Various Income Sources in 55020 in 2020-2024

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Percent
Earnings 88.2
Social Security 28.9
Retirement income 26.5
Supplemental Security Income (SSI) 0.8
Cash public assistance income 0

Poverty and Participation in Government Programs

In 2020-2024, 0.7 % of people were in poverty. An estimated 0% of children under 18 were below the poverty level, compared with 0% of people 65 years old and over. An estimated 1.2% of people 18 to 64 years were below the poverty level.

Poverty Rates in 55020 in 2020-2024

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Percent
People in poverty 0.7
Children under 18 years below poverty 0
People 65 years old and over below poverty 0
People 18 to 64 years below poverty 1.2

In 2020-2024, 2 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 81.5% of households that received SNAP had children under 18, and 18.5% of households that received SNAP had one or more people 60 years and over. An estimated 0% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 55020 in 2020-2024, 99.4% had health insurance coverage and 0.6% did not have health insurance coverage. Private coverage was 86.7% and public coverage was 20.7%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 0%.


In 2020-2024, 55020 had a total population of 4,115 - 2,098 (51%) females and 2,017 (49%) males. The median age was 36.6 years. An estimated 29.8% of the population was under 18 years, 29.9% was 19 to 44 years, 28.8% was 45 to 64 years, and 11 % was 65 years and older.

Population by Age and Sex for 55020 in 2020-2024

Male Female
Under 5 102 217
5 to 9 210 201
10 to 14 176 175
15 to 19 88 82
20 to 24 80 50
25 to 29 45 85
30 to 34 236 215
35 to 39 116 132
40 to 44 116 154
45 to 49 115 71
50 to 54 165 138
55 to 59 185 189
60 to 64 211 110
65 to 69 39 129
70 to 74 66 76
75 to 79 58 0
80 to 84 5 68
85 and over 4 6

Hispanic Origin and Race

For people reporting one race alone, 91.1% were White; 5.4% were Black or African American; 3% were American Indian and Alaska Native; 0% were Asian; 0.5% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 1.6% reported Two or More Races. An estimated 5.1% of the people in 55020 were Hispanic or Latino. An estimated 89.1% of the people in 55020 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2020-2024, there were 1,368 households in 55020. The average household size was 3 people.

Married-couple households made up 72% of the households in 55020 while cohabiting couple households made up 3.7% of households. Female householders with no spouse or partner present were 13.8% of all households, while 10.5% of households had male householders with no spouse or partner present. Some households had one person, as 1.7% of households were male householders living alone, and 0.9% were female householders living alone, for a total of 2.6% of all households.

In 55020, 45.1% of all households had one or more people under the age of 18; 26.4% of all households had one or more people 65 years and over.

Types of Households in 55020 in 2020-2024

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Percent
Married-couple households 72
Cohabiting Couples 3.7
Male Householder
No spouse/partner present
10.5
Female Householder
No spouse/partner present
13.8

Marital Status

Among persons 15 and older, 66.6% of males and 67.5% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 29.9 25.4
Now married, except separated 66.6 67.5
Separated 0 0
Widowed 0.6 5.8
Divorced 2.9 1.3

Grandparents and Grandchildren

In 55020, 20 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 0% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2020-2024, an estimated 96.6% of the people living in 55020 were U.S. natives. 70.9% of the 55020 population were living in the state where they were born.

Approximately 3.4% of 55020 residents in 2020-2024 were foreign-born. 67.6% of foreign-born were naturalized U.S. citizens and an estimated 80.6 % entered the country before the year 2010.

Foreign-born residents of 55020 come from different parts of the world. The bar graph below displays the percentage of foreign-born from each world region of birth in 2020-2024 for 55020.

Region of Birth for the Foreign-Born Population in 55020 in 2020-2024

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Percent
Latin America 42.4
Asia 0
Europe 12.9
Africa 44.6
Northern America 0
Oceania 0

Language

Among people at least five years old living in 55020 in 2020-2024, 6 % spoke a language other than English at home. Spanish was spoken by 2.3% of people at least five years old; 1.7% reported that they did not speak English "very well."

Percentage of the Population 5 years and over who Speak a Language other than English in 55020 in 2020-2024

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Percent
Spanish 2.3
Other Indo-European languages 2
Asian and Pacific Islander languages 0
Other languages 1.6

Geographic Mobility

In 2020-2024, 84.8 % of the people at least one year old living in 55020 were living in the same house one year earlier.

Geographic Mobility of Residents of 55020 in 2020-2024

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Percent
Same house 84.8
Different house, same county 1.6
Different county, same state 7.6
Different state 5.9
Abroad 0

Education

In 2020-2024, 97.7 % of people 25 years and over had at least graduated from high school and 36.8% had a bachelor's degree or higher. An estimated 2.4% did not complete high school.

The total school enrollment in 55020 was 1,068 in 2020-2024. Nursery school enrollment was 77 and kindergarten through 12th grade enrollment was 878. College or graduate school enrollment was 113.

Educational Attainment of People in 55020 in 2020-2024

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Percent
Less than high school diploma 2.4
High school diploma or equivalency 22.2
Some college, no degree 19.3
Associate's degree 19.3
Bachelor's degree 24.8
Graduate or professional degree 12.1

Disability

In 55020, among the civilian noninstitutionalized population in 2020-2024, 4.7 % reported a disability. The likelihood of having a disability varied by age - from 1% of people under 18 years old, to 6.7% of people 18 to 64 years old, and to 3.6% of those 65 and over.


Employment Status and Type of Employer

In 55020, 75.9 % of the population 16 and over were employed; 22.7% were not currently in the labor force.

An estimated 80.5% of the people employed were private wage and salary workers; 16.2% were federal, state, or local government workers; and 3.3 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 1,837 80.5
Federal, state, or local government workers 369 16.2
Self-employed workers in own not incorporated business 76 3.3

Industries

In 2020-2024, the civilian employed population 16 years and older in 55020 worked in the following industries:

Percent by Industry in 55020 in 2020-2024

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Percent
Agriculture, forestry, fishing and hunting, and mining 0
Construction 8.8
Manufacturing 11.1
Wholesale trade 3.1
Retail trade 7.5
Transportation and warehousing, and utilities 5.2
Information 1
Finance and insurance, and real estate and rental and leasing 10.6
Professional, scientific, and management, and administrative and waste management services 13.5
Educational services, and health care and social assistance 18.8
Arts, entertainment, and recreation, and accommodation, and food services 10.3
Other Services, except public administration 3.3
Public administration 6.8

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 55020 in 2020-2024

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 1,016 44.5
Service occupations 452 19.8
Sales and office occupations 475 20.8
Natural resources, construction, and maintenance occupations 183 8
Production, transportation, and material moving occupations 156 6.8

Commuting to Work

An estimated 78.1% of 55020 workers drove to work alone in 2020-2024, and 4.4% carpooled. Among those who commuted to work, it took them on average 29.1 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 55020 in 2020-2024

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Percent
Car, truck, van -- drove alone 78.1
Car, truck, van -- carpooled 4.4
Public transportation (excluding taxicab) 0
Walked 0.2
Other means 0.4
Worked from home 16.8

In 2020-2024, 55020 had a total of 1,426 housing units. Of these housing units, 98.9% were single-family houses either not attached to any other structure or attached to one or more structures (commonly referred to as "townhouses" or "row houses"). 1.1% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 0% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

Types of Housing Units in 55020 in 2020-2024

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Percent
Single-family houses 98.9
Apartments in multi-unit structures 1.1
Mobile homes 0
Boat, RV, van, etc 0

11.4% of the housing inventory was comprised of houses built since 2010, while 5.8% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 55020 was 8.5 rooms, and of these housing units 98.2% had three or more bedrooms.


In 2020-2024, 55020 had 1,368 housing units that were occupied or had people living in them, while the remaining 58 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 99% while renters occupied 1%. The average household size of owner-occupied houses was 2.93 and in renter-occupied houses it was 9.69.

2.1% of householders of these occupied houses had moved into their house since 2021, while 10.2% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 0.3% and another 48.5% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 55020:

House Heating Fuel Used in 55020 in 2020-2024

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Percent
Gas 84.8
Electricity 7.6
Fuel oil, kerosene, etc 0
All other fuels 7.6
No fuel used 0

In 2020-2024, the median property value for owner-occupied houses in 55020 was $455,500.

Of the owner-occupied households, 80 % had a mortgage. 20% owned their houses "free and clear," that is without a primary mortgage or loan on the house. The median monthly housing costs for owners with a mortgage was $2,545 and for owners without a mortgage it was $596.

For renter-occupied houses, the median gross rent for 55020 was $NaN. Gross rent includes the monthly contract rent and any monthly payments made for electricity, gas, water and sewer, and any other fuels to heat the house.

Note: The presence of NaN means that the estimate could not be calculated or cannot be published for this topic or geography.