Elko New Market, MN

Census ZIP code profile for Elko New Market, MN — 2 ZIPs, total population 5,888. Median income, home value, education, commute, and demographics from the U.S. Census Bureau American Community Survey 2023 5-Year Estimates.

2026 data Public-data reference. official source

Source:

Elko New Market, MN is covered by 2 USPS ZIP codes serving a combined population of 5,888 according to Census ACS 5-Year Estimates. U.S. cities rarely map cleanly to a single ZIP — Elko New Market splits its residents across 2 delivery areas, each with its own demographic and housing profile. The table below lists every ZIP by population, so you can see which neighborhoods carry the weight of the city total and which are smaller pockets of the same municipal boundary.

Aggregated across every ZIP in Elko New Market, the median household income averages $144,084 and per-capita income averages $52,579. Poverty rate runs at 1.3% and unemployment at 0.8%. On housing, the average median home value is $444,300 with median rent of $2,200 per month, and 95.5% of occupied units are owner-occupied. These are arithmetic averages across the 2 ZIPs — not population-weighted — so small ZIPs influence the headline numbers the same as large ones.

Use this city view to compare ZIPs inside Elko New Market against each other rather than hunting for a single "city average." The Affordability Dashboard linked below combines these Census inputs with HUD Fair Market Rents, FBI crime data, and Department of Labor childcare costs into a graded scorecard for Elko New Market as a whole, while individual ZIP pages show fine-grained household income, housing profile, education attainment, commute time, and nearby-ZIP benchmarks. Every field on this page is sourced directly from U.S. Census Bureau ACS 2023 5-Year Estimates — no estimates, no proprietary scoring, no editorial adjustment.

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2

ZIP Codes

5,888

Population

$144,084

Median Income

$444,300

Median Home Value

35.2

Median Age

How much do residents of Elko New Market earn?

Median Household Income
$144,084
Per Capita Income
$52,579
Unemployment Rate
0.8%
Poverty Rate
1.3%

What does housing look like in Elko New Market?

Median Home Value
$444,300
Median Rent
$2,200/mo
Owner Occupied
95.5%
Housing Units
2,398

Who lives in Elko New Market?

Bachelor's Degree+
41.1%
High School+
59.3%
Avg Commute
29 min
Foreign Born
4.0%

ZIP Codes in Elko New Market, MN

Side-by-side: Compare 55020 vs 55054 →

ZIP Code Population Density Timezone
55020 3,717 58 America/Chicago
55054 2,171 695 America/Chicago

Frequently Asked Questions

How many ZIP codes are in Elko New Market, MN?
Elko New Market, MN has 2 ZIP codes with a combined population of 5,888, based on Census ACS 2023 data.
What is the median household income in Elko New Market?
The average median household income across Elko New Market, MN ZIP codes is $144,084. The poverty rate is 1.3%.
What is the cost of living in Elko New Market?
The average median home value in Elko New Market, MN is $444,300. Median rent is $2,200/month. 95.5% of homes are owner-occupied.

Source: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023). Verify with Census Bureau →

Source: HUD USPS Crosswalk (ZIP-to-county mapping) and Source: simplemaps.com (ZIP coordinates & timezones). Verify with HUD →

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau American Community Survey (ACS). Consult a qualified professional before making decisions based on this data.