Residential delivery area · Minnesota
ZIP Code 55024: Farmington, MN
ZIP code 55024 uses the postal name Farmington, Minnesota and lies entirely in Dakota County (Census 2020 ZIP-county file). About 37,000 people live there (Census Bureau, ACS 2020-2024). Median household income is $127,280 (Census Bureau, ACS 2020-2024). By Census place, 17% of its land lies in Farmington, and 2% in smaller places; 81% is outside any Census place.
- ACS2020-24
- Census2020
- FHFA2025
- ZBP2023
- IRS2022
- Town
- Farmington · its only residential ZIP
- County
- Dakota County
- Census places
- Farmington
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- House district
- MN-2 119th Congress
- State
- Minnesota
- Time zone
- Central
- Land area
- 85.1 sq mi · 438 people per sq mi
Where is ZIP code 55024?
55024 centers on 44.629°, -93.136° and covers 85.1 square miles of land plus 1.1 of water. It borders 6 ZIP codes: 55044, 55065, 55068, 55031, 55057, 55033.
The map draws ZIP code areas only. For the streets inside 55024, open its center on OpenStreetMap.
Source: U.S. Census Bureau, 2020 ZCTA cartographic boundaries and the 2023 Gazetteer (2020 ZCTAs); ZIP-to-county shares, Census places and House districts (119th Congress) from the Census 2020 relationship files (shares of land); metro area from the OMB delineation (July 2023); town name and time zone from simplemaps US ZIP Codes (CC BY 4.0).
How does 55024 compare with the rest of Dakota County?
| Measure | 55024 | In Dakota County | In MN |
|---|---|---|---|
| People (ACS 2020-2024) | 37,287 | 4th of 22 | 23rd of 881 |
| Median household income | $127k | 4th of 20 | 43rd of 545 |
| Median home value | $379k | 9th of 20 | 95th of 558 |
Its median household income is higher than in 92% of U.S. residential ZIP codes, and it is denser than 71% of all U.S. residential ZIP codes. ZIP codes at the ACS caps ($250,000 or more for household income, $2,000,000 or more for home value) share the top rank.
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B19013, B25077); ranks by PlainZIP over residential ZIP codes (ZCTAs).
How many people live in 55024?
The 2020 Census counted 35,948 people in 55024; the ACS, which samples households over 2020-2024, estimates 37,287. Between the 2010 and 2020 censuses its population grew 10.9% (its boundary stayed at least 90% the same).
- People, ACS 2020-2024
- 37,287
- 2020 Census count
- 35,948+10.9% since 2010 (32,406)
- Households
- 12,760
- Median age
- 36.1
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B01002, B11001); 2020 Census (DHC P1); 2010 Census (SF1 P1).
Who lives in 55024?
Of the 37,287 people the ACS estimates in 55024, 27.8% are under 18 and 9.2% are 65 or older. The largest group by race and Hispanic origin is White (not Hispanic) (82.8%).
- Under 1827.8%
- 18 to 6463.0%
- 65 and older9.2%
- White, not Hispanic82.8%
- Hispanic or Latino5.4%
- Other or two or more4.5%
- Black, not Hispanic4.2%
- Asian, not Hispanic3.2%
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01001 age by sex, B03002 Hispanic or Latino origin by race); shares of the estimated population, small ZIP codes carry wide margins.
What do households in 55024 earn?
Median household income is $127,280 (ACS 2020-2024), the 4th highest of the 20 ranked ZIP codes in Dakota County. It is not measurably different from 2015-2019 ($120,456 in 2024 dollars): the change is within the surveys' margins of error.
- Median household income
- $127,280
- Income per person
- $49,167
- Below the poverty line
- 3.9%
- Unemployed (of the labor force)
- 2.9%
- Adults 25+ with a bachelor's degree
- 37.5%
- Adjusted gross income per tax return, 2022
- $90,18117,460 returns; wages 81% of AGI (IRS)
Source: U.S. Census Bureau, ACS 2020-2024 and 2015-2019 5-year estimates (B19013, B19301, B17001, B23025, B15003; 2015-2019 dollars converted with the BLS CPI-U, 1.22699); IRS Statistics of Income, ZIP code data, tax year 2022 (adjusted gross income per return, filed under the address on the return).
What are homes worth in 55024?
FHFA's house price index for 55024, built from repeat sales and appraisals of the same homes, rose 65% from 2015 to 2025 and rose 33% from 2020 to 2025, and moved +2.1% in 2025.
- Median home value (owners' estimate)
- $378,700
- Median gross rent
- $1,483
- Homes owned by their occupants
- 88.7%
- Housing units
- 13,056
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B25077, B25064, B25003, B25001); FHFA House Price Index, annual five-digit ZIP, updated 2026-03-31.
What businesses are in 55024?
467 business establishments had a location in this ZIP code in 2023, 10 fewer than in 2018; the most are in construction (ZIP Code Business Patterns).
- Construction120
- Other services (except public administration)48
- Professional, scientific, and technical services47
- Administrative and support and waste management and remediation services43
- Health care and social assistance38
- Retail trade37
Source: U.S. Census Bureau, ZIP Code Business Patterns 2023 and 2018 (establishments with paid employees, by the business's ZIP code).
Which ZIP codes are next to 55024?
| ZIP | Town | People | Household income | Distance |
|---|---|---|---|---|
| 55044 | Lakeville | 64,762 | $142k | 7.0 mi |
| 55065 | Randolph | 1,224 | $120k | 7.7 mi |
| 55068 | Rosemount | 33,119 | $128k | 8.2 mi |
| 55031 | Hampton | 1,881 | $114k | 8.6 mi |
| 55057 | Northfield | 25,650 | $93k | 11.0 mi |
| 55033 | Hastings | 29,674 | $104k | 14.7 mi |
| 55124 | Saint Paul | 55,658 | $98k | 8.6 mi (near) |
| 55085 | Vermillion | 371 | $108k | 8.9 mi (near) |
| 55306 | Burnsville | 16,830 | $101k | 10.4 mi (near) |
Source: PlainZIP from the Census 2020 ZCTA boundaries (shared edges) and internal points; figures ACS 2020-2024.