Lakeville, MN · standard
ZIP Code 55044
Dakota County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 47,218
- 284/sq mi High-density area
- $141,551
- Median income Above-median income area
- $488,600
- Median home value Above-median home value
- 53.9%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Lakeville pairs a top-decile household income with upper-quartile home values, in a low-density, homeowner-dominated area.
- Top 5%
- household income, US ZIPs
- Top 14%
- home value, US ZIPs
- 284
- people per sq mi
- 88%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55044 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 55044 (Lakeville, MN) rose +3.0% from 2023 to 2024. The all-transactions index moved from 194.7 in 2023 to 200.5 in 2024 (2000 = 100).
ZIP code 55044 is a densely settled ZIP (a standard USPS delivery area) in Lakeville, Dakota County, Minnesota, with 47,218 residents across 166.1 square miles, a density of 284 people per square mile, in the Chicago time zone.
ZIP 55044 skews affluent, with a median household income of $141,551 (72% above the average Minnesota ZIP), while per-capita income is $60,343. Both reported hardship measures are comparatively low in absolute terms: poverty is 3.0% and unemployment is 2.2%. Housing is both higher-cost and owner-heavy: median home value is $488,600 (91% above the average Minnesota ZIP), while 88.0% of occupied homes are owner-occupied and median rent is $1,826.
This is a highly-educated ZIP: 53.9% of adults hold a bachelor's degree or higher, the median age is 37.1, and the average commute is 24 minutes. The page also surfaces 9 ZIP codes within roughly 10 miles and 6 more in Dakota County, so 55044 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 55044
Top 5 sectors by establishment count in Lakeville, MN
Which industries have the most business establishments in ZIP 55044.
- Construction
Construction
209 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
197 establishments
- Health care and social assistance
Health care and social assistance
164 establishments
- Retail trade
Retail trade
161 establishments
- Other services (except public administration)
Other services (except public administration)
128 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 55044, Lakeville, MN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
47,218
Population
166.1
Area (sq mi)
284
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55044?
37.1
Median Age
51.2%
Male
48.8%
Female
9.9%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$141,551
Median Household Income
+72% vs state ZIP avg
$60,343
Per Capita Income
3.0%
Poverty Rate
2.2%
Unemployment Rate
23.6 min
Mean Commute Time
How ZIP 55044 ranks nationally
Lakeville, MN household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$141,551 Top 5% higher than 95% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
23,079housing units
23,079
Total Housing Units
22,460
Occupied Units
619
Vacant Units
2.88
Avg Household Size
Occupancy Type
$488,600
Median Home Value
+91% vs state ZIP avg
$1,826
Median Rent
2001
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+3.0%
YoY Change (2024)
201
HPI Index (2000 = 100)
+101%
Total Change Since 2000
Home values in ZIP 55044 have increased 3.0% over the past year (2024). Since 2000, this ZIP has seen +101% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.6% | 154 |
| 2021 | +9.4% | 169 |
| 2022 | +12.7% | 190 |
| 2023 | +2.4% | 195 |
| 2024 | +3.0% | 201 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 1,560 business establishments in ZIP 55044, employing approximately 20,619 people with a combined annual payroll of $1,211,089,000.
1,560
Businesses
20,619
Employees
$1.2B
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 209 | 13.4% |
| Professional, scientific, and technical services | 197 | 12.6% |
| Health care and social assistance | 164 | 10.5% |
| Retail trade | 161 | 10.3% |
| Other services (except public administration) | 128 | 8.2% |
| Real estate and rental and leasing | 118 | 7.6% |
| Wholesale trade | 101 | 6.5% |
| Finance and insurance | 95 | 6.1% |
| Administrative and support and waste management and remediation services | 91 | 5.8% |
| Accommodation and food services | 87 | 5.6% |
| Manufacturing | 66 | 4.2% |
| Transportation and warehousing | 53 | 3.4% |
| Arts, entertainment, and recreation | 26 | 1.7% |
| Educational services | 25 | 1.6% |
| Information | 24 | 1.5% |
| Management of companies and enterprises | 7 | 0.5% |
| Agriculture, forestry, fishing and hunting | 3 | 0.2% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 55044 vs 55306 →
ZIP 55044 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55124
Saint Paul (55124)
49,084 residents
- 55044
Lakeville (55044)
47,218 residents
- 55337
Burnsville (55337)
44,356 residents
- 55024
Farmington (55024)
32,406 residents
- 55372
Prior Lake (55372)
29,811 residents
- 55378
Savage (55378)
26,958 residents
- 55306 15,935
Burnsville (55306)
15,935 residents
- 55020 3,717
Elko New Market (55020)
3,717 residents
- 55054 2,171
Elko New Market (55054)
2,171 residents
What this shows Among its immediate neighbors, ZIP 55044 ranks #2 by population - useful context the national average alone can't give.
ZIP 55044 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55054
Elko New Market (55054)
$157,096 median income
- 55372
Prior Lake (55372)
$145,499 median income
- 55044
Lakeville (55044)
$141,551 median income
- 55088
Webster (55088)
$132,917 median income
- 55020
Elko New Market (55020)
$131,071 median income
- 55024
Farmington (55024)
$127,280 median income
- 55378
Savage (55378)
$124,871 median income
- 55306
Burnsville (55306)
$100,515 median income
- 55124
Saint Paul (55124)
$97,727 median income
What this shows By household income, ZIP 55044 ranks #3 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 55306 | Burnsville, MN | 15,935 | 6.2 mi |
| 55337 | Burnsville, MN | 44,356 | 9.4 mi |
| 55054 | Elko New Market, MN | 2,171 | 6.0 mi |
| 55020 | Elko New Market, MN | 3,717 | 6.3 mi |
| 55024 | Farmington, MN | 32,406 | 7.2 mi |
| 55372 | Prior Lake, MN | 29,811 | 6.9 mi |
| 55124 | Saint Paul, MN | 49,084 | 8.2 mi |
| 55378 | Savage, MN | 26,958 | 9.0 mi |
| 55088 | Webster, MN | 1,704 | 9.3 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 55044, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (47,218 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Dakota County
Related Areas
Frequently Asked Questions
What county is ZIP code 55044 in?
ZIP code 55044 (Lakeville) is located in Dakota County, Minnesota. Dakota County contains multiple ZIP codes, see the full list at /counties/dakota-mn.
What is the population of ZIP code 55044?
ZIP code 55044 in Lakeville, MN has a population of 47,218 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55044?
The median household income in ZIP 55044 is $141,551, which is 86% above the national average of $76,288.
What is the average home value in ZIP 55044?
The median home value in ZIP 55044 is $488,600, which is 76% above the national average of $278,155.
What is the demographic makeup of ZIP 55044?
The largest racial group in ZIP 55044 is White at 78.5%. Hispanic or Latino residents make up 6.1% of the population.
How many businesses are in ZIP code 55044?
ZIP code 55044 has 1,560 business establishments employing approximately 20,619 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55044?
The top industries by establishment count in ZIP 55044 are: Construction (209), Professional, scientific, and technical services (197), Health care and social assistance (164). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 55044?
According to the FHFA House Price Index, home values in ZIP 55044 increased by 3.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 101%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 55044?
In ZIP code 55044, 68.7% of residents aged 25+ have a high school diploma or higher, and 53.9% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 55044?
The mean commute time for workers in ZIP code 55044 is 23.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 55044?
In ZIP code 55044, approximately 88.0% of occupied housing units are owner-occupied and 12.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55044?
The poverty rate in ZIP code 55044 is 3.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 55044's numbers, next.
- See how ZIP 55044 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Lakeville, MN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.