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ZipNumbers

Scott County · Minnesota

ZIP code 55020

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 55020 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
4,391

ZCTA residents

Median income
$127,159

Household, past 12 months

Median home
$452,700

Owner-occupied value

Sales tax
6.875%

Minnesota state rate

Quick answer

ZIP 55020 sits in Scott County, Minnesota and is home to 4,391 people. Median household income is $127,159, the median home is worth $452,700 and median gross rent is . 99.3% of households own their home, and purchases are taxed at 6.875% (Minnesota state rate).

County
Scott County

FIPS 27139

State
Minnesota (MN)

880 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 55020

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
4,391ZIP 55020 residents
Median household income
$127,159Past 12 months, inflation adjusted
Median home value
$452,700Owner-occupied units
Median gross rent
Rent plus utilities, monthly
Median age
34.1 yrsAll residents
Homeownership rate
99.3%Owner-occupied households

Sales tax in 55020

What a purchase inside this ZIP costs at checkout.

Rate applied
6.875%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$69Before any exemptions

Minnesota levies 6.875% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
Median rent ÷ median income
Price-to-income
3.6×Home value ÷ household income
Est. mortgage
$2,349/mo20% down, 30-yr at 6.75%
Poverty rate
3.2%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 55020 compares

ZIP 55020 against the median ZIP in Scott County and across Minnesota.

MeasureZIP 55020County medianState medianvs state
Median household income$127,159$122,237$75,417+69%
Median home value$452,700$393,800$221,650+104%
Median gross rent$1,473$925
Population4,39110,4261,800+144%

Medians are computed across the 7 ZIP areas in Scott County and the 880 ZIP areas in Minnesota.

Statewide rank

Where this ZIP places among all 880 Minnesota ZIP areas.

Income

richer than 95% of 862 state ZIPs

#40
Home value

above 95% of 856 state ZIPs

#40
Population

larger than 69% of 880 state ZIPs

#277

Comparable ZIP codes

Minnesota ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
55304Anoka County$127,145$402,600$1,628
55038Washington County$127,194$408,000$1,844
55011Anoka County$126,957$380,000$1,932
55415Hennepin County$126,480$581,500$1,836
55087Rice County$126,364$233,800$617
55920Olmsted County$126,102$356,900$1,085

Nearby ZIP codes

Other ZIP codes filed under Scott County.

ZIP 55020 questions

Common questions about this ZIP code.

Where is ZIP code 55020?
ZIP 55020 lies mostly in Scott County, Minnesota. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 55020?
Minnesota charges 6.875% statewide, plus any county, city or district rate that applies locally.
Is 55020 expensive to live in?
Median rent runs a month, and the median home is worth $452,700+104% against the typical Minnesota ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 55020, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.