
Dakota County · Minnesota
ZIP code 55122
- Population
- 31,483
- Median income
- $93,980
- Median home
- $342,700
- Sales tax
- 6.875%
ZCTA residents
Household, past 12 months
Owner-occupied value
Minnesota state rate
Quick answer
ZIP 55122 sits in Dakota County, Minnesota and is home to 31,483 people. Median household income is $93,980, the median home is worth $342,700 and median gross rent is $1,594. 69.2% of households own their home, and purchases are taxed at 6.875% (Minnesota state rate).
- County
- Dakota County
- State
- Minnesota (MN)
- Area codes
- Not published
- Metro area
- Outside covered metros
FIPS 27037
880 ZIPs covered
No NANPA match for this ZIP
Rate jurisdiction used for tax
The numbers for 55122
American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.
- Population
- 31,483ZIP 55122 residents
- Median household income
- $93,980Past 12 months, inflation adjusted
- Median home value
- $342,700Owner-occupied units
- Median gross rent
- $1,594Rent plus utilities, monthly
- Median age
- 39.3 yrsAll residents
- Homeownership rate
- 69.2%Owner-occupied households
ZIP 55122 in context
How this area compares with national benchmarks.
ZIP 55122 is a small city in Dakota County, Minnesota, with 31,483 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #45 of 880 ranked by population — larger than 94% of them. The median age here is 39.3 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.
Households in ZIP 55122 earn a median of $93,980 a year, 19.7% above the national figure of $78,538. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 9% of residents here, below the 12.4% national rate.
The typical owner-occupied home in ZIP 55122 is valued at $342,700, 13% above the national figure, while median gross rent runs $1,594 a month, 13.4% above the national figure, or roughly $19,128 across a full year. A household on the local median income would put about 20.4% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 3.6×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 69.2% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.
Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Reading ZIP 55122 in context
How 55122 sits inside Dakota County and Minnesota.
ZIP 55122 is tabulated inside Dakota County, Minnesota, one of 19 ZIP areas the Census publishes for that county and 880 across Minnesota. This is a dense urban ZIP, where a single postal boundary can hold more residents than an entire rural county. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 55122 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.
Against its own county, 55122 reports a median household income of $93,980, 8% below the $102,026 county median, and 25% above the $75,417 typical MN ZIP. Owner-occupied homes are valued at a median of $342,700, close to the county figure and 55% above the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,594 a month, which is why it reads higher than the advertised rent on a listing for the same unit.
Minnesota charges 6.875% statewide, and local governments overlapping 55122 may add county, city or special-district levies on top. We publish the state floor for this ZIP rather than guessing a combined figure, because ZIP boundaries and taxing-district boundaries were drawn for different purposes and do not line up.
Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 55122 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.
Sales tax in 55122
What a purchase inside this ZIP costs at checkout.
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.
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 55122 compares
ZIP 55122 against the median ZIP in Dakota County and across Minnesota.
| Measure | ZIP 55122 | County median | State median | vs state |
|---|---|---|---|---|
| Median household income | $93,980 | $102,026 | $75,417 | +25% |
| Median home value | $342,700 | $350,500 | $221,650 | +55% |
| Median gross rent | $1,594 | $1,486 | $925 | +72% |
| Population | 31,483 | 21,258 | 1,800 | +1649% |
Medians are computed across the 19 ZIP areas in Dakota County and the 880 ZIP areas in Minnesota.
Statewide rank
Where this ZIP places among all 880 Minnesota ZIP areas.
- Income
- #179
- Home value
- #124
- Population
- #45
richer than 79% of 862 state ZIPs
above 86% of 856 state ZIPs
larger than 95% of 880 state ZIPs
Comparable ZIP codes
Minnesota ZIP areas with almost the same household income.
Nearby ZIP codes
Other ZIP codes filed under Dakota County.
Adjacent ZIP Codes
Other ZIP codes in Dakota County, Minnesota.
ZIP 55122 questions
Common questions about this ZIP code.
- Where is ZIP code 55122?
- ZIP 55122 lies mostly in Dakota 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 55122?
- Minnesota charges 6.875% statewide, plus any county, city or district rate that applies locally.
- Is 55122 expensive to live in?
- Median rent runs $1,594 a month, about 20% of median household income, and the median home is worth $342,700 — +55% 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.
Keep going
Related pages for this area.
Sources & transparency
- US Census Bureau, ACS 2019-2023 5-year estimates — 2019-2023 ACS 5-year — population, income, housing
- Census 2020 ZCTA-to-county relationship file — County assignment by largest land-area overlap
- Minnesota Department of Revenue — Sales tax rates and local add-ons
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.