| ZIP Code | 55044 |
|---|---|
| City | Lakeville |
| State | Minnesota (MN) |
| County | Dakota County |
| Area Code | 952 |
| Elevation | 1,107 ft |
| Latitude | 44.642146 |
|---|---|
| Longitude | -93.276446 |
| Timezone | Chicago (DST) |
| FIPS | 27037 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.3 yrs |
|---|---|
| Avg Household Size | 2.88 |
| Below Poverty | 3.1% ▼ 69% below avg |
| College Grads | 66.8% ▲ 72% above avg |
| Unemployment | 2.5% ▼ 49% below avg |
| No HS Diploma | 248 (0.6%) |
| HS Graduate | 5,718 (14.3%) |
| Some College | 2,771 (6.9%) |
| Associates | 4,566 (11.4%) |
| Bachelors | 5,065 (12.7%) |
| Graduate Degree | 21,638 (54.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $140,612 ▲ 84% above avg ↑ 22% since 2019 |
|---|---|
| Median Home Value | $464,500 ▲ 67% above avg ↑ 35% since 2019 |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $1,730/mo ↑ 28% since 2019 |
| Total Units | 22,519 |
| Vacant Units | 628 |
| Avg HH Size | 2.88 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 22,519 |
|---|---|
| Vacant | 628 |
| Owner Occupied | 87.8% |
| Renter Occupied | 12.3% |
| Avg HH Size | 2.88 |
ZIP code 55044 is located in Lakeville, Minnesota, within Dakota County. With a population of 63,280, this is a densely populated ZIP code with a relatively young community — the median age is 37.3 years. Economically, 55044 is a upper-middle-income ZIP code: the median household income of $140,612 is significantly above the national average.
Real estate in ZIP code 55044 represents a premium housing market. The median home value of $464,500 is significantly above the national average. Renters can expect to pay around $1,730 per month in median rent. Homeownership is strong here — 87.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 35% since 2019.
The population of 55044 is primarily White (79.84%). Residents are highly educated — 66.8% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 3.1%. Household income has grown by 22% since 2019.
The unemployment rate in 55044 stands at 2.5%, which is below the national average. About 22% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 67%.
Overall, ZIP code 55044 in Lakeville, MN is characterized as upper-middle-income, highly educated, a relatively young community, and predominantly owner-occupied. With 63,280 residents, a median household income of $140,612, and a median home value of $464,500, it offers a clear picture of life in this part of Minnesota.