55042 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 55042 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMinnesota
CityLake Elmo
Time ZoneAmerica/Chicago
Geo Location44.99196, -92.89876
Population11935
Size63.394 square miles
Median Family Income$176036.00
Median Home Value$484000.00

Population & Demographics

The following information lists the population statistics and breakdown for the 55042 zip code. The total population is 11935, of which, 5848 are male and 5848 are female. This total population is 228.67% less than the average. With a total area of 63.394 square miles, the population density is 153.8 people per square mile. The median age of the population is 40.4 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
20118831
20128821
20138790
20148830
20158971
20169132
20179188
20189618
20199750
20209918
202111935

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 9317.8%
Age 5-97756.5%
Age 10-147946.7%
Age 15-1910198.5%
Age 20-245114.3
Age 25-296015%
Age 30-346435.4%
Age 35-396145.1%
Age 40-44885 7.4%
Age 45-498246.9%
Age 50-5411209.4%
Age 55-598166.8%
Age 60-648477.1%
Age 65-695894.9%
Age 70-744083.4%
Age 75-791491.2%
Age 80-842191.8%
Age 85 and over1901.6%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 8.8 %
  • Speaks Spanish: 4.6 %
  • Speaks Other Indo-European Language: 0.3 %
  • Speaks Pacific Island Languages: 2.3 %
  • Speak Other Languages: 1.7 %
Marital Status: 
  • Currently Married: 66.3 %
  • Divorced: 4.1 %
  • Separated (not divorced): 0.7 %
  • Never Married: 25.2 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 55042 zip code is $176036. This is 135.53% greater than the national average. This income places 3.2% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $40462. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.009
$10,000.00 – $14,999.000
$15,000.00 – $24,999.0059
$25,000.00 – $34,999.0018
$35,000.00 – $49,999.00135
$50,000.00 – $74,999.00304
$75,000.00 – $99,999.00239
$100,000.00 – $149,999.00656
$150,000.00 – $199,999,00537
$200,000.00 +1378

YearMedian Family Income ($ USD)
2011121959
2012123162
2013116531
2014119864
2015114868
2016111447
2017120500
2018137070
2019142120
2020164487
2021176036

Income Source# of Households
Wage or Salary3478
Self Employment532
Social Security1021
Dividends, Interest, or Rental1396
Retirement1029
Other474

Total Insured & Uninsured Individuals: 
  • Families Insure: 11719
  • Families Uninsured: 216
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1029
  • No retirement income: 3109

Education

In the 55042 zip code, 97.5% of individuals over 25 years old have a high school degree or higher, and 59.8% have a bachelors degree or higher. Additionally, 17.5% of individuals 3 years and older are in private school, and 82.5% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 55042 zip, there are an estimated 6521 people in the labor force, of which, 6351 are employed, and 170 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 24.5 minutes. Of the total people that work, 1467 worked from home and 6241 commuted. The average number of hours worked is 40. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts3677
Services653
Sales and Office1366
Construction and Maintenance:203
Transportation and Material Moving452





Housing

The median home value for the 55042 zip code is 484000. There is an estimated  4138 number of occupied housing units, the median gross rent in is $1189 per month, and the average monthly housing costs are estimated to be $1987. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000315
$50,000 – $99,00052
$100,000 – $149,99952
$150,000 – $199,99922
$200,000 – $299,999287
$300,000 – $499,9991369
$500,000 – $999,9991669
$1,000,000+144

Home Year BuiltNumber of Homes
2020 or Later37
2010 – 20191082
2000 – 2009666
1980 – 19991168
1960 – 1979781
1940 – 1959302
1939 or earlier102

The median number of rooms in all housing units is 7.9 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5008
$500 – $99953
$1,000 – $1,499107
$1,500 – $1,99916
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 27

Monthly Housing Costs ($)Number of Households
Less than 3009
300-499300
500-799466
800-999389
1000-1499474
1500-1999435
2000-2499609
2500-2999660
3000+779

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1829
20%-24.9%177
25%-29.9%106
30%-34.9%169
35+%250



# of VehiclesHouseholds
None126
1587
22331
3+1094
Home Heating Characteristics: 
  • Utility Gas: 82.6 %
  • Bottle Tank or LP Gas: 0.6 %
  • Electricity: 15.8 %
  • Oil or Kerosene etc: 0.5 %
  • Coal or Coke: 0 %
  • All Other: 0.5 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.