55044 Zip Code

April 25, 2024

Zip Code:	55044
City/Town:	Lakeville
State:	Minnesota

Population:	47,218
Per Capita Income:	$34,284
Mean Household Income:	$106,026

Total Housing Units:	15,700
Median Home Value:	$188,100
Median Year Homes Built:	1990

Land Area:	64.1 sq miles 166.1 sq kilometers
Water Area:	1.9 sq miles 5.0 sq kilometers

Population Information (55044 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

47,218

Male:

23,686

50.2%

49.2%

Female:

23,532

49.8%

50.8%

Median Age:

36.1 yrs

37.2 yrs

Under 5 years:

3,275

6.9%

6.5%

5 to 9 years:

4,242

8.4%

6.6%

10 to 19 years:

8,640

18.3%

13.8%

20 to 29 years:

4,237

9.0%

13.8%

30 to 39 years:

6,026

12.8%

13.0%

40 to 49 years:

9,429

20.0%

14.2%

50 to 59 years:

6,541

13.9%

13.6%

60 to 69 years:

3,151

6.7%

9.4%

70 to 79 years:

1,136

2.4%

5.4%

80 years and over:

541

1.1%

3.7%

Housing Information (55044 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$188,100

$119,600

Median year homes build:

1990

1971

Median real estate taxes:

$2,165 / yr.

$1,334 / yr.

Median rent:

$760 / mo.

$519 / mo.

Total households:

15,700

Family households:

12,888

82.1%

66.4%

Nonfamily households:

2,812

17.9%

33.6%

Households with individuals under 18 years:

7,667

48.8%

33.4%

Households with individuals 65 years and over:

2,093

13.3%

24.9%

Average household size:

3.0

Average family size:

3.3

Total housing units:

16,382

Occupied housing units:

15,700

95.8%

88.6%

Vacant housing units:

682

4.2%

11.4%

For rent:

287

1.8%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

163

1.0%

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

0.4%

3.5%

All other vacants:

116

0.7%

2.8%

Homeowner vacancy rate:

1.2%

2.4%

Rental vacancy rate:

12.4%

9.2%

Owner-occupied housing units:

13,686

Population in owner-occupied housing units:

41,974

Average household size of owner-occupied units:

3.1

2.65

Renter-occupied housing units:

2,014

Population in renter-occupied housing units:

5,198

Average household size of renter-occupied units:

2.6

2.44

Educational Attainment (55044 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

20,545

Less than 9th grade:

279

1.4%

6.2%

9th to 12th grade, no diploma:

530

2.6%

8.7%

High school graduate (includes equivalency):

4,443

21.6%

29.0%

Some college, no degree:

5,207

25.3%

20.6%

Associate degree:

2,066

10.1%

7.5%

Bachelor's degree:

6,132

29.8%

17.6%

Graduate or professional degree:

1,888

9.2%

10.3%

Percent high school graduate or higher:

96.1%

85.0%

Percent bachelor's degree or higher:

39.0%

27.9%

Income Information (55044 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

11,673

24.7%

50.4%

Median income:

$50,189 / yr.

$27,932 / yr.

Full-time, year-round workers:

8,565

18.1%

59.7%

Median income:

$55,556 / yr.

$38,349 / yr.

Females 15 years and over with income:

10,296

21.8%

49.6%

Median income:

$24,772 / yr.

$16,327 / yr.

Full-time, year-round workers:

4,780

10.1%

40.3%

Median income:

$35,804 / yr.

$28,135 / yr.

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