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55020 Zip Code Detailed Profile

 



Profiles Elko, MN (55020) houses, apartments, residents, cars, jobs...

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City: Elko, MN
Scott County, MN
Zip code population (2000): 2,326
Estimated zip code population in 2007: 2,457



Age and Sex of Residents in zip code 55020

Zip code 55020 (Elko, Minnesota) real estate house value trends

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Elko, MN (55020) map from a distance

Houses and condos: 781
Renter-occupied apartments: 35
% of renters here:  4%
State:  25%

2008 cost of living index in zip code 55020: 103.8 (near average, U.S. average is 100)

Land area: 29.2 sq. mi.
Water area: 0.4 sq. mi.
Population density: 84 people per square mile 
 
 (very low).

Estimate of real estate property taxes paid for housing units in 2007:
This zip code:  1.2% ($1,497)
Minnesota:  1.6% ($1,297)

Profiles of local businesses:
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Males: 1,236  (53.1%)
Females: 1,090  (46.9%)

Zip code 55020 races chart


100% rural population.

Estimated median house/condo value in 2007: $347,982
55020:  $347,982
Minnesota:  $213,600

According to our research of public records there were no registered sex offenders living in this zip code in early 2007.

Median resident age:  32.1 years
Minnesota median age:  35.4 years

Average household size:
This zip code:  3.1 people
Minnesota:  2.5 people

Averages for the 2004 tax year for zip code 55020, filed in 2005:
Average Adjusted Gross Income (AGI) in 2004: $66,969 (Individual Income Tax Returns)
Here:  $66,969
State:  $53,560

Salary/wage: $61,339 (reported on 91.8% of returns)
Here:  $61,339
State:  $46,177
(% of AGI for various income ranges: 143.0% for AGIs below $10k, 83.3% for AGIs $10k-25k, 84.4% for AGIs $25k-50k, 84.5% for AGIs $50k-75k, 92.3% for AGIs $75k-100k, 78.7% for AGIs over 100k)

Taxable interest for individuals: $1,138 (reported on 52.0% of returns)
This zip code:  $1,138
Minnesota:  $1,796
(% of AGI for various income ranges: 7.5% for AGIs below $10k, 2.6% for AGIs $10k-25k, 0.8% for AGIs $25k-50k, 0.6% for AGIs $50k-75k, 0.3% for AGIs $75k-100k, 1.1% for AGIs over 100k)

Taxable dividends: $829 (reported on 28.6% of returns)
Here:  $829
State:  $3,096
(% of AGI for various income ranges: 2.4% for AGIs below $10k, 0.6% for AGIs $10k-25k, 0.8% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.2% for AGIs $75k-100k, 0.3% for AGIs over 100k)

Net capital gain/loss: +$5,165 (reported on 23.2% of returns)
Here:  +$5,165
State:  +$10,864
(% of AGI for various income ranges: 7.5% for AGIs below $10k, 1.1% for AGIs $10k-25k, -0.2% for AGIs $25k-50k, 1.4% for AGIs $50k-75k, 1.2% for AGIs $75k-100k, 2.6% for AGIs over 100k)

Profit/loss from business: +$8,482 (reported on 20.0% of returns)
Here:  +$8,482
State:  +$10,442
(% of AGI for various income ranges: -9.2% for AGIs below $10k, 7.5% for AGIs $10k-25k, 4.1% for AGIs $25k-50k, 4.6% for AGIs $50k-75k, 2.6% for AGIs $75k-100k, 1.2% for AGIs over 100k)

IRA payment deduction: $3,032 (reported on 2.5% of returns)
55020:  $3,032
Minnesota:  $2,955

Total itemized deductions: $22,460 (1% of AGI, reported on 63.7% of returns)
Here:  $22,460
State:  $20,035
(% of AGI for various income ranges: 24.3% for AGIs $10k-25k, 24.9% for AGIs $25k-50k, 24.3% for AGIs $50k-75k, 23.5% for AGIs $75k-100k, 18.5% for AGIs over 100k)

Charity contributions deductions: $2,657 (2.8% of AGI, reported on 59.1% of returns)
Here:  $2,657
Minnesota:  $3,333

Here:  2.8% of AGI
State:  3.4% of AGI
(% of AGI for various income ranges: 2.0% for AGIs $10k-25k, 2.1% for AGIs $25k-50k, 2.0% for AGIs $50k-75k, 2.4% for AGIs $75k-100k, 2.6% for AGIs over 100k)

Total tax: $8,872 (reported on 85.5% of returns)
55020:  $8,872
State:  $8,485
(% of AGI for various income ranges: 3.7% for AGIs below $10k, 5.5% for AGIs $10k-25k, 7.1% for AGIs $25k-50k, 7.1% for AGIs $50k-75k, 8.1% for AGIs $75k-100k, 16.0% for AGIs over 100k)

Earned income credit: $1,340 (reported on 3.8% of returns)
Here:  $1,340
State:  $1,523
(% of AGI for various income ranges: 2.3% for AGIs below $10k, 2.0% for AGIs $10k-25k, 0.1% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2004 taxes: 61.9%
Here:  62%
State:  59%
(% for various income ranges: 54.4% for AGIs below $10k, 48.5% for AGIs $10k-25k, 63.1% for AGIs $25k-50k, 68.4% for AGIs $50k-75k, 69.1% for AGIs $75k-100k, 60.9% for AGIs over 100k)


Estimated median household income in 2007: $78,472
This zip code:  $78,472
Minnesota:  $55,802
Elko, MN (55020) map

Nearest zip codes: 55088, 55046, 55044, 55372, 55306, 55378.


Percentage of family households:
This zip code:  83.5%
Whole state:  66.2%

Percentage of households with unmarried partners:
This zip code:  5.4%
Whole state:  5.3%

Likely homosexual households (counted as self-reported same-sex unmarried-partner households)
  • Lesbian couples: 0.4% of all households
  • Gay men: 0.4% of all households

Housing units in zip code 55020 with a mortgage: 289 (43 second mortgage, 42 home equity loan, 0 both second mortgage and home equity loan)
Houses without a mortgage: 54


Median monthly owner costs for units with a mortgage: $1,772

Median monthly owner costs for units without a mortgage: $441

Residents with income below the poverty level in 2007:
This zip code:  1.3%
Whole state:  9.5%

Residents with income below 50% of the poverty level in 2007:
This zip code:  0.5%
Whole state:  3.9%

Median number of rooms in houses and condos:
Here:  7.2
State:  6.6

Median number of rooms in apartments:
Here:  7.1
State:  3.7


Zip code 55020 close-up map

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Notable locations in this zip code not listed on our city pages:

 

Year house built:
  • 1999 to March 2000: 72
  • 1995 to 1998: 115
  • 1990 to 1994: 105
  • 1980 to 1989: 105
  • 1970 to 1979: 161
  • 1960 to 1969: 62
  • 1950 to 1959: 44
  • 1940 to 1949: 26
  • 1939 or earlier: 112



Zip code 55020 satellite photo by USGS


Bedrooms in owner-occupied houses in Elko, MN (55020):
  • no bedroom: 2
  • 1 bedrooms: 16
  • 2 bedrooms: 92
  • 3 bedrooms: 362
  • 4 bedrooms: 220
  • 5 or more bedrooms: 52


Bedrooms in renter-occupied apartments and housing units:
  • no bedroom: 0
  • 1 bedrooms: 2
  • 2 bedrooms: 9
  • 3 bedrooms: 12
  • 4 bedrooms: 10
  • 5 or more bedrooms: 2



Vehicles available in 55020 zip code in owner-occupied houses/condos:
  • no vehicle: 6
  • 1 vehicle: 87
  • 2 vehicles: 363
  • 3 vehicles: 184
  • 4 vehicles: 58
  • 5 or more vehicles: 46


Vehicles available in renter-occupied apartments:
  • no vehicle: 2
  • 1 vehicle: 8
  • 2 vehicles: 11
  • 3 vehicles: 10
  • 4 vehicles: 0
  • 5 or more vehicles: 4



Estimated household income distribution in 2007:

Zip code 55020 household income distribution in 2007

Zip code 55020 house/condo values in 2007


Estimate of home value of owner-occupied houses/condos in 2007 in zip code 55020:

  • $90,000 to $99,999: 1
  • $100,000 to $124,999: 1
  • $125,000 to $149,999: 12
  • $150,000 to $174,999: 31
  • $175,000 to $199,999: 40
  • $200,000 to $249,999: 80
  • $250,000 to $299,999: 99
  • $300,000 to $399,999: 231
  • $400,000 to $499,999: 134
  • $500,000 to $749,999: 111
  • $750,000 to $999,999: 20
  • $1,000,000 or more: 25
 



55020 rent paid by renters


Rent paid by renters in 2007 in zip code 55020:

  • $300 to $349: 3
  • $650 to $699: 6
  • $750 to $799: 7
  • No cash rent: 6
 


Median price asked for vacant for-sale houses and condos in 2007: $388,856.


Estimated median house (or condo) value in 2007 for:

  • White Non-Hispanic householders: $282,147

Estimated median house or condo value in 2007: $373,800 (it was $192,400 in 2000)
55020:  $373,800
Minnesota:  $213,600
Lower value quartile - upper value quartile: $209,670 - $429,430

Mean price in 2007:
Detached houses: $444,845
Here:  $444,845
State:  $270,059

Townhouses or other attached units: $534,708
Here:  $534,708
State:  $220,268

In 2-unit structures: $146,040
Here:  $146,040
State:  $280,233

In 3-to-4-unit structures: $174,384
Here:  $174,384
State:  $204,358


Breakdown of mean house values by ages of householders


Housing units in structures:

  • One, detached: 792
  • One, attached: 2
  • Two: 4
  • 3 or 4: 4
55020 zip code mode of transportation to work chart

Means of transportation to work

  • Drove a car alone: 1,101 (83%)
  • Carpooled: 121 (9%)
  • Walked: 15 (1%)
  • Other means: 2 (0%)
  • Worked at home: 95 (7%)
 

55020 zip code travel time to work

Travel time to work

  • Less than 5 minutes: 21
  • 5 to 9 minutes: 46
  • 10 to 14 minutes: 83
  • 15 to 19 minutes: 131
  • 20 to 24 minutes: 194
  • 25 to 29 minutes: 142
  • 30 to 34 minutes: 242
  • 35 to 39 minutes: 88
  • 40 to 44 minutes: 89
  • 45 to 59 minutes: 136
  • 60 to 89 minutes: 65
  • 90 or more minutes: 2
 

Percentage of zip code residents living and working in this county: 27.7%


Household type by relationship
Households: 2,374

  • In family households: 2,220 (589 male householders, 81 female householders)
    568 spouses, 930 children (888 natural, 14 adopted, 28 stepchildren), 14 grandchildren, 10 brothers or sisters, 2 parents, 5 other relatives, 21 non-relatives
  • In nonfamily households: 154 (69 male householders (58 living alone)), 44 female householders (23 living alone)), 41 nonrelatives

Size of family households: 216 2-persons, 157 3-persons, 177 4-persons, 83 5-persons, 21 6-persons, 16 7-or-more-persons.

Size of nonfamily households: 81 1-person, 26 2-persons, 3 3-persons, 3 4-persons.

672 married couples with children.
54 single-parent households (35 men, 19 women).

96.9% of residents of 55020 zip code speak English at home.
1.3% of residents speak Spanish at home (46% very well, 46% well, 7% not well).
1.7% of residents speak other Indo-European language at home (76% very well, 24% well).
0.1% of residents speak Asian or Pacific Island language at home (100% very well).

Foreign born population: 17 (0.7%)
(23.5% of them are naturalized citizens)

This zip code:  0.7%
Whole state:  5.3%

Most common places of birth for the foreign-born residents:



  • Canada (53%)
  • United Kingdom (24%)
  • Costa Rica (12%)
  • Panama (12%)



Year of entry for the foreign-born population
  • 1995 to March 2000: 2
  • 1990 to 1994: 2
  • 1985 to 1989: 4
  • 1980 to 1984: 0
  • 1975 to 1979: 2
  • 1970 to 1974: 4
  • 1970 to 1974: 0
  • 1965 to 1969: 3

White population: 2,287
Black population: 4
American Indian population: 3
Asian population: 7
Native Hawaiian and Other Pacific Islander population: 0
Some other race population: 7
Two or more races population: 18

Zip code 55020 races chart


First ancestries reported:

 German: 864
 Norwegian: 306
 Irish: 147
 Czech: 142
 Swedish: 113
 United States or American: 90
 Italian: 60
 English: 59
 Polish: 36
 Czechoslovakian: 34
 Dutch: 29
 Scottish: 21
 Other groups: 19
 Scandinavian: 19
 Danish: 18
 Finnish: 13
 European: 12
 French (except Basque): 11
 Serbian: 10
 Ukrainian: 10
 Scotch-Irish: 9
 French Canadian: 6
 Greek: 5
 Croatian: 5
 Belgian: 4
 British: 4
 Russian: 4
 Icelander: 3
 Luxemburger: 3
 Slovak: 3
 Subsaharan African:: 3
 African: 3
 Canadian: 2
 Lebanese: 2
 Arab:: 2



Zip code 55020 topographic map


Facitilies with environmental interests located in this zip code:

  • ELKO/NEW MARKET WWTP (25499 NATCHEZ AVE in ELKO, MN)
    STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - PCS-MN0056219, NPDES NON-MAJOR
    CRITERIA AND HAZARDOUS AIR POLLUTANT INVENTORY (Inventory of air pollution sources)
    National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
    Business SIC classification: SEWERAGE SYSTEMS
    Business NAICS classification: SEWAGE TREATMENT FACILITIES.
    Organizations: ELKO-NEW MARKET JOINT SEWER BOARD (CONTACT/OWNER)
  • G&T TRUCKING CO (11111 DEUCE RD in ELKO, MN)
    STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRIS-MND064770266, HAZARDOUS WASTE PROGRAM
    Small Quantity Generators, between 100 kg and 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
    TRANSPORTER (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
    Organizations: G & T TRUCKING CO (CONTACT/OWNER)
  • B & J TRUCKING (7720 E 270TH ST in ELKO, MN)
    STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MNR000014928, CESQG, RCRIS-MNR000014928,
    Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
  • BODYWERKS (26106 NEWTON CIRCLE in ELKO, MN)
    STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MNR000021915, CESQG, RCRIS-MNR000021915,
    Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
  • NIEMEYERS (10405 260TH ST in ELKO, MN)
    STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND985708098, CESQG, RCRIS-MND985708098,
    Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
    Business SIC classification: AUTOMOTIVE DEALERS
    Organizations: NIEMEYER JAMES (CONTACT/OWNER) , NIEMEYERS TRAILER SALES (CONTACT/OWNER)
    Alternative names: NIEMEYERS TRAILER SALES
  • FINE LINE AUTO BODY INC (25031 NATCHEZ AVE in ELKO, MN)
    STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND985758176, CESQG, RCRIS-MND985758176,
    Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
    Business SIC classification: TOP, BODY, AND UPHOLSTERY REPAIR SHOPS AND PAINT SHOPS
    Organizations: EARL LARRY (CONTACT/OWNER)
  • CERTIFIED APPLIANCE RECYCLING - ELKO (27260 JONQUIL AVE in ELKO, MN)
    (Resource Conservation and Recovery Act (tracking hazardous waste))
  • ELKO/NEW MARKET (T113N R21W S22 in ELKO, MN)
    National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
    Business SIC classification: SEWERAGE SYSTEMS
  • ELKO MOTORSPORTS (27635 BEARD AVE in ELKO, MN)
    Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
    Organizations: ROWE JOHN (CONTACT/OWNER)

Zip code 55020 marital status for males
Zip code 55020 marital status for females


Housing units lacking complete plumbing facilities: 0%

Housing units lacking complete kitchen facilities: 0%

Most commonly used house heating fuel:
  • Utility gas (57%)
  • Bottled, tank, or LP gas (32%)
  • Fuel oil, kerosene, etc. (7%)
  • Electricity (2%)
  • Wood (2%)


Place of birth for U.S.-born residents:

  • This state: 2045
  • Northeast: 31
  • Midwest: 188
  • South: 30
  • West: 60

65% of the 55020 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 19% lived in this county.
   Out of people who lived in different counties, 90% lived in Minnesota.

Population in 1990: 4,146. Population change in the 1990s: -1,820 (-43.9%).

Year Householders Moved Into Unit:




Private vs. public school enrollment:
Students in private schools in grades 1 to 8 (elementary and middle school): 27
Here:  7.3%
Minnesota:  11.7%

Students in private schools in grades 9 to 12 (high school): 0
Here:  0.0%
Minnesota:  6.8%

Students in private undergraduate colleges: 15
Here:  18.1%
Minnesota:  24.6%


Educational Attainment


School Enrollment by Level of School



Class of Workers



Companies with federal contracts located in this zip code:

  • A-1 JANITORIAL (5210 280TH ST E in ELKO, MN; small business): $12,000 in 2 contracts in 2002
    $12,000 with Navy for Custodial Janitorial Services. Signed on 2002-11-07. Completion date: 2002-09-30.
    $0, same as above. Signed on 2002-11-07. Completion date: 2002-09-30.
  • HIGHLIFT EQUIPMENT COMPANY INC (26106 NEWTON CIR UNIT #6 in ELKO, MN; small business): $10,675 in 2 contracts in 2004
    $7,728 with Army for Aircraft Ground Servicing Equipment. Signed on 2004-08-30. Completion date: 2004-09-30.
    $2,947, same as above. Signed on 2004-05-11. Completion date: 2004-07-10.


Top industries in this zip code by the number of employees in 2005:

  • Administrative and Support and Waste Management and Remediation Services: Landscaping Services (50-99 employees: 1 establishment, 1-4 employees: 3 establishments)
  • Construction: Drywall and Insulation Contractors (20-49: 2, 5-9: 1)
  • Wholesale Trade: Farm and Garden Machinery and Equipment Merchant Wholesalers (20-49: 1)
  • Construction: New Single-Family Housing Construction (except Operative Builders) (5-9: 2, 1-4: 2)
  • Construction: Masonry Contractors (10-19: 1, 1-4: 1)
  • Accommodation and Food Services: Full-Service Restaurants (10-19: 1, 1-4: 1)
  • Health Care and Social Assistance: Home Health Care Services (10-19: 1)
  • Other Services (except Public Administration): Pet Care (except Veterinary) Services (10-19: 1)

Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)

Age and Sex of Physically-Disabled Residents (Noninstitutionalized)


Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)

Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)


Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)

Age and Sex of Residents with Employment Disability (Noninst.)




Fatal accident statistics in 2006
  • Fatal accident count: 1
  • Vehicles involved in fatal accidents: 1
  • Fatal accidents caused by drunken drivers: 1
  • Fatalities: 1
  • Persons involved in fatal accidents: 1
  • Pedestrians involved in fatal accidents: 0

Home Mortgage Disclosure Act Aggregated Statistics For Year 2007
(Based on 2 partial tracts)
A) FHA, FSA/RHS & VA
Home Purchase Loans
B) Conventional
Home Purchase Loans
C) Refinancings
D) Home Improvement Loans
F) Non-occupant Loans on
< 5 Family Dwellings (A B C & D)
NumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED1$163,340157$269,949199$248,94242$81,02538$281,383
APPLICATIONS APPROVED, NOT ACCEPTED0$025$246,76537$237,8326$138,4427$240,494
APPLICATIONS DENIED0$038$341,280119$297,01915$180,46714$337,759
APPLICATIONS WITHDRAWN1$104,24016$370,79645$320,3675$87,1686$351,302
FILES CLOSED FOR INCOMPLETENESS0$04$235,36520$311,9041$41,0400$0
Choose year:  2007 2006 2005 2004 2003 2002 2001 2000 1999

Detailed HMDA statistics for the following Tracts: 0811.00

Private Mortgage Insurance Companies Aggregated Statistics For Year 2007
(Based on 2 partial tracts)
A) Conventional
Home Purchase Loans
B) Refinancings
C) Non-occupant Loans on
< 5 Family Dwellings (A & B)
NumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED23$271,00711$291,9061$305,340
APPLICATIONS APPROVED, NOT ACCEPTED3$320,9334$301,0281$146,100
APPLICATIONS DENIED2$450,6200$01$338,990
APPLICATIONS WITHDRAWN1$328,3201$307,8000$0
FILES CLOSED FOR INCOMPLETENESS0$00$00$0
Choose year:  2007 2006 2005 2004 2003 2002 2001 2000 1999

Detailed PMIC statistics for the following Tracts: 0811.00

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value




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