Zip Code 55024
Farmington, Minnesota — Dakota County
📍 ZIP code 55024 is in Farmington, Dakota County, Minnesota.
ZIP code 55024 is located in Farmington, Dakota County, Minnesota. It is a zip code in the Central (CST/CDT) Time Zone with an estimated population of 36,681. The area code for ZIP code 55024 is 612.
Quick Answer
Zip code 55024 is in Farmington, Minnesota (Dakota County). It has a population of 36,681, median household income of $123,582, and median home value of $350,500.
Population
36,681
Income
$123,582
Home Value
$350,500
Climate
82°F / 8°F
About Zip Code 55024
Zip code 55024 is located in Farmington, Minnesota, within Dakota County. Home to approximately 36,681 residents, this area sits at an elevation of 898 ft and falls within the Central (CST/CDT) timezone. The local area code is 612.
The median household income is $123,582 per year, which is above the national median of $70,784. Homes in this zip code have a median value of $350,500, and the cost of living index is 133 (33% above the national average of 100).
Summers average a high of 82°F while winters drop to 8°F. The area receives about 32 in of rain and 41 in of snow annually. The zip code covers 89 square miles of land area and 1.2 square miles of water.
Key Statistics
36,681
$123,582
$350,500
Central (CST/CDT)
612
898 ft
89 sq mi
36.2
12,840
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Compare With Nearby Zip Codes
| Metric | 55024 | 55065 | 55044 | 55031 | 55068 | 55085 |
|---|---|---|---|---|---|---|
| City | Farmington, MN | Cannon Falls, MN | Lakeville, MN | Cannon Falls, MN | Rosemount, MN | Vermillion, MN |
| Population | 36,681 | 1,320 | 63,280 | 1,682 | 32,194 | 409 |
| Median Income | $123,582 | $116,500 | $140,612 | $113,654 | $125,271 | $93,333 |
| Home Value | $350,500 | $372,100 | $464,500 | $393,400 | $379,500 | $291,400 |
| Cost of Living | 133 | 134 | 164 | 135 | 142 | 109 |
| Median Age | 36.2 | 38.8 | 37.3 | 44.3 | 38.2 | 50.1 |
Cost of Living
100 = National Average. Farmington's cost of living is 33% above the national average.
vs. State Avg
Above
Affordability
Expensive
Income-to-Home
2.8x
Demographics
Zip code 55024 has a population of 36,681 people with a median age of 36.2. There are 12,840 housing units in this area.
Racial & Ethnic Composition
Source: U.S. Census Bureau American Community Survey estimates.
Population History
Farmington (55024) population trend from 2010 to 2024
↓ -24.0%Source: U.S. Census Bureau estimates and American Community Survey data.
Climate & Weather
82°F
8°F
32 in
41 in
Farmington experiences warm summers with average highs around 82°F. Winters are cold with lows averaging 8°F. With 41 in of annual snowfall, residents should be prepared for significant winter weather.
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Housing & Economy
Median Home Value
$350,500
Median Household Income
$123,582
With 12,840 housing units across 89 square miles, 55024 has a housing density of 144 units per square mile. The home price-to-income ratio is 2.8x.
Location & Geography
Latitude
44.6271°
Longitude
-93.1250°
Land Area
89 sq mi
Water Area
1.2 sq mi
Nearby Zip Codes
Zip codes closest to 55024 (Farmington, MN) with distances:
Related Cities in Minnesota
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ZIP Codes with Similar Income Nationwide
The five U.S. ZIP codes whose median household income is closest to 55024's $123,582. A way to compare Farmington to economically similar communities elsewhere in the country.
Computed from U.S. Census Bureau ACS 5-Year Estimates by the Zip Code Near Me Data Team.
ZIP Codes with Similar Demographics
The five U.S. ZIP codes whose racial and ethnic composition most closely matches 55024 (Farmington, MN). Similarity is measured by cosine distance on the five-category ACS demographic vector.
Computed from U.S. Census Bureau ACS 5-Year Estimates by the Zip Code Near Me Data Team.
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People Also Ask
What zip code is Farmington, Minnesota?
Farmington, Minnesota uses zip code 55024.
What county is zip code 55024 in?
Zip code 55024 is located in Dakota County, Minnesota.
What is the population of zip code 55024?
The population of zip code 55024 is 36,681 with a median age of 36.2.
Is 55024 in Farmington, Minnesota?
Yes, zip code 55024 is in Farmington, Dakota County, Minnesota. The area code is 612.
Frequently Asked Questions
What city is zip code 55024 in?
Zip code 55024 is in Farmington, Minnesota. It is part of Dakota County and uses the Central (CST/CDT) timezone.
What is zip code 55024?
Zip code 55024 is a U.S. postal code in Farmington, Minnesota (Dakota County). It has a population of 36,681 and covers 89 square miles.
What is the population of zip code 55024?
The population of zip code 55024 (Farmington, MN) is 36,681 with a median age of 36.2. There are approximately 12,840 housing units in this area.
What is the median income in zip code 55024?
The median household income in zip code 55024 (Farmington, MN) is $123,582 per year. The cost of living index is 133 (100 = national average).
What is the average home price in zip code 55024?
The median home value in zip code 55024 (Farmington, MN) is $350,500. The cost of living index is 133 compared to the national average of 100.
What county is zip code 55024 in?
Zip code 55024 is located in Dakota County, Minnesota. The primary city is Farmington.
What is the area code for zip code 55024?
Zip code 55024 in Farmington, MN uses area code 612. It is located in the Central (CST/CDT) timezone.
Is zip code 55024 a good place to live?
Zip code 55024 (Farmington, MN) has a cost of living index of 133 (100 = national average), a median household income of $123,582, and median home values of $350,500. The median age is 36.2. Visit the full page for demographics, climate, and nearby zip code comparisons.
What is the cost of living in zip code 55024?
The cost of living index for zip code 55024 (Farmington, MN) is 133, where 100 represents the national average. This area is above the national average. Median home value: $350,500.
What schools serve zip code 55024?
Zip code 55024 in Farmington, Minnesota is served by the local school district of Dakota County. For specific school information, check your state's department of education or GreatSchools.org.
All demographic data on this page is sourced from the U.S. Census Bureau American Community Survey (ACS) 5-Year Estimates. ZIP code boundary and delivery data is sourced from the United States Postal Service (USPS). Data is updated periodically and may not reflect the most current figures. Census Bureau ZIP Code Tabulation Areas (ZCTAs) may differ slightly from USPS ZIP code boundaries.
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Data Sources
- Population, income, housing, age, and demographics
- U.S. Census Bureau, American Community Survey 5-Year Estimates, 2019-2023 vintage.
- ZIP to city and county mapping
- USPS and HUD-USPS ZIP-County Crosswalk.
- Time zones and area codes
- IANA tz database and NANPA.
- Elevation
- U.S. Geological Survey National Elevation Dataset (NED), via the USGS Elevation Point Query Service. Mapped to each ZCTA centroid coordinates. Last refreshed 2026-05-19.
- Last refreshed
- 2026-05-18.