55024 — Farmington, MN
HVAC Market Targeting Score
ZIP 55024 is a strongly owner-occupied area (89% owner occupancy) with a median household income of $127K and a median home value of $379K — earning a high HVAC targeting score of 84/100. The high single-family detached share (72%) is a strong demand driver.
Census Demographics — ZIP 55024
| Demographic Signal | Value |
|---|---|
| City | Farmington |
| State | MN |
| Total Population | 37,287 |
| Total Households | 12,760 |
| Median Household Income | $127K |
| Owner-Occupied Households | 11,318 |
| Owner Occupancy Rate | 89% |
| Median Home Value | $379K |
| Single-Family Detached Share | 72% |
| Median Resident Age | 36 years |
| Median Year Built(ACS B25035) | 1996 |
| Built Before 1980(older stock) | 33% |
| Built 1980–1999 | 59% |
| Built 2000 or Later(newer stock) | 9% |
| Source: 2024 ACS 5-Year | |
Comparable ZIPs in Minneapolis
Frequently Asked Questions
Why does ZIP 55024 score 84/100 for HVAC?▾
The score of 84/100 is driven by: +10 owner-occupied 89% (x1.2); +4 12,760 households; +5 median income $127K (x1.1). Each signal is weighted for the HVAC vertical using AreaOps's per-vertical preset.
What does the targeting score mean for my business?▾
A score of 75–100 indicates strong demographic alignment with typical demand patterns for this vertical. 50–74 is moderate, and below 50 indicates the area demographics are less favorable. Use it as a starting signal — not the sole qualifier.
How do I add ZIP 55024 to my HVAC service area?▾
Sign up for AreaOps, create a brand for your HVAC operation, then use the Quick Add or targeting workbench to include ZIP 55024. You can also import a bulk list of high-scoring ZIPs as a CSV or XLSX file.
How often is the data updated?▾
Scores are refreshed monthly from 2024 ACS 5-Year data. The vintage note on this page shows which release powers the current score.
Manage Your Service Areas — for HVAC businesses in Minneapolis
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