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ZIP Code

55054 — Elko New Market, MN

Real Estate Market Targeting Score

Real Estate Score
77/ 100 · High
Score drivers
+8 owner-occupied 92% (x0.8)-2 881 households+8 median income $157K (x1.2)+6 median home value $433K (x1.3)-1 population 2,831 (x1.2)

ZIP 55054 is a strongly owner-occupied area (92% owner occupancy) with a median household income of $157K and a median home value of $433K — earning a high Real Estate targeting score of 77/100. The high single-family detached share (88%) is a strong demand driver.

Census Demographics — ZIP 55054

Demographic SignalValue
CityElko New Market
StateMN
Total Population2,831
Total Households881
Median Household Income$157K
Owner-Occupied Households811
Owner Occupancy Rate92%
Median Home Value$433K
Single-Family Detached Share88%
Median Resident Age34 years
Median Year Built(ACS B25035)2005
Built Before 1980(older stock)15%
Built 1980–199975%
Built 2000 or Later(newer stock)11%
Source: 2024 ACS 5-Year

Comparable ZIPs in Minneapolis

55374Rogers97/High16,66188%$145K
55038Hugo95/High25,06191%$131K
55449Minneapolis95/High34,44388%$132K
55330Elk River95/High45,72184%$116K
55016Cottage Grove95/High40,69588%$121K
Real Estate market data for all metros: Real Estate service area data →
See ZIP 55054 scores across all verticals: ZIP 55054 industry comparison →

Frequently Asked Questions

Why does ZIP 55054 score 77/100 for Real Estate?▾

The score of 77/100 is driven by: +8 owner-occupied 92% (x0.8); -2 881 households; +8 median income $157K (x1.2). Each signal is weighted for the Real Estate 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 55054 to my Real Estate service area?▾

Sign up for AreaOps, create a brand for your Real Estate operation, then use the Quick Add or targeting workbench to include ZIP 55054. 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 Real Estate businesses in Minneapolis

AreaOps gives your ops team a visual territory map, bulk ZIP import, and the full scoring model — all filterable by the demographics that drive demand for your specific vertical.