55044 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Dakota County
Centroid: Latitude 44.652, Longitude -93.247
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 55044 has segments in 2 Counties (Dakota, Scott).

Businesses Addresses: 1,171
PO Box Addresses: 242
Residential Addresses: 24,168

Multi-Family Addresses: 2,343
Single Family Addresses: 21,825

The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2025, Maps updated: May 1, 2024.

Lakeville, MN 55044 Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	60,712 (100%)
Population in Households	60,562 (99.8%)
Population in Families	54,334 (89.5%)
Population in Group Quarters¹	150 ( 0.2%)
Population Density	984
Diversity Index²	43


INCOME
Median Household Income	$133,830
Average Household Income	$164,538
% of Income for Mortgage⁴	24%
Per Capita Income	$56,462
Wealth Index⁵	157
Socioeconomic Status Index⁶	Moderate (63.5)

HOUSING
Total HU (Housing Units)	21,647 (100%)
Owner Occupied HU	17,360 (80.2%)
Renter Occupied HU	3,478 (16.1%)
Vacant Housing Units	809 ( 3.7%)
Median Home Value	$515,658
Average Home Value	$546,056
Housing Affordability Index³	95

HOUSEHOLDS
Total Households	20,838
Average Household Size	2.91
Family Households	16,693
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Lakeville, MN 55044 - Peer Comparisons by Rank and Percentile

The table below compares 55044 to the other 882 ZIP Codes in Minnesota by rank and percentile using July 1, 2025 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	1.79%	0.97%
Households	2.20%	1.15%
Families		0.82%
Median Household Income		2.66%
Per Capita Income		1.76%
Owner Occupied HU		1.12%

Variable Description	Rank	Percentile
Total Population	# 1	100th
Population Density	# 124	86th
Median Household Income	# 32	96th
Housing Affordability Index	# 454	51st
Per Capita Income	# 76	91st
Diversity Index	# 171	81st

55044 ZIP Code Profile, Map, Data & Demographics

ZIP Code 55044: Basic Data & USPS Preferred City Name

Lakeville, MN 55044 Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lakeville, MN 55044 - Peer Comparisons by Rank and Percentile

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