About Zip Code 54020

54020 is a zip code in the Minneapolis Metropolitan area. It has a population of 7,880 and a population density of 96, which is 2% above the national average. It has a median age of 44, which is 7 years above the Minneapolis Metro median age and 5 years above the national average.


Zip code 54020 has a median home value of $333,122, which is 13% below the Metro average.The average rent of $836 is 48% below the metro average rent and 60% below the national average rent The average household income in zip code 54020 is $80,353 , which is 12% below the Metro average household income and 7% above the national average of household income.

$333,122Median Home Value
$382,508 Minneapolis Metro Area
$836Median Rent
$1,611 Minneapolis Metro Area

Towns of Zip Code 54020

Nearby Zip Codes

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Zip code 54020's population is made up of 57% married, 25% single, 13% divorced and 5% widowed. Baby Boomers make up the largest percentage of the population at 42%, while Gen Z have the second largest segment at 25%. Homeowners make up 75% of the population in zip code 54020.

7,880Population
3,712,020 Minneapolis Metro Area
96Population Density
  • 50% Male
  • 50% Female
44 Median Age
37 Minneapolis Metro Area
See Detailed Demographics Data for Zip Code 54020

The Per Capita income in zip code 54020 is $39,641. The Median Household Income is $80,353

$39,641Income Per Capita
$51,107 Minneapolis Metro Area
$80,353Median Household Income
$95,102 Minneapolis Metro Area
9% Poverty Rate
8% Minneapolis Metro Area
4% Unemployment Rate
3% Minneapolis Metro Area
See Detailed Employment Data for Zip Code 54020
Amenities in Zip Code 54020
See Detailed Amenities Data for Zip Code 54020
$333,122Median Home Value
$382,508 Minneapolis Metro Area
$836Median Rent
$1,611 Minneapolis Metro Area
2Average Household Size
2 Minneapolis Metro Area

Occupancy Type

Renters
25%
Home Owners
75%
See Detailed Real Estate Data for Zip Code 54020

Farmington crime index is 28 which is lower than the national average.

28
Crime Index
100
National Crime Index

Crime Index represents the risk of crime occurring in a area and is measured against national index of 100. If the Crime Index of an area is above 100 the crime in that area is relatively higher when compared to US. If the Crime Index of an area is below 100 the crime in that area is lower when compared to US.

See Detailed Crime Data for Zip Code 54020
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