ZIP Code 55123 Demographics

Dakota County, Minnesota  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 55123 compared to county averages.

Total Population

27,821

↓ 93.7% vs county

Median HH Income

$131,344

↑ +29.6% vs county

Median Home Value

$416,100

↑ +22.0% vs county

Median Age

39.5 yrs

↓ +2.9% vs county

Unemployment Rate

2.2%

↑ 39.5% vs county

Income & Housing Comparison

How ZIP 55123 compares to Dakota County and Minnesota overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 55123 $131k Dakota $101k Minnesota $84k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 55123 $416k Dakota $341k Minnesota $287k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

39.0%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

81.6%

of occupied housing units are owner-occupied

Median Gross Rent

$1,472

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 55123 using local Census metrics.

Median Home Value$416,100
Down Payment (20%)$83,220
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$2,641P&I: $2104 | Tax: $416 | Ins: $121
Rent (Local Median)
$1,472
Renting is CheaperRenting is estimated to save you $1,169/month compared to buying costs.

How Does 55123 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 55123 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 55123, sorted by distance.

55121 3.0 mi away dakota county 55077 3.3 mi away dakota county 55120 4.7 mi away dakota county 55425 5.5 mi away hennepin county 55076 5.5 mi away dakota county 55068 5.7 mi away dakota county 55150 5.8 mi away dakota county 55111 5.9 mi away hennepin county

About Dakota County

Dakota County is located in Minnesota and has a total population of 439,179. The county's median household income is $101,360 and median home value is $341,200. ZIP code 55123 is one of many ZCTAs within this county.

View all ZIP codes in Dakota County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.