Real Estate Market Update for 55024 (Farmington, MN)
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Map Information for 55024 (Farmington, MN)

Area Information for 55024 (Farmington, MN)
  • Population: 34,879
  • Median Age: 36.31 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 400/sq mi
  • Population Change Since 2000: 73.89%
  • Closest Airport: Minneapolis-st Paul International/wold-chamberlain
  • Closest College: Rasmussen College-eagan
  • Closest Jr. College: Dakota County Technical College
  • Median Household Income: $97,897
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $340,000
  • Closest Major Sports Team: Minnesota Swarm
  • Change Avg. Household Income Since 2000: 68.55%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 55024 (Farmington, MN)
Median Age: 36.31 Married: 48% Number of Households: 11,622 Households with Children: 5,172
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 55024 (Farmington, MN)

      School Name Distance Type Grades School Rating
      Dakota Prairie Area Learning Center 0.4 mi Public 6-8 3
      Farmington Elementary School 0.5 mi Public K-5 1
      Levi P. Dodge Middle School 0.6 mi Public 6-8 3
      Riverview Elementary School 0.7 mi Public K-5 2
      Gateway Academy 0.7 mi Public 6-8 2
      Great Oaks Academy Charter School 2.2 mi Public K-4 0
      Akin Road Elementary School 2.2 mi Public PRESCHOOL-5 2
      917 Paces 2.2 mi Public K-12 0
      Farmington High School 2.5 mi Public 9-12 3
      Meadowview Elementary School 2.8 mi Public K-5 4
      North Trail Elementary School 4.7 mi Public K-5 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for 55024 (Farmington, MN)
        Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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