Elko New Market is a city in Scott County, Minnesota, home to about 5,002 people across 3.5 square miles. Its ZIP codes are 55020 and 55054.
Homes sold for a median of $204 per square foot across 2 ZIP codes in the three months ending August 2026, and 1 of 2 were seller’s markets.
Mostly Elko New Market; also New Market and Cedar Lake
Each card is that ZIP code’s whole market, including any part outside Elko New Market. Seller’s market: under 4 months of supply; buyer’s market: over 6. Methodology
We’re writing up Elko New Market’s story and what everyday life there is like, for people thinking about moving in.
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| Nearest major airport | Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP)22 miles away |
|---|---|
| Nearest city of 250,000+ | Minneapolis, MN28 miles away |
| Nearest city of 1 million+ | Chicago, IL341 miles away |
Straight-line distances from the center of Elko New Market; driving is longer.
Source: Airports from OurAirports (scheduled passenger service); city centers and populations from the U.S. Census Bureau.
Source: Members of Congress from the congress-legislators project; districts from the Census Bureau’s relationship files; governor and mayor from Wikidata.
Elko New Market had 4,846 residents in the 2020 census, up 18% since 2010.
It’s the 161st largest of 2,727 towns in Minnesota by population.
Scott County grew from 15,147 residents in 1900 to 150,928 in 2020.
Scott County, 1900–2020
Source: U.S. Census Bureau decennial censuses (counties 1900–1990 from the Bureau’s historical county file).
Average highs peak around 82°F in summer, and winter lows average 8°F. About 32.3 inches of rain and melted snow fall in a typical year, with about 41 inches of snow.
Source: NOAA 1991–2020 climate normals, Farmington 3 Nw, MN weather station (11 miles away).
60,419 jobs at 3,655 businesses in Scott County. The biggest industries by employees:
Source: U.S. Census Bureau County Business Patterns 2023 (private employers; jobs counted where people work).
6 doctors and other health care providers list an office in Elko New Market’s ZIP codes.
Nearest hospitals
Providers with an office here
| Nurse practitioners and physician assistants | 1 |
|---|---|
| Mental health providers | 2 |
| Physical and occupational therapists | 1 |
| Chiropractors | 2 |
| Pharmacies | 1 |
Source: Hospitals from CMS Hospital General Information (ratings are CMS overall star ratings); straight-line distances; providers from the CMS National Plan and Provider Enumeration System (NPPES), by practice address and primary specialty.
Parks (2 nearby)
Libraries (2 nearby)
Counts are within about 1.5 miles of the center of town.
Source: Map data © OpenStreetMap contributors (openstreetmap.org/copyright), as mapped by volunteers; it can miss places or include closed ones.
Public schools here are run by New Prague Area Schools. Check each district’s attendance zones for a specific address.
| School | Grades | Students | Type | Distance |
|---|---|---|---|---|
| Eagle ViewElko New Market | Pre-K–5 | 527 | Public | 2.3 mi |
Source: U.S. Department of Education, NCES: Common Core of Data (2024-2025) for public schools. Listed by address; we don’t rate schools.
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Shares ZIP codes with New Market and Cedar Lake.
Town boundaries don’t always match ZIP codes: a ZIP code can cross into neighboring towns, and a town can share a ZIP code with its neighbors. Facts describe the town itself; market figures describe whole ZIP codes.