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ZipNumbers

Iowa · Census place 37155

Hopkinton city, IA

Quick answer

Hopkinton city has 586 residents, ranking #434 of 1026 places in Iowa. Median household income is $80,536, the median home is worth $108,900 and median gross rent runs $505 a month.

Population
586Hopkinton city residents
Median household income
$80,536Past 12 months, inflation adjusted
Median home value
$108,900Owner-occupied units
Median gross rent
$505Rent plus utilities, monthly
Median age
38.3 yrsAll residents
Homeownership rate
83.3%Owner-occupied households

What the numbers mean in Hopkinton city

Housing cost measured against local earnings.

A household earning the Hopkinton city median would spend about 7.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.8% of residents and 83.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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