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ZipNumbers

Minnesota · Census place 30140

Hopkins city, MN

Quick answer

Hopkins city has 18,696 residents, ranking #64 of 914 places in Minnesota. Median household income is $71,170, the median home is worth $350,100 and median gross rent runs $1,346 a month.

Population
18,696Hopkins city residents
Median household income
$71,170Past 12 months, inflation adjusted
Median home value
$350,100Owner-occupied units
Median gross rent
$1,346Rent plus utilities, monthly
Median age
38.1 yrsAll residents
Homeownership rate
37.3%Owner-occupied households

What the numbers mean in Hopkins city

Housing cost measured against local earnings.

A household earning the Hopkins city median would spend about 22.7% 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 4.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10% of residents and 37.3% 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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