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Hopkins, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
18,819
Population
$75,234
Median Income
$375,600
Home Value
37.8
Median Age

Demographics

Hopkins has a population of 18,819 with a median age of 37.8. Here is the racial and ethnic breakdown of the population:

White
63.4%
Black
20.8%
Other
7.1%
Hispanic
5.2%
Asian
3.5%
Demographic Value
Total Population18,819
Median Age37.8
White63.4%
Black or African American20.8%
Asian3.5%
Hispanic or Latino5.2%
Other / Two or More Races7.1%
Hopkins, Minnesota — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 63.4%Black: 20.8%Other: 7.1%Hispanic/Latino: 5.2%Asian: 3.5%18,819PopulationWhiteWhite63.4%BlackBlack20.8%OtherOther7.1%Hispanic/LatinoHispanic/Latino5.2%AsianAsian3.5%

Income & Economy

The median household income in Hopkins is $75,234, which is 6.7% below the national median of $80,610. The per capita income is $48,787. The poverty rate is 12.1%.

$75,234
Median Household Income
$48,787
Per Capita Income
12.1%
Poverty Rate

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Education

In Hopkins, 94.3% of residents age 25+ have a high school diploma or higher, and 45.6% hold a bachelor's degree or higher (14.4% with a graduate or professional degree).

HS Diploma+
94.3%
Bachelor's+
45.6%
Graduate+
14.4%
Education Level % of Adults (25+)
High School Diploma or Higher94.3%
Bachelor's Degree or Higher45.6%
Graduate or Professional Degree14.4%

Housing

The median home value in Hopkins is $375,600, above the national median of $303,400. The median monthly rent is $1,468. The homeownership rate is 36.5%.

$375,600
Median Home Value
$1,468/mo
Median Rent
36.5%
Homeownership Rate
Housing Metric Value
Median Home Value$375,600
Median Monthly Rent$1,468
Homeownership Rate36.5%
Vacancy Rate5.9%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Hopkins, Minnesota?
The population of Hopkins, Minnesota is 18,819 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hopkins, Minnesota?
The median household income in Hopkins, Minnesota is $75,234. This is 6.7% below the national median of $80,610.
What is the median home value in Hopkins, Minnesota?
The median home value in Hopkins, Minnesota is $375,600. The median monthly rent is $1,468.
What percentage of people in Hopkins have a college degree?
In Hopkins, Minnesota, 45.6% of adults age 25 and older hold a bachelor's degree or higher, and 94.3% have a high school diploma or higher.
Is Hopkins, Minnesota an affordable place to live?
The home price-to-income ratio in Hopkins, Minnesota is 5.0x (median home value $375,600 vs. median income $75,234), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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