Hopkins, MN 55305 ZIP Code Profile

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Hopkins, MN | Minnetonka, MN
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ZIP Code 55305: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Hopkins, MN 55305

Acceptable Alternative
Minnetonka, MN 55305

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 826
  • Single Family Addresses: 5,312
  • Multi-Family Addresses: 4,845
  • County: Hennepin County
  • Centroid: Latitude 44.952, Longitude -93.427
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes

Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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55305 ZIP Code Map

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Hopkins, MN 55305 Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 20,795
Daytime Population: Workers 26,604
Daytime Population: Residents 9,434
Total Daytime Population (TDP) 36,038
Ratio TDP/Total Population1 1.73
Population in Households 20,675
Population in Familes 14,774
Population in Group Qrtrs 120
Population Density2 2,205
Diversity Index3 35
 

INCOME

Median Household Income $73,659
Average Household Income $107,830
Per Capita Income $51,316

HOUSING

Total Housing Units 10,627 (100%)
Owner Occupied HU 5,635 (53.0%)
Renter Occupied HU 4,239 (39.9%)
Vacant Housing Units 753 ( 7.1%)
Median Home Value $319,221
Average Home Value $376,624
 

HOUSEHOLDS

Total Households 9,874
Average Household Size 2.09
Family Households 5,278
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.95% 0.96%
Households 0.87% 0.9%
Families 0.74% 0.8%
Median Household Income   1.95%
Per Capita Income   2.17%

Hopkins, MN 55305 - Peer Comparisons by Rank and Percentile

The table below compares 55305 to the other 883 ZIP Codes in Minnesota by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 92 90th
Population Density # 81 91st
Diversity Index # 144 84th
Median Household Income # 128 86th
Per Capita Income # 29 97th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.


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