| ZIP Code | 55031 |
|---|---|
| City | Hampton |
| State | Minnesota (MN) |
| County | Dakota County |
| Area Code | 651/952 |
| Elevation | 997 ft |
| Latitude | 44.612517 |
|---|---|
| Longitude | -92.962163 |
| Timezone | Chicago (DST) |
| FIPS | 27037 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.3 yrs ↑ 14% since 2019 |
|---|---|
| Avg Household Size | 2.55 |
| Below Poverty | 4.2% ▼ 58% below avg |
| College Grads | 36.3% ≈ Avg |
| Unemployment | 2.9% ▼ 42% below avg |
| HS Graduate | 442 (37.7%) |
| Some College | 113 (9.6%) |
| Associates | 192 (16.4%) |
| Bachelors | 183 (15.6%) |
| Graduate Degree | 243 (20.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $113,654 ▲ 49% above avg ↑ 6% since 2019 |
|---|---|
| Median Home Value | $393,400 ▲ 41% above avg ↑ 38% since 2019 |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $1,156/mo ↑ 20% since 2019 |
| Total Units | 726 |
| Vacant Units | 66 |
| Avg HH Size | 2.55 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 726 |
|---|---|
| Vacant | 66 |
| Owner Occupied | 93.6% |
| Renter Occupied | 6.4% |
| Avg HH Size | 2.55 |
ZIP code 55031 is located in Hampton, Minnesota, within Dakota County. With a population of 1,682, this is a sparsely populated ZIP code with a middle-aged community — the median age is 44.3 years. Economically, 55031 is a upper-middle-income ZIP code: the median household income of $113,654 is above the national average.
Real estate in ZIP code 55031 represents a mid-range housing market. The median home value of $393,400 is above the national average. Renters can expect to pay around $1,156 per month in median rent. Homeownership is strong here — 93.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 38% since 2019.
The population of 55031 is primarily White (92.03%). Residents are moderately educated — 36.3% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 4.2%. Household income has grown by 6% since 2019.
The unemployment rate in 55031 stands at 2.9%, which is below the national average. About 13% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 55031 in Hampton, MN is characterized as upper-middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 1,682 residents, a median household income of $113,654, and a median home value of $393,400, it offers a clear picture of life in this part of Minnesota.