| ZIP Code | 55305 |
|---|---|
| City | Hopkins |
| State | Minnesota (MN) |
| County | Hennepin County |
| Area Code | 612/651/763/952 |
| Elevation | 950 ft |
| Latitude | 44.956346 |
|---|---|
| Longitude | -93.428092 |
| Timezone | Chicago (DST) |
| FIPS | 27053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.8 yrs ↓ 2% since 2019 |
|---|---|
| Avg Household Size | 2.14 |
| Below Poverty | 5.1% ▼ 50% below avg |
| College Grads | 69.9% ▲ 80% above avg |
| Unemployment | 2.0% ▼ 58% below avg |
| No HS Diploma | 47 (0.3%) |
| HS Graduate | 1,943 (12.7%) |
| Some College | 660 (4.3%) |
| Associates | 1,948 (12.8%) |
| Bachelors | 1,271 (8.3%) |
| Graduate Degree | 9,385 (61.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $106,480 ▲ 40% above avg ↑ 29% since 2019 |
|---|---|
| Median Home Value | $442,200 ▲ 59% above avg ↑ 33% since 2019 |
| Home/Income Ratio | 4.2x (nat avg ~3.5x) |
| Median Rent | $1,774/mo ↑ 27% since 2019 |
| Total Units | 10,463 |
| Vacant Units | 578 |
| Avg HH Size | 2.14 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 10,463 |
|---|---|
| Vacant | 578 |
| Owner Occupied | 58.6% |
| Renter Occupied | 41.4% |
| Avg HH Size | 2.14 |
ZIP code 55305 is located in Hopkins, Minnesota, within Hennepin County. With a population of 21,274, this is a moderately populated ZIP code with a middle-aged community — the median age is 39.8 years. Economically, 55305 is a upper-middle-income ZIP code: the median household income of $106,480 is above the national average.
Real estate in ZIP code 55305 represents a premium housing market. The median home value of $442,200 is significantly above the national average. Renters can expect to pay around $1,774 per month in median rent. The area has a relatively balanced mix of owners (58.6%) and renters (41.4%). Median home values have increased by 33% since 2019.
The population of 55305 is primarily White (77.98%). Residents are highly educated — 69.9% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 5.1%. Household income has grown by 29% since 2019.
The unemployment rate in 55305 stands at 2.0%, which is well below the national average. About 24% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 67%.
Overall, ZIP code 55305 in Hopkins, MN is characterized as upper-middle-income, highly educated, and a middle-aged community. With 21,274 residents, a median household income of $106,480, and a median home value of $442,200, it offers a clear picture of life in this part of Minnesota.