US ZIP Code
55343

Hopkins, MN

Hennepin County  ·  Minnesota

● Active
👥 26,482 Population ↑ 5% since 2019
💰 $82,415 Median HH Income
▲ 8% above avg ↑ 25% since 2019
🎂 39.0 Median Age ↑ 7% since 2019
🏠 $350,700 Median Home Value
▲ 26% above avg ↑ 45% since 2019
🎓 59.6% College Grads
▲ 54% above avg
📊 4.4% Unemployment
▼ 10% below avg ↑ 59% since 2019
ZIP Code Details
ZIP Code55343
CityHopkins
StateMinnesota (MN)
CountyHennepin County
Area Code612/651/763/952
Elevation889 ft
Latitude44.914372
Longitude-93.416254
TimezoneChicago (DST)
FIPS27053
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 48.3% (12,788) Female 51.7% (13,694) ♀

Race & Ethnicity

White: 66.4%Hispanic: 4.2%Black: 16.6%Asian: 4.2%Other: 8.2%Race
White66.4%
Hispanic4.2%
Black16.6%
Asian4.2%
Other8.2%

Age Breakdown

Under 5
7%
5–17
11%
18–24
5%
25–44
34%
45–64
24%
65+
7%

Key Indicators

Median Age39.0 yrs ↑ 7% since 2019
Avg Household Size1.96
Below Poverty8.8% ▼ 12% below avg
College Grads59.6% ▲ 54% above avg
Unemployment4.4% ▼ 10% below avg
No HS Diploma152 (0.8%)
HS Graduate3,325 (16.9%)
Some College1,587 (8%)
Associates2,901 (14.7%)
Bachelors1,535 (7.8%)
Graduate Degree10,223 (51.8%)

Education

No HS: 0.8%HS Grad: 16.9%Some College: 8%Associates: 14.7%Bachelors: 7.8%Graduate: 51.8%Edu
No HS0.8%
HS Grad16.9%
Some College8.0%
Associates14.7%
Bachelors7.8%
Graduate51.8%
Housing & Income

Housing Tenure

Owner: 46.6%Renter: 53.4%Tenure
Owner46.6%
Renter53.4%

Home Value Distribution

Under $50k
2%
$50k–100k
1%
$100k–150k
5%
$150k–200k
5%
$200k–300k
25%
$300k–500k
43%
Over $500k
20%

Financials

Median HH Income$82,415 ▲ 8% above avg ↑ 25% since 2019
Median Home Value$350,700 ▲ 26% above avg ↑ 45% since 2019
Home/Income Ratio4.3x (nat avg ~3.5x)
Median Rent$1,427/mo ↑ 29% since 2019
Total Units14,111
Vacant Units760
Avg HH Size1.96

Income Distribution

Under $25k
12%
$25k–50k
15%
$50k–75k
18%
$75k–100k
16%
$100k–150k
20%
$150k–200k
8%
Over $200k
11%
Employment & Commute

How People Get to Work

Drove Alone
73%
Public Transit
2%
Walked
2%
Work From Home
23%

Commute Time

Under 15 min
32%
15–30 min
49%
30–45 min
15%
Over 45 min
4%
Housing Stock

Year Built

Before 1940
7%
1940s–1950s
17%
1960s–1970s
16%
1980s–1990s
5%
2000+
55%

Summary

Total Units14,111
Vacant760
Owner Occupied46.6%
Renter Occupied53.4%
Avg HH Size1.96
Frequently Asked Questions
ZIP code 55343 is in Hopkins, MN, in Hennepin County.
ZIP code 55343 is located in Minnesota (MN).
ZIP code 55343 is in Hennepin County, MN.
ZIP 55343 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 55343 is 26,482 people (ACS 2023).
The median household income in ZIP code 55343 is $82,415 (ACS 2023).
The median home value in ZIP 55343 is $350,700 (ACS 2023).
About ZIP Code 55343

ZIP code 55343 is located in Hopkins, Minnesota, within Hennepin County. With a population of 26,482, this is a moderately populated ZIP code with a middle-aged community — the median age is 39 years. Economically, 55343 is a middle-income ZIP code: the median household income of $82,415 is near the national average.

Real estate in ZIP code 55343 represents a mid-range housing market. The median home value of $350,700 is above the national average. Renters can expect to pay around $1,427 per month in median rent. The area has a relatively balanced mix of owners (46.6%) and renters (53.4%). Median home values have increased by 45% since 2019.

The population of 55343 is majority White (66.39%). Residents are well-educated — 59.6% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 8.8%. Household income has grown by 25% since 2019.

The unemployment rate in 55343 stands at 4.4%, which is near the national average. About 21% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 67%.

Overall, ZIP code 55343 in Hopkins, MN is characterized as middle-income, well-educated, and a middle-aged community. With 26,482 residents, a median household income of $82,415, and a median home value of $350,700, it offers a clear picture of life in this part of Minnesota.