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Hopkins, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Hopkins, Minnesota had a total population of 18,819, the 64th largest city in Minnesota, with a median household income of $75,234, which is 16% lower than the state average. The poverty rate is 12.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Hopkins Quick Facts

Population 18,819
Median Household Income $75,234
Median Home Value $375,600
Poverty Rate 12.1%
Unemployment Rate 6.4%
Median Age 37.8 years
Homeownership Rate 36.5%
Affordability Ratio 5.0x
Bachelor's Degree or Higher 45.6%
High School Graduation Rate 94.3%
Diversity Index 57/100
Population 18,819 64th of 914
Median Income $75,234 above average
Poverty Rate 12.1% 2% lower than national
Median Home Value $375,600 top 20%

How Hopkins Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population18,69618,819+0.7%
Median household income$71,170$75,234+5.7%
Median home value$350,100$375,600+7.3%

How Hopkins Compares

Economy & Housing

Household Income Distribution

Under $25K 15.2%
$25K-$50K 15.9%
$50K-$100K 35.8%
$100K+ 33.2%
Detailed income brackets
Under $10K
4.6%
$10K-$15K
2.9%
$15K-$20K
5.0%
$20K-$25K
2.7%
$25K-$30K
2.9%
$30K-$35K
1.8%
$35K-$40K
3.4%
$40K-$45K
4.5%
$45K-$50K
3.3%
$50K-$60K
6.5%
$60K-$75K
12.2%
$75K-$100K
17.1%
$100K-$125K
10.6%
$125K-$150K
6.2%
$150K-$200K
8.1%
$200K+
8.3%

Employment

6.4% Unemployment Rate State: 4.1%|National: 5.2%
72.2% Labor Force Participation

Housing Overview

Owner 36.5%
Renter 63.5%
Affordability Index Expensive
5.0x home value to income ratio
Median gross rent $1,468/mo 23.4% of median household income annually

People & Demographics

Diversity Index

57out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 41 | National average: 61

Education

Hopkins Rankings in Minnesota

#64 Population of 914
#359 Median Income of 887
#81 Education of 914
#92 Home Value of 870

Other Cities in Hennepin County

CityPopulationMedian IncomePovertyHome Value
Minneapolis 427,246 $80,846 16.0% $362,200
Bloomington 88,665 $93,211 9.2% $361,700
Brooklyn Park 83,876 $89,891 9.5% $336,200
Plymouth 79,220 $136,534 4.3% $491,200
Maple Grove 71,173 $132,731 4.0% $418,300
Eden Prairie 63,051 $130,489 4.6% $473,900
Edina 53,262 $128,767 4.7% $646,300
Minnetonka 53,064 $119,517 5.9% $475,800
St. Louis Park 49,594 $101,648 6.9% $386,800
Richfield 36,642 $85,132 8.2% $344,000

Cities Similar to Hopkins

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Anoka17,970$75,948$308,70026.6%8.3%
Albert Lea18,330$64,603$157,50017.4%12.8%
Sartell19,758$84,131$297,30040.9%7.4%
New Hope21,181$77,662$337,00036.1%10.8%
Northfield20,742$84,895$329,40053.3%8.8%

Population Overview

Hopkins is a small city located in Minnesota, within Hennepin County. The total population is 18,819. It ranks as the 64th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Hopkins is 37.8 years. This is 3% lower than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Hopkins is $75,234. This is 16% lower than the state median of $89,062. It is also 7% lower than the national median of $80,734. The poverty rate stands at 12.1%. This is 31% higher than the state poverty rate of 9.3%. The unemployment rate is 6.4%. This is 58% higher than the state rate of 4.1%. The median home value is $375,600. Housing costs are 14% higher than the state median of $329,300. The home-value-to-income ratio is 5.0x. 36.5% of occupied housing units are owner-occupied. This homeownership rate is 49% lower than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Hopkins is White (non-Hispanic), making up 61.3% of the population. Black or African American residents account for 20.8%. The Black or African American population is significantly higher than the state average (20.8% vs 7.0%).

Education

45.6% of residents aged 25 and older hold a bachelor's degree or higher. This places Hopkins in the top 10% of all cities in the state for educational attainment. This is 16% higher than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.3%.

Data Sources & Methodology

All demographic data for Hopkins, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Hopkins, Minnesota?

Hopkins, Minnesota has a population of 18,819 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hopkins, MN?

The median household income in Hopkins is $75,234, which is 7% lower than the national median of $80,734.

What is the poverty rate in Hopkins, MN?

The poverty rate in Hopkins is 12.1%. This means approximately 2,258 residents live below the federal poverty line.

What is the racial makeup of Hopkins, Minnesota?

Hopkins's population is 61.3% White, 20.8% Black, 5.2% Hispanic/Latino, and 3.5% Asian.

What is the median home value in Hopkins, MN?

The median home value in Hopkins is $375,600. The home-value-to-income ratio is 5.0x.

How educated is Hopkins, Minnesota?

45.6% of adults (25+) in Hopkins hold a bachelor's degree or higher, and 14.4% hold a graduate or professional degree.