ZIP Code 55305 is associated with the city of Hopkins in Minnesota (Hennepin County) in the U.S. The median household income is approximately $82,710, and an estimated 3% of the population is living below the poverty line. About 96.4% of residents in this Minnesota region have a high school degree or higher, while the per capita income is estimated at $58,282. The median age in ZIP Code 55305 is approximately 40.7 years, with 24.7% of residents aged 62 years and older. The current population estimate is 21,406.
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The median household income in ZIP Code 55305 is $82,710, while the region's mean household income is $123,570. Breaking income down further, per capita income in the region is $58,282. The per capita income in ZIP Code 55305 of $58,282 is approximately 54.9% more than the per capita income in Minnesota overall of $37,625. An estimated 3.2% of the population is living below the poverty line in this region. This rate is approximately 66.32% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 19.6% of the population in 55305 earn $100,000 to $149,999 per year, while an estimated 16.5% earn $50,000 to $74,999 per year, and 3.0% of 55305 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 3.6% |
| $10,000 to $14,999 per year | 3.0% |
| $15,000 to $24,999 per year | 5.0% |
| $25,000 to $34,999 per year | 6.4% |
| $35,000 to $49,999 per year | 10.3% |
| $50,000 to $74,999 per year | 16.5% |
| $75,000 to $99,999 per year | 14.1% |
| $100,000 to $149,999 per year | 19.6% |
| $150,000 to $199,999 per year | 7.9% |
| $200,000 or more per year | 13.5% |
In ZIP Code 55305, 96.4% of the population graduated high school, while 59.8% have a bachelor's degree or higher. In this region, 1.9% achieved an education level less than 9th grade, while 24.6% hold a graduate or professional degree. Approximately 13.4% in this Hennepin County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.9% |
| 9th to 12th grade, no diploma | 1.7% |
| High school graduate (includes equivalency) | 13.4% |
| Some college, no degree | 15.9% |
| Associate's degree | 7.4% |
| Bachelor's degree | 35.1% |
| Graduate or professional degree | 24.6% |
Looking at race in the population that makes up ZIP Code 55305, 98.7% is one race, while 1.3% are two or more races. Approximately 1.9% of 55305 residents are hispanic or Latino (of any race). The most common race in 55305 (race alone or in combination with one or more other races), is White (81.3%), followed by Asian (10.5%) .
| Industry | Percent |
|---|---|
| White | 81.3% |
| Black or African American | 7.9% |
| American Indian and Alaska Native | 0.4% |
| Asian | 10.5% |
| Native Hawaiian and Other Pacific Islander | 0.1% |
| Some other race | 1.3% |
Residents of ZIP Code 55305 are older than average. The median age of 40.7 years in ZIP Code 55305 is approximately 6.82% higher than the overall median age in the U.S. of 38.1 years. About 81.7% of residents are aged 18 years and older, and 24.7% of residents are 62 years and over. Approximately 18.5% of the population in 55305 falls in the age group 25 to 34 years, while an estimated 12.6% are aged 35 to 44 years. On the low end of the scale, 3.8% of 55305 residents are aged 15 to 19 years.
| Age Range | Percent |
|---|---|
| Under 5 years | 5.9% |
| 5 to 9 years | 5.3% |
| 10 to 14 years | 4.4% |
| 15 to 19 years | 3.8% |
| 20 to 24 years | 3.9% |
| 25 to 34 years | 18.5% |
| 35 to 44 years | 12.6% |
| 45 to 54 years | 11.2% |
| 55 to 59 years | 6.7% |
| 60 to 64 years | 6.5% |
| 65 to 74 years | 10.4% |
| 75 to 84 years | 6.4% |
| 85 years and over | 4.3% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 55305 is current access to health insurance, as an estimated 95.3% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 55305 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 95.3% |
| Risk Behavior | Percent of adults* |
|---|
Regarding the age of homes in ZIP Code 55305, an estimated 27.2% of homes were built between 1980 and 1989. Additionally, 17.3% of homes in the region were built between 1990 and 1999, while an estimated 1.1% of homes were built between 2010 and 2013 in this Hennepin County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 3.0% |
| Built between 2010 and 2013 | 1.1% |
| Built between 2000 and 2009 | 7.1% |
| Built between 1990 and 1999 | 17.3% |
| Built between 1980 and 1989 | 27.2% |
| Built between 1970 and 1979 | 13.6% |
| Built between 1960 and 1969 | 8.4% |
| Built between 1950 and 1959 | 14.4% |
| Built between 1940 and 1949 | 4.7% |
| Built in 1939 or earlier | 3.2% |
In 55305, 69.3% of the population is in the labor force. Recent estimates place 7.4% as working from home, while the total labor force in the region has a mean travel to time to work of 22.5 minutes. Approximately 22.7% of the employed population 16 years and over in 55305 work in educational services, and health care and social assistance, while an estimated 18.0% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.3% of 55305 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.3% |
| Construction | 3.5% |
| Manufacturing | 10.0% |
| Wholesale trade | 3.9% |
| Retail trade | 12.3% |
| Transportation and warehousing, and utilities | 2.0% |
| Information | 1.2% |
| Finance and insurance, and real estate and rental and leasing | 14.0% |
| Professional, scientific, management, and administrative | 18.0% |
| Educational services, and health care and social assistance | 22.7% |
| Arts, entertainment, and recreation, and accommodation and food services | 6.8% |
| Other services, except public administration | 3.6% |
| Public administration | 1.6% |
In ZIP Code 55305, 82.9% of the population lists "English only" as the language spoken in home, while 1.7% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 4.5% of homes, and other Indo-European languages are spoken in 8.1% of homes. Lastly, 2.8% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Hennepin County region.
| Language Spoken | Percent |
|---|---|
| English only | 82.9% |
| Spanish | 1.7% |
| Other Indo-European languages | 4.5% |
| Asian and Pacific Islander languages | 8.1% |
| Other languages | 2.8% |
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 55305 | 11.48¢/kWh | 8.73¢/kWh | 6.83¢/kWh |
| Minnesota | 17.1¢/kWh | 13.19¢/kWh | 9.79¢/kWh |
| United States | 18.07¢/kWh | 14.06¢/kWh | 9.02¢/kWh |
| Month | ZIP Code 55305 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 1.9 | 5.84 | |
| Feb | 3 | 6.31 | |
| Mar | 3.65 | 7.02 | |
| Apr | 5.13 | 7.3 | |
| May | 5.17 | 7.13 | |
| Jun | 5.72 | 6.95 | |
| Jul | 6.22 | 6.51 | |
| Aug | 6.08 | 6.65 | |
| Sep | 5.15 | 7.02 | |
| Oct | 3.32 | 6.92 | |
| Nov | 2.33 | 5.99 | |
| Dec | 1.78 | 5.46 |