ZIP Code 55343 is associated with the city of Hopkins in Minnesota (Hennepin County) in the U.S. Median househould income is at $65,803, with an estimated 6% of the population living below the poverty line. About 94.6% of residents in this Minnesota region have a high school degree or higher, while the per capita income is estimated at $42,708. The median age in ZIP Code 55343 is approximately 36.3 years, with 18.3% of residents aged 62 years and older. The current population estimate is 25,245.
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The median household income in ZIP Code 55343 is $65,803, while the region's mean household income is $86,947. Breaking income down further, per capita income in the region is $42,708. The per capita income in ZIP Code 55343 of $42,708 is approximately 13.51% more than the per capita income in Minnesota overall of $37,625. An estimated 5.6% of the population is living below the poverty line in this region. This rate is approximately 41.05% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 21.2% of the population in 55343 earn $50,000 to $74,999 per year, while an estimated 15.6% earn $100,000 to $149,999 per year, and 2.7% of 55343 residents earn less than $10,000 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 2.7% |
| $10,000 to $14,999 per year | 3.0% |
| $15,000 to $24,999 per year | 9.5% |
| $25,000 to $34,999 per year | 9.7% |
| $35,000 to $49,999 per year | 11.3% |
| $50,000 to $74,999 per year | 21.2% |
| $75,000 to $99,999 per year | 13.9% |
| $100,000 to $149,999 per year | 15.6% |
| $150,000 to $199,999 per year | 6.7% |
| $200,000 or more per year | 6.3% |
In ZIP Code 55343, 94.6% of the population graduated high school, while 48.3% have a bachelor's degree or higher. In this region, 2.4% achieved an education level less than 9th grade, while 15.8% hold a graduate or professional degree. Approximately 18.7% in this Hennepin County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 2.4% |
| 9th to 12th grade, no diploma | 2.9% |
| High school graduate (includes equivalency) | 18.7% |
| Some college, no degree | 20.3% |
| Associate's degree | 7.4% |
| Bachelor's degree | 32.4% |
| Graduate or professional degree | 15.8% |
Looking at race in the population that makes up ZIP Code 55343, 96.4% is one race, while 3.6% are two or more races. Approximately 7.8% of 55343 residents are hispanic or Latino (of any race). The most common race in 55343 (race alone or in combination with one or more other races), is White (73.6%), followed by Black or African American (17.6%) .
| Industry | Percent |
|---|---|
| White | 73.6% |
| Black or African American | 17.6% |
| American Indian and Alaska Native | 1.0% |
| Asian | 8.6% |
| Native Hawaiian and Other Pacific Islander | 0.9% |
| Some other race | 1.9% |
Residents of ZIP Code 55343 are younger than average. The median age of 36.3 years in ZIP Code 55343 is approximately 4.72% lower than the overall median age in the U.S. of 38.1 years. About 81.3% of residents are aged 18 years and older, and 18.3% of residents are 62 years and over. Approximately 21.6% of the population in 55343 falls in the age group 25 to 34 years, while an estimated 13.0% are aged 35 to 44 years. On the low end of the scale, 2.5% of 55343 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 7.1% |
| 5 to 9 years | 5.1% |
| 10 to 14 years | 4.1% |
| 15 to 19 years | 3.7% |
| 20 to 24 years | 5.8% |
| 25 to 34 years | 21.6% |
| 35 to 44 years | 13.0% |
| 45 to 54 years | 12.0% |
| 55 to 59 years | 7.1% |
| 60 to 64 years | 5.2% |
| 65 to 74 years | 9.1% |
| 75 to 84 years | 4.0% |
| 85 years and over | 2.5% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 55343 is current access to health insurance, as an estimated 93.7% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 55343 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 93.7% |
| Risk Behavior | Percent of adults* |
|---|
The median home value in ZIP Code 55343 in January 2025 comes in at $366,755. The January 2025 value is approximately 2% higher than the $359,147 median value in August 2024, and 2% higher than the $359,181 median value in February 2024. Regarding the age of homes in ZIP Code 55343, an estimated 22.6% of homes were built between 1970 and 1979. Additionally, 21.6% of homes in the region were built between 1980 and 1989, while an estimated 1.3% of homes were built between 2010 and 2013 in this Hennepin County region.
| Month | Home value |
|---|---|
| Jan 2025 | $366,755 |
| Dec 2024 | $364,866 |
| Nov 2024 | $362,586 |
| Oct 2024 | $360,906 |
| Sep 2024 | $359,464 |
| Aug 2024 | $359,147 |
| Jul 2024 | $359,577 |
| Jun 2024 | $360,584 |
| May 2024 | $361,294 |
| Apr 2024 | $360,898 |
| Mar 2024 | $359,963 |
| Feb 2024 | $359,181 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 2.4% |
| Built between 2010 and 2013 | 1.3% |
| Built between 2000 and 2009 | 3.8% |
| Built between 1990 and 1999 | 7.8% |
| Built between 1980 and 1989 | 21.6% |
| Built between 1970 and 1979 | 22.6% |
| Built between 1960 and 1969 | 11.6% |
| Built between 1950 and 1959 | 16.0% |
| Built between 1940 and 1949 | 5.9% |
| Built in 1939 or earlier | 7.0% |
In 55343, 74.6% of the population is in the labor force. Recent estimates place 4.9% as working from home, while the total labor force in the region has a mean travel to time to work of 21.5 minutes. Approximately 23.6% of the employed population 16 years and over in 55343 work in educational services, and health care and social assistance, while an estimated 14.5% work in manufacturing. On the lower end of the scale, just 0.2% of 55343 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.2% |
| Construction | 4.6% |
| Manufacturing | 14.5% |
| Wholesale trade | 4.8% |
| Retail trade | 10.3% |
| Transportation and warehousing, and utilities | 3.6% |
| Information | 1.9% |
| Finance and insurance, and real estate and rental and leasing | 9.0% |
| Professional, scientific, management, and administrative | 14.3% |
| Educational services, and health care and social assistance | 23.6% |
| Arts, entertainment, and recreation, and accommodation and food services | 7.4% |
| Other services, except public administration | 4.1% |
| Public administration | 1.6% |
In ZIP Code 55343, 78.6% of the population lists "English only" as the language spoken in home, while 6.2% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 3.5% of homes, and other Indo-European languages are spoken in 4.7% of homes. Lastly, 6.9% 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 | 78.6% |
| Spanish | 6.2% |
| Other Indo-European languages | 3.5% |
| Asian and Pacific Islander languages | 4.7% |
| Other languages | 6.9% |
Regarding solar power potential, ZIP Code 55343 has an average daily solar radiation level of 4.93 kWh/m2/day. This is approximately 19.66% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 25.19% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 55343 | 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 55343 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.59 | 1.9 | 5.84 |
| Feb | 4.46 | 3 | 6.31 |
| Mar | 5.37 | 3.65 | 7.02 |
| Apr | 5.56 | 5.13 | 7.3 |
| May | 5.7 | 5.17 | 7.13 |
| Jun | 5.95 | 5.72 | 6.95 |
| Jul | 6.35 | 6.22 | 6.51 |
| Aug | 5.99 | 6.08 | 6.65 |
| Sep | 5.44 | 5.15 | 7.02 |
| Oct | 4.23 | 3.32 | 6.92 |
| Nov | 3.52 | 2.33 | 5.99 |
| Dec | 2.97 | 1.78 | 5.46 |