Hampton, MN · standard
ZIP Code 55031
Dakota County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 2,035
- 20/sq mi Moderate-density area
- $114,338
- Median income Above-median income area
- $409,800
- Median home value Above-median home value
- 22.7%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Hampton pairs an upper-quartile household income with upper-quartile home values, in a rural, homeowner-dominated area.
- Top 12%
- household income, US ZIPs
- Top 20%
- home value, US ZIPs
- 20
- people per sq mi
- 95%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55031 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 55031 (Hampton, MN) rose +6.4% from 2023 to 2024. The all-transactions index moved from 208.7 in 2023 to 222.0 in 2024 (2000 = 100).
ZIP code 55031 covers 102.8 square miles in Hampton, Dakota County, Minnesota (a standard USPS delivery area), with a modest 2,035 residents on file, a density of 20 people per square mile, in the Chicago time zone.
ZIP 55031 skews affluent, with a median household income of $114,338 (39% above the average Minnesota ZIP), while per-capita income is $48,954. Both reported hardship measures are comparatively low in absolute terms: poverty is 3.7% and unemployment is 3.0%. Housing is both higher-cost and owner-heavy: median home value is $409,800 (60% above the average Minnesota ZIP), while 95.2% of occupied homes are owner-occupied and median rent is $1,102.
Educational attainment sits below the national norm: 22.7% of adults hold a bachelor's degree or higher, the median age is 43.3, and the average commute is 26 minutes. The page also surfaces 5 ZIP codes within roughly 10 miles and 6 more in Dakota County, so 55031 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 55031
Top 5 sectors by establishment count in Hampton, MN
Which industries have the most business establishments in ZIP 55031.
- Construction
Construction
8 establishments
- Accommodation and food services
Accommodation and food services
7 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
5 establishments
- Retail trade
Retail trade
4 establishments
- Transportation and warehousing
Transportation and warehousing
4 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 55031, Hampton, MN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
2,035
Population
102.8
Area (sq mi)
20
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55031?
43.3
Median Age
53.2%
Male
46.8%
Female
1.2%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$114,338
Median Household Income
+39% vs state ZIP avg
$48,954
Per Capita Income
3.7%
Poverty Rate
3.0%
Unemployment Rate
26.4 min
Mean Commute Time
How ZIP 55031 ranks among Minnesota ZIPs
Hampton, MN household income vs. every Minnesota ZIP code
Median household income among 864 reporting Minnesota ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$114,338 Top 9% higher than 91% of 864 Minnesota ZIPs
Each bar is a $20K-wide band; taller bars hold more Minnesota ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
784housing units
784
Total Housing Units
731
Occupied Units
53
Vacant Units
2.57
Avg Household Size
Occupancy Type
$409,800
Median Home Value
+60% vs state ZIP avg
$1,102
Median Rent
1980
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+6.4%
YoY Change (2024)
222
HPI Index (2000 = 100)
+122%
Total Change Since 2000
Home values in ZIP 55031 have increased 6.4% over the past year (2024). Since 2000, this ZIP has seen +122% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +1.5% | 170 |
| 2021 | +9.7% | 187 |
| 2022 | +9.0% | 203 |
| 2023 | +2.6% | 209 |
| 2024 | +6.4% | 222 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 51 business establishments in ZIP 55031, employing approximately 308 people with a combined annual payroll of $12,912,000.
51
Businesses
308
Employees
$12.9M
Annual Payroll
10
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 8 | 15.7% |
| Accommodation and food services | 7 | 13.7% |
| Administrative and support and waste management and remediation services | 5 | 9.8% |
| Retail trade | 4 | 7.8% |
| Transportation and warehousing | 4 | 7.8% |
| Finance and insurance | 4 | 7.8% |
| Other services (except public administration) | 4 | 7.8% |
| Wholesale trade | 3 | 5.9% |
| Real estate and rental and leasing | 3 | 5.9% |
| Professional, scientific, and technical services | 3 | 5.9% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 55031 vs 55085 →
ZIP 55031 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55033
Hastings (55033)
29,488 residents
- 55068
Rosemount (55068)
27,490 residents
- 55009 8,030
Cannon Falls (55009)
8,030 residents
- 55031 2,035
Hampton (55031)
2,035 residents
- 55065 1,201
Randolph (55065)
1,201 residents
- 55085 417
Vermillion (55085)
417 residents
What this shows Among its immediate neighbors, ZIP 55031 ranks #4 by population - useful context the national average alone can't give.
ZIP 55031 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55068
Rosemount (55068)
$127,798 median income
- 55065
Randolph (55065)
$119,667 median income
- 55031
Hampton (55031)
$114,338 median income
- 55085
Vermillion (55085)
$107,500 median income
- 55033
Hastings (55033)
$103,988 median income
- 55009
Cannon Falls (55009)
$91,295 median income
What this shows By household income, ZIP 55031 ranks #3 of 6 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 55031, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (2,035 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Dakota County
Related Areas
Frequently Asked Questions
What county is ZIP code 55031 in?
ZIP code 55031 (Hampton) is located in Dakota County, Minnesota. Dakota County contains multiple ZIP codes, see the full list at /counties/dakota-mn.
What is the population of ZIP code 55031?
ZIP code 55031 in Hampton, MN has a population of 2,035 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55031?
The median household income in ZIP 55031 is $114,338, which is 50% above the national average of $76,288.
What is the average home value in ZIP 55031?
The median home value in ZIP 55031 is $409,800, which is 47% above the national average of $278,155.
What is the demographic makeup of ZIP 55031?
The largest racial group in ZIP 55031 is White at 91.9%. Hispanic or Latino residents make up 3.7% of the population.
How many businesses are in ZIP code 55031?
ZIP code 55031 has 51 business establishments employing approximately 308 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55031?
The top industries by establishment count in ZIP 55031 are: Construction (8), Accommodation and food services (7), Administrative and support and waste management and remediation services (5). There are 10 industry sectors represented in total.
How have home values changed in ZIP code 55031?
According to the FHFA House Price Index, home values in ZIP 55031 increased by 6.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 122%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 55031?
In ZIP code 55031, 58.3% of residents aged 25+ have a high school diploma or higher, and 22.7% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 55031?
The mean commute time for workers in ZIP code 55031 is 26.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 55031?
In ZIP code 55031, approximately 95.2% of occupied housing units are owner-occupied and 4.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55031?
The poverty rate in ZIP code 55031 is 3.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 55031's numbers, next.
- See how ZIP 55031 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Hampton, MN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.