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
- $114,338
- Median income
- $409,800
- Median home value
- 22.7%
- Bachelor's or higher
The verdict
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.
ZIP code 55031 is classified by USPS as a standard delivery area and covers roughly 102.8 square miles in Hampton, Dakota County, Minnesota. The area is home to 2,035 residents, producing a population density of 20 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 55031 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55031 sits at $114,338 (39% above the Minnesota average), while per-capita income is $48,954. The poverty rate stands at 3.7% and the unemployment rate at 3.0%. On housing, the median home value is $409,800 (60% above the state average) with median rent at $1,102 per month, and 95.2% of occupied units are owner-occupied, a direct signal of whether 55031 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 22.7% of adults hold a bachelor's degree or higher, the median age is 43.3, and the average commute is 26 minutes. We also surface 5 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Dakota County, so you can benchmark 55031 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 55031
Top 5 sectors by establishment count
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
$48,954
Per Capita Income
3.7%
Poverty Rate
3.0%
Unemployment Rate
26.4 min
Mean Commute Time
How ZIP 55031 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$114,338 Top 12% higher than 88% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US 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?
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
$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.
More ZIP Codes in Dakota County
Related Areas
Frequently Asked Questions
What county is ZIP code 55031 in? ▼
What is the population of ZIP code 55031? ▼
What is the median household income in ZIP 55031? ▼
What is the average home value in ZIP 55031? ▼
What is the demographic makeup of ZIP 55031? ▼
How many businesses are in ZIP code 55031? ▼
What are the main industries in ZIP code 55031? ▼
How have home values changed in ZIP code 55031? ▼
What is the education level in ZIP code 55031? ▼
What is the average commute time in ZIP 55031? ▼
What percentage of residents own vs. rent in ZIP 55031? ▼
What is the poverty rate in ZIP code 55031? ▼
ZIP Code Research Guides
Official Data Resources for Hampton, MN
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.