Hopkins, MN · standard
ZIP Code 55343
Hennepin County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 23,933
- 1,224/sq mi High-density area
- $83,143
- Median income Near-median income area
- $381,500
- Median home value Above-median home value
- 51.4%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Hopkins pairs an above-median household income with upper-quartile home values, in a low-density, mixed-tenure area.
- Top 34%
- household income, US ZIPs
- Top 23%
- home value, US ZIPs
- 1,224
- people per sq mi
- 47%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55343 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 55343 (Hopkins, MN) rose +3.8% from 2023 to 2024. The all-transactions index moved from 224.0 in 2023 to 232.4 in 2024 (2000 = 100).
ZIP code 55343 is a densely settled ZIP (a standard USPS delivery area) in Hopkins, Hennepin County, Minnesota, with 23,933 residents across 19.6 square miles, a density of 1,224 people per square mile, in the Chicago time zone.
ZIP 55343 lands in the middle-income range, with a median household income of $83,143 (1% above the average Minnesota ZIP), while per-capita income is $54,428. The poverty rate is 11.2%, with unemployment at 5.4%; those measures add context to the income figure. Housing costs run above the statewide ZIP benchmark while renting is common: median home value is $381,500 (49% above the average Minnesota ZIP), with only 46.5% owner-occupied homes and median rent of $1,568.
This is a highly-educated ZIP: 51.4% of adults hold a bachelor's degree or higher, the median age is 38.3, and the average commute is 19 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Hennepin County, so 55343 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 55343
Top 5 sectors by establishment count in Hopkins, MN
Which industries have the most business establishments in ZIP 55343.
- Professional, scientific, and technical services
Professional, scientific, and technical services
137 establishments
- Health care and social assistance
Health care and social assistance
114 establishments
- Other services (except public administration)
Other services (except public administration)
107 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
103 establishments
- Finance and insurance
Finance and insurance
101 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 55343, Hopkins, 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
23,933
Population
19.6
Area (sq mi)
1,224
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55343?
38.3
Median Age
47.4%
Male
52.6%
Female
12.6%
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?
$83,143
Median Household Income
+1% vs state ZIP avg
$54,428
Per Capita Income
11.2%
Poverty Rate
5.4%
Unemployment Rate
18.7 min
Mean Commute Time
How ZIP 55343 ranks among Minnesota ZIPs
Hopkins, 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)
$83,143 Top 40% higher than 60% 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
14,412housing units
14,412
Total Housing Units
13,657
Occupied Units
755
Vacant Units
1.96
Avg Household Size
Occupancy Type
$381,500
Median Home Value
+49% vs state ZIP avg
$1,568
Median Rent
1976
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
+3.8%
YoY Change (2024)
232
HPI Index (2000 = 100)
+132%
Total Change Since 2000
Home values in ZIP 55343 have increased 3.8% over the past year (2024). Since 2000, this ZIP has seen +132% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.4% | 181 |
| 2021 | +7.6% | 195 |
| 2022 | +9.4% | 213 |
| 2023 | +5.1% | 224 |
| 2024 | +3.8% | 232 |
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 1,116 business establishments in ZIP 55343, employing approximately 36,737 people with a combined annual payroll of $3,754,451,000.
1,116
Businesses
36,737
Employees
$3.8B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 137 | 12.3% |
| Health care and social assistance | 114 | 10.2% |
| Other services (except public administration) | 107 | 9.6% |
| Administrative and support and waste management and remediation services | 103 | 9.2% |
| Finance and insurance | 101 | 9.1% |
| Retail trade | 91 | 8.2% |
| Wholesale trade | 89 | 8.0% |
| Accommodation and food services | 85 | 7.6% |
| Real estate and rental and leasing | 72 | 6.5% |
| Construction | 67 | 6.0% |
| Manufacturing | 53 | 4.8% |
| Information | 23 | 2.1% |
| Management of companies and enterprises | 20 | 1.8% |
| Educational services | 18 | 1.6% |
| Arts, entertainment, and recreation | 18 | 1.6% |
| Transportation and warehousing | 16 | 1.4% |
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 55343 vs 55436 →
ZIP 55343 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55426
Minneapolis (55426)
24,945 residents
- 55343
Hopkins (55343)
23,933 residents
- 55345
Minnetonka (55345)
21,147 residents
- 55305
Hopkins (55305)
19,368 residents
- 55410
Minneapolis (55410)
19,340 residents
- 55441
Minneapolis (55441)
17,848 residents
- 55346
Eden Prairie (55346)
16,776 residents
- 55344
Eden Prairie (55344)
13,952 residents
- 55436
Minneapolis (55436)
13,138 residents
What this shows Among its immediate neighbors, ZIP 55343 ranks #2 by population - useful context the national average alone can't give.
ZIP 55343 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55424
Minneapolis (55424)
$250,000 median income
- 55439
Minneapolis (55439)
$168,693 median income
- 55410
Minneapolis (55410)
$146,425 median income
- 55345
Minnetonka (55345)
$145,332 median income
- 55436
Minneapolis (55436)
$144,129 median income
- 55346
Eden Prairie (55346)
$135,000 median income
- 55305
Hopkins (55305)
$104,914 median income
- 55441
Minneapolis (55441)
$101,981 median income
- 55426 $99,347
Minneapolis (55426)
$99,347 median income
What this shows By household income, ZIP 55343 ranks #null of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 55436 | Minneapolis, MN | 13,138 | 2.2 mi |
| 55305 | Hopkins, MN | 19,368 | 2.9 mi |
| 55344 | Eden Prairie, MN | 13,952 | 3.5 mi |
| 55345 | Minnetonka, MN | 21,147 | 3.3 mi |
| 55426 | Minneapolis, MN | 24,945 | 3.3 mi |
| 55439 | Minneapolis, MN | 8,750 | 3.4 mi |
| 55424 | Minneapolis, MN | 9,685 | 3.8 mi |
| 55410 | Minneapolis, MN | 19,340 | 4.7 mi |
| 55441 | Minneapolis, MN | 17,848 | 6.3 mi |
| 55346 | Eden Prairie, MN | 16,776 | 4.1 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 55343, 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 (23,933 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Hennepin County
Related Areas
Frequently Asked Questions
What county is ZIP code 55343 in?
ZIP code 55343 (Hopkins) is located in Hennepin County, Minnesota. Hennepin County contains multiple ZIP codes, see the full list at /counties/hennepin-mn.
What is the population of ZIP code 55343?
ZIP code 55343 in Hopkins, MN has a population of 23,933 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55343?
The median household income in ZIP 55343 is $83,143, which is 9% above the national average of $76,288.
What is the average home value in ZIP 55343?
The median home value in ZIP 55343 is $381,500, which is 37% above the national average of $278,155.
What is the demographic makeup of ZIP 55343?
The largest racial group in ZIP 55343 is White at 66.9%. Hispanic or Latino residents make up 4.2% of the population.
How many businesses are in ZIP code 55343?
ZIP code 55343 has 1,116 business establishments employing approximately 36,737 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55343?
The top industries by establishment count in ZIP 55343 are: Professional, scientific, and technical services (137), Health care and social assistance (114), Other services (except public administration) (107). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 55343?
According to the FHFA House Price Index, home values in ZIP 55343 increased by 3.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 132%. 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 55343?
In ZIP code 55343, 68.9% of residents aged 25+ have a high school diploma or higher, and 51.4% 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 55343?
The mean commute time for workers in ZIP code 55343 is 18.7 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 55343?
In ZIP code 55343, approximately 46.5% of occupied housing units are owner-occupied and 53.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55343?
The poverty rate in ZIP code 55343 is 11.2% 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 55343's numbers, next.
- See how ZIP 55343 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Hopkins, 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.