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CITY · 2020 ACS

Hopkinton

Iowa · 622 residents · 0.642 sq mi
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The short version

Hopkinton has lower-than-average household income, with a median household income of $58,281. Population has declined 9% since 2000. 9% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $79,100.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 39.5
US median: 38.8
Less educated
9% hold a bachelor's degree
US average: 33%
More affordable
home values down 20%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
622
−9%since 2000
from 681 in 2000
1990 – 2025
Population density
969 / sq mi
−9%since 2000
from 1,061 / sq mi in 2000
US average: 280
Median age
39.5
+7%since 2000
from 36.9 in 2000
US average: 38.8
Population, 1990 – 2024
5165636116587051990201020202024Hopkinton
2024676
1990201020202024
Section 02

Income & economy

Median household income
$58,281
+14%inflation adjusted, since 2000
from $33,958 in 2000
US average: $66,278
1990 – 2024
Per capita income
$24,843
+81%since 2000
from $13,707 in 2000
US average: $35,364
Households earning $100K+
35.0%
+25.3 ptssince 2009
from 9.7% in 2009
US average: 43.9%
Poverty rate
13.9%
+9.0 ptssince 2000
from 4.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade30.1%
US avg: 10%
Information13.1%
US avg: 11.1%
Wholesale trade6.9%
US avg: 6.7%
Agriculture, forestry, fishing4.6%
US avg: 1.7%
Construction4.6%
US avg: 1.2%
Other services2.7%
US avg: 6.6%
Public administration2.7%
US avg: 4.7%
Transportation & warehousing2.3%
US avg: 2.5%
Arts, entertainment, food0.8%
US avg: 2%
Manufacturing0%
US avg: 0.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$79,100
−20%inflation adjusted, since 2000
from $66,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$481
+26%inflation adjusted, since 2000
from $254 in 2000
US average: $1,124
Owner-occupied
80.8%
+1.6 ptssince 2000
from 79.3% in 2000
19.2% rent
Afford Score
1.4
−30%since 2000
from 1.9 in 2000
1990 – 2024
RELATED:See current rent listings in Hopkinton on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.5%(671)
Black0%(0)
Hispanic / Latino0.1%(1)
Asian0%(0)
Other0%
Diversity Score0.4%(3)
2020
White, non-Hispanic93.2%(580)
Black1.8%(11)
Hispanic / Latino1.1%(7)
Asian0.2%(1)
Other0%(0)
Diversity Score7.7%(48)
Diversity Score
8
+1985%since 2000
from 0 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
9.3%
+3.7 ptssince 2000
from 5.7% in 2000
US average: 32.9%
High school or higher
88.7%
+3.5 ptssince 2000
from 85.1% in 2000
US average: 88.5%
Graduate degree
0.8%
−0.4 ptssince 2000
from 1.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
23.4 min
+46%since 2000
from 16.0 min in 2000
US average: 26.9
Drive alone to work
89.0%
+8.5 ptssince 2009
from 80.5% in 2009
US average: 75.1%
No vehicle available
6.7%
+2.1 ptssince 2009
from 4.7% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.1%
−14.3 ptssince 2011
from 18.4% in 2011
US average: 5.4%
Labor force participation
69.2%
+1.2 ptssince 2011
from 68.1% in 2011
US average: 63.4%
Management & professional
26.3%
−34.6 ptssince 2009
from 60.8% in 2009
US average: 39.3%
Section 08

People & community

Male
55.5%
+6.4 ptssince 2009
from 49.1% in 2009
Female
44.5%
−6.4 ptssince 2009
from 50.9% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
6.9%
−79.3 ptssince 2013
from 86.2% in 2013
US average: 8.8%
Drill deeper

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Compare Hopkinton to nearby cities

HOPKINTON VS
Marion
Income$86,743+49%
Home value$241,700+206%
Population42,732+6815%
SEE FULL COMPARISON →
HOPKINTON VS
Dubuque
Income$65,845+13%
Home value$204,800+159%
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HOPKINTON VS
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Income$70,424+21%
Home value$187,100+137%
Population137,935+22220%
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HOPKINTON VS
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Income$102,102+75%
Home value$303,800+284%
Population21,976+3456%
SEE FULL COMPARISON →
Frequently asked

How many people live in Hopkinton, Iowa?

Hopkinton, Iowa has about 622 residents according to the 2020 American Community Survey.

What is the median household income in Hopkinton, Iowa?

The typical household in Hopkinton, Iowa earns about $58,281 a year. Half of households make more than that, and half make less.

Is Hopkinton, Iowa expensive?

In Hopkinton, Iowa, the median home is worth about $79,100, and the typical rent is about $481 a month.

How educated are people in Hopkinton, Iowa?

About 9.3% of adults age 25 and over in Hopkinton, Iowa hold a bachelor's degree or higher.

What is the poverty rate in Hopkinton, Iowa?

About 13.9% of people in Hopkinton, Iowa live below the federal poverty line.

Has Hopkinton, Iowa grown since 1990?

Yes, Hopkinton, Iowa has shrunk since 1990. The population has lost about 49 residents, a change of about -7 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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