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Investors
Interested in purchasing investment houses in the 55305 zip code in Hopkins, MN?
Detailed Demographic Statistics
The zip code 55305 is in Hennepin county, is in the state of Minnesota. This zip code contains two cities including Minnetonka, MN (91.83%), and Hopkins, MN (8.17%) The total land area is 9.3 square miles and the water area is 0.1 square miles.
The zip 55305 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 21,639 in 2019 and 19,368 in 2010. This further breaks down to 10,853 males (50.2%) and 10,786 females (49.8%). The median age of residents is 41.1 years. The population density (people per square mile) is 2,324. This zip code has a combined total of 10,620 houses and condos. There are 4,584 rented appartments. 45% of residents rent versus the 45% of residents in the state who rent.
The average individual gross adjusted income is $110,201 and the average salary is $78,624. The estimated median household income of individuals is around $86,486. This zip code has a mean commute time to work of 23.0 minutes. The unemployment rate is 2.9%. 4.9% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 115.1. The educational breakdown is 97.9% have a high school education or higher, 61.5% have a bachelor's degree or higher, and 25.5% have some kind of profesional degree.
The average size of households is 2.1 people. Individuals who are single and have never been married are 29.5%, 51.9% are now married, 0.6% are separated, 6.9% are widowed, and 11.0% are divorced. The average yearly contribution amount given by people to charity was $6,673 versus the state average of $3,948. The percent of residents who gave to charity was 39.5%.
The estimated median value of houses and condos is $367,550. The median monthly owner costs of mortgage holders was $2,227, where as the costs for those who don't have a mortgage are $686. The median number of rooms in houses and condos are 7.3 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $3,872. In comparision, the average real estate tax percent rate in the state is 1.1% which equated to an average real estate tax amount payment in the state of $2,670. The median housing property tax percent for residents with mortgages was 1.0% which amounted to an average tax amount of $4,080. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $3,504. Reported taxable interest for persons was $5,032, dividends $11,683, capital gains +$30,454, and itemized deductions $36,686. The average earned income tax credit is $1,724. The percent of individuals that use a tax preparer is 54.4%. The total average income taxes paid by individuals was $17,481. Businesses reported an average profit of $23,309.Local Restaurants
Romano's Macaroni Grill
11390 Wayzata Blvd, Hopkins, MN 55305
Pattaya Thai Restaurant
11056 Cedar Lake Rd, Minnetonka, MN 55305
Origami West
12401 Wayzata Blvd, Hopkins, MN 55305
Cedar Hills Ribs Inc
11032 Cedar Lake Rd, Minnetonka, MN 55305
Bacio
1571 Plymouth Rd, Hopkins, MN 55305
Kona Grill
10590 Wayzata Blvd, Hopkins, MN 55305
Champps Americana
1641 Plymouth Rd, Hopkins, MN 55305
Perkins Restaurant & Bakery
11300 Highway 7, Hopkins, MN 55305
Bar Louie
12653 Wayzata Blvd, Hopkins, MN 55305
Eddington's Soup & Salad House
12987 Ridgedale Dr, Hopkins, MN 55305
Atrium Bistro
12201 Ridgedale Dr, Hopkins, MN 55305
Bakers Square
12608 Wayzata Blvd, Hopkins, MN 55305
Redstone American Grill
12241 Wayzata Blvd, Minnetonka, MN 55305
Peoples Organic Minnetonka
12934 Minnetonka Blvd, Minnetonka, MN 55305
Kona Grill
12235 Wayzata Blvd Ste 1068, Minnetonka, MN 55305
The Cheesecake Factory
12735 Wayzata Blvd, Minnetonka, MN 55305
Lone Spur Grill & Bar
11032 Cedar Lake Rd, Hopkins, MN 55305
Toma Mojo Grill
12977 Ridgedale Dr, Minnetonka, MN 55305
Leeann Chin
11300 Wayzata Blvd, Hopkins, MN 55305
Leeann Chin
12401 Wayzata Blvd, Minnetonka, MN 55305