Hopkinton, IA
Population 586 · Iowa
About Hopkinton, IA
Hopkinton is a small community in Iowa with a population of 586 residents. The median household income is $80,536 per year, which is above the national average. The median age in Hopkinton is 38.3 years.
Housing in Hopkinton has a median home value of $108,900 and median monthly rent of $505. Of the 250 total housing units, the majority are owner-occupied, with 194 owner-occupied and 39 renter-occupied units.
The unemployment rate in Hopkinton is 3.7% and the poverty rate is 7.8%. 8.2% of residents hold a bachelor's degree or higher. The average commute time is 24 minutes.
How Hopkinton Ranks in Iowa
Cost of Living in Hopkinton, IA
Compared to national averages, Hopkinton has a median household income of $80,536 (7% above the national median of $75,149). Home values average $108,900, which is 56% below the national median. Monthly rent at $505 is 57% below the US average of $1,163. Within Iowa, Hopkinton's income is 19% above the state average of $67,947, and home values are 18% below the state median of $132,237.
Why Live in Hopkinton, IA?
Hopkinton offers a strong local economy with a median household income of $80,536, well above the national average, and affordable housing with a median home value of $108,900, below the US average of $244,900, and rent that’s lower than the national average at $505/month. Additionally, the city features a low poverty rate of 7.8%, better than the national average, and short commute times averaging just 24 minutes.
Hopkinton has a population of 586 with a median age of 38.3 years. Compare Hopkinton with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Hopkinton
Cities in Iowa with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Hopkinton With Other Cities
Frequently Asked Questions about Hopkinton
What is the population of Hopkinton, IA?
The population of Hopkinton, IA is 586 according to the latest Census data.
What is the median household income in Hopkinton?
The median household income in Hopkinton, IA is $80,536 per year.
What is the median home value in Hopkinton?
The median home value in Hopkinton, IA is $108,900.
What is the average rent in Hopkinton?
The median monthly rent in Hopkinton, IA is $505.
What is the unemployment rate in Hopkinton?
The unemployment rate in Hopkinton, IA is 3.7%.