Hopkins, MI
Population 794 · Michigan
About Hopkins, MI
Hopkins is a small community located in Michigan with a population of 794 residents according to the latest US Census Bureau American Community Survey data. The median household income is $77,188 per year, which is 3% above the national median of $75,149. The median age of 31.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Hopkins features a median home value of $220,000, which is 10% below the national median of $244,900. This positions Hopkins in a moderately priced market relative to the rest of the country. Median monthly rent is $738, 37% below the national average of $1,163/month. Of the 265 total housing units, 75% are owner-occupied (200 units) and 25% are renter-occupied (65 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hopkins shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 16.2%, above the national average of 12.4%. Workers in Hopkins have an average one-way commute time of 23.7 minutes.
Education & Demographics
20.7% of Hopkins residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.0% White, 1.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.3% of the population being foreign-born.
Cost of Living in Hopkins, MI
Compared to national averages, Hopkins has a median household income of $77,188 (3% above the national median of $75,149). Home values average $220,000, which is 10% below the national median. Monthly rent at $738 is 37% below the US average of $1,163. Within Michigan, Hopkins's income is 17% above the state average of $66,017, and home values are 20% above the state median of $183,391.
Why Live in Hopkins, MI?
Hopkins offers a strong local economy with a median household income of $77,188, well above the national average, and affordable housing with a median home value of $220,000, below the US average of $244,900, and rent that’s lower than the national average at $738/month. Additionally, the city features short commute times averaging just 23.7 minutes.
Hopkins has a population of 794 with a median age of 31.5 years. Compare Hopkins with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Hopkins
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Climax | 790 | $78,750 | $202,600 | Compare |
| Port Sanilac | 787 | $41,779 | $154,500 | Compare |
| Elkton | 775 | $47,717 | $84,500 | Compare |
| Sheridan | 816 | $56,786 | $140,600 | Compare |
| Vermontville | 767 | $53,750 | $124,100 | Compare |
| Springport | 822 | $50,000 | $100,700 | Compare |
| Grawn | 824 | $57,386 | $120,200 | Compare |
| McBain | 825 | $46,786 | $116,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Hopkins With Other Cities
Frequently Asked Questions about Hopkins
What is the population of Hopkins, MI?
The population of Hopkins, MI is 794 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Michigan.
What is the median household income in Hopkins?
The median household income in Hopkins, MI is $77,188 per year, which is 3% above the national median of $75,149.
What is the median home value in Hopkins?
The median home value in Hopkins, MI is $220,000, which is 10% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hopkins?
The median monthly rent in Hopkins, MI is $738, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Hopkins?
The unemployment rate in Hopkins, MI is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hopkins, MI a good place to live?
Hopkins offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 794 and a median age of 31.5, the city appeals to young professionals and families.
How educated is Hopkins, MI?
20.7% of residents in Hopkins aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Hopkins?
Key cost-of-living indicators for Hopkins, MI: median home value is $220,000 (10% below national), median rent is $738/month, and median household income is $77,188. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hopkins?
The poverty rate in Hopkins, MI is 16.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Hopkins, MI?
Hopkins's population is 1.0% White, 1.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.3% of residents are foreign-born.