Hampton, MN
Population 510 · Minnesota
About Hampton, MN
Hampton is a small community located in Minnesota with a population of 510 residents according to the latest US Census Bureau American Community Survey data. The median household income is $106,111 per year, which is 41% above the national median of $75,149. The median age of 34.8 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 Hampton features a median home value of $305,700, which is 25% above the national median of $244,900. This positions Hampton in a moderately priced market relative to the rest of the country. Median monthly rent is $950, 18% below the national average of $1,163/month. Of the 234 total housing units, 92% are owner-occupied (170 units) and 8% are renter-occupied (14 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hampton shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hampton have an average one-way commute time of 29.3 minutes.
Education & Demographics
21.5% of Hampton 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 7.6% White, 3.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.5% of the population being foreign-born.
Cost of Living in Hampton, MN
Compared to national averages, Hampton has a median household income of $106,111 (41% above the national median of $75,149). Home values average $305,700, which is 25% above the national median. Monthly rent at $950 is 18% below the US average of $1,163. Within Minnesota, Hampton's income is 43% above the state average of $74,221, and home values are 50% above the state median of $204,472.
Why Live in Hampton, MN?
Hampton offers a strong local economy with a median household income of $106,111, well above the national average, and rent that’s lower than the national average at $950/month, and a low poverty rate of 6.5%, better than the national average.
Hampton has a population of 510 with a median age of 34.8 years. Compare Hampton with other cities to see how it stacks up, or explore all cities in Minnesota.
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Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hampton
What is the population of Hampton, MN?
The population of Hampton, MN is 510 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Hampton?
The median household income in Hampton, MN is $106,111 per year, which is 41% above the national median of $75,149.
What is the median home value in Hampton?
The median home value in Hampton, MN is $305,700, which is 25% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hampton?
The median monthly rent in Hampton, MN is $950, which is 18% below the national average of $1,163/month.
What is the unemployment rate in Hampton?
The unemployment rate in Hampton, MN is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hampton, MN a good place to live?
Hampton offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 510 and a median age of 34.8, the city appeals to young professionals and families.
How educated is Hampton, MN?
21.5% of residents in Hampton 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 Hampton?
Key cost-of-living indicators for Hampton, MN: median home value is $305,700 (25% above national), median rent is $950/month, and median household income is $106,111. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hampton?
The poverty rate in Hampton, MN is 6.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hampton, MN?
Hampton's population is 7.6% White, 3.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.2% two or more races. 2.5% of residents are foreign-born.