55031 ZIP Code – Hampton, Minnesota
55031 is a small ZIP code in Hampton, Minnesota, part of Dakota County with a population of approximately 1,880 residents. The median household income of $105,833 is above the Minnesota average and above the national average. Median home values of $366,900 are above the national average, with 95.2% owner-occupied housing (increasing). ; median rent of $980 is similarly near the national average. Housing consists of 94% single-family (increasing).
The area reports an unemployment rate of 2.9%, well below the national average. About 4.2% of residents live below the poverty line, well below the national rate. 20.3% of adults hold a bachelor's degree or higher, below the U.S. average. At 44.3, the median age is near the national figure. ZIP codes in the surrounding area include 55085, 55065, 55024.
ZIP Code 55031 Data
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ZIP 55031 vs. Minnesota vs. U.S.
| Metric | ZIP 55031 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 1,880 | 6,531 | 10k |
| Median Household Income | $105k | $77k | $73k |
| Median Home Value | $366k | $223k | $258k |
| Median Rent | $980 | $954 | $1,088 |
| Median Age | 44.3 | 43.2 | 43.2 |
| Unemployment Rate | 2.9% | 4.0% | 5.0% |
| Poverty Rate | 4.2% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 20.3% | 26.4% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 55085 – Vermillion
- 55065 – Randolph
- 55024 – Farmington
- 55033 – Hastings
- 55009 – Cannon Falls
- 55068 – Rosemount
- 55089 – Welch
- 55018 – Dennison
- 55057 – Northfield
- 55016 – Cottage Grove
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 55085 | VERMILLION | 430 | $95,625 |
| 55065 | RANDOLPH | 1,294 | $111,250 |
| 55024 | FARMINGTON | 36,697 | $116,536 |
| 55033 | HASTINGS | 29,454 | $98,346 |
| 55009 | CANNON FALLS | 8,136 | $84,236 |