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

Population 1,880
Median Household Income $105,833
Median Home Value $366,900
Median Rent $980
Median Age 44.3
Unemployment Rate 2.9%
Poverty Rate 4.2%
Bachelor's Degree or Higher 20.3%
County Dakota County
State Minnesota

ZIP 55031 vs. Minnesota vs. U.S.

MetricZIP 55031MN Avg.U.S. Avg.
Population1,8806,53110k
Median Household Income$105k$77k$73k
Median Home Value$366k$223k$258k
Median Rent$980$954$1,088
Median Age44.343.243.2
Unemployment Rate2.9%4.0%5.0%
Poverty Rate4.2%9.9%13.3%
Bachelor's Degree or Higher20.3%26.4%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

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