Hopkins, MN Real Estate
According to census data in the year 2000 there were 8,404 housing units in Hopkins.
This represents a 2% decline from 8,572 in 1990.
Of those housing units, 8,404 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Hopkins is about 38.5%.
Hopkins's vacancy rate, including seasonal lodging, is about 2%.
Average household size is 2.02 people.
The majority of houses, apartments or condos in Hopkins were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.10% |
| One Bedroom | 32.50% |
| Two Bedrooms | 33.90% |
| Three Bedrooms | 18.90% |
| Four Bedrooms | 7.40% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $132,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $840 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 11.50% |
| Home Equity Loan | 12.20% |
| Simple Mortgage | 47.20% |
| Debt Free | 28.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
