Paycheck Atlas

Hopkins, MN

18,819Residents
$75,234Median household income
$1,468/moMedian gross rent
$375,600Median home value
37.8Median age
46%Adults with a bachelor’s degree or higher
37%Homes lived in by their owners
5.0×Home value to household income

Median rent takes about 23% of the median household income in Hopkins.

What pay do you need to rent here?

To keep rent at or below 30% of gross pay, you would need about $59,000 a year. In Minnesota that leaves roughly $3,798 a month after tax. See the full paycheck breakdown for $60,000.

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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.