Median Income
$80,714
household / year
Median Home Value
$98,800
owner-occupied
Median Rent
$507
gross / month
Cost of Living
85
national avg = 100

Is Hopkinton, IA a Good Place to Live?

Hopkinton is a small town of 657 in Iowa, with a median household income of $80,714 and a 1.7% unemployment rate. Its cost of living index is 85 (US average = 100), which is 15% below the national average.

Strengths: Hopkinton stands out for an affordable cost of living, below-average home prices, solid school ratings (B), short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Hopkinton is right for you depends on your priorities — the full breakdown is below.

All Hopkinton city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 84.8

Hopkinton's overall cost of living index is 84.8, where 100 represents the US national average. Living in Hopkinton costs roughly 15% less than the average American city.

Metric Hopkinton, IA National Avg
Median Home Value $98,800 $244,900
Median Monthly Rent $507 $1,163
Homeownership Rate 85.3% 65.9%
Median Household Income $80,714 $74,755

Crime & Safety

Very Safe

Hopkinton's violent crime rate is 194.0 per 100,000 residents — 49% lower than the national average of ~380 per 100,000.

Violent Crime
194.0 /100k
Property Crime
458.5 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Hopkinton is served primarily by Maquoketa Valley Comm School District. The student-to-teacher ratio is 12.7:1 (better than the national average of ~16:1).

Metric Hopkinton, IA National Avg
School District Maquoketa Valley Comm School District —
Elementary Schools 3 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 12.7:1 16:1
Bachelor's Degree or Higher 9.2% 35.4%
High School Diploma or Higher 92.9% 91.1%

Weather & Climate

Hopkinton sees average highs of 27.4°F in January and 83.1°F in July, with 38.6 inches of annual precipitation and 31.1 inches of snow per year.

MetricHopkinton, IA
Average High — January27.4°F
Average High — July83.1°F
Annual Precipitation38.6"
Annual Snowfall31.1"

Demographics

MetricHopkinton, IANational Avg
Population657—
Median Age36.338.9
Unemployment Rate1.7%3.7%
Avg Commute Time25.4 min26 min
White (non-Hispanic)97.6%59.3%
Black or African American0.0%13.6%
Hispanic or Latino2.3%18.9%
Asian0.0%6.3%
Under 1829.5%22.2%
65 and over11.4%16.8%

Nearby Cities

ZIP Codes in Hopkinton

Hopkinton, IA is covered by 1 ZIP code:

Hopkinton vs Other Cities

Frequently Asked Questions

Hopkinton's cost of living index is 85, where 100 is the national average. That makes Hopkinton roughly 15% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $98,800 and median rent is $507/month.
Hopkinton's violent crime rate is 194.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 458.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Hopkinton are operated by Maquoketa Valley Comm School District. The district has 3 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 12.7:1. 9.2% of adults 25+ hold a bachelor's degree or higher.
Hopkinton, IA has a population of 657, a median household income of $80,714, and an unemployment rate of 1.7%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Hopkinton averages 27.4°F in January and 83.1°F in July. Annual rainfall is 38.6 inches with about 31.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Hopkinton, IA is covered by 1 ZIP code: 52237.
The population of Hopkinton, Iowa is 657 with a median age of 36.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Hopkinton: cost of living index 85 (100 = US average), median home $98,800, median household income $80,714, crime index 39 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Hopkinton side by side with your current city to see the trade-offs.