Hopkinton, IA
Full City Profile · Iowa · Delaware County County
3.7
/5.0
B+
Good
586
Population
916/sq mi density
$80,536
Median Income
$32,212 per capita
$108,900
Home Value
$261,779 Zillow
$505
Median Rent
24.7% income on rent
48°F
Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$80,536 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$108,900 home value, $505/mo rent
D
Education
1.7 / 5.0
8.2% bachelor's degree or higher
Housing Overview
Median Home Value
$108,900
61% below
US avg: $281,900
Median Rent
$505/mo
57% below
US avg: $1,163/mo
Homeownership Rate
83.3%
27% above US avg (65.4%)
Total Housing Units
274
Median year built: 1961
Home Value by Source
Census Median
$108,900
Zillow (ZHVI)
$261,779
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.3%
Owner-Occupied
16.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$505/mo
Affordability & Housing Stock
Rent Burden
24.7%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
83.3%
Complete Housing Data
Home Values
| Census Median Value | $108,900 |
| Zillow Home Value (ZHVI) | $261,779 |
Rent
| Census Median Rent | $505 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 83.3% |
| Renter-Occupied | 16.7% |
| Homeownership Rate | 83.3% |
| Total Housing Units | 274 |
| Median Year Built | 1961 |
| Rent Burden | 24.7% |