Home Affordability in 55343
Hopkins, MN — Hennepin County
The median home price in ZIP code 55343 (Hopkins) is $335,000 with a median household income of $62,000. The price-to-income ratio is 5.4x.
Median Home Price
$335,000
Median Income
$62,000
Price-to-Income
5.4x
Est. Affordable Home
$241,000
Property Tax Rate
1.05%
Annual Property Tax
$3,518
Cost of Living
102
Metro Area
Minneapolis MSA
Down Payment Scenarios for ZIP 55343
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $10,050 | $324,950 | Yes |
| 5% | $16,750 | $318,250 | Yes |
| 10% | $33,500 | $301,500 | Yes |
| 20% | $67,000 | $268,000 | No |
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