Hopkinton, IA Employment - Median Household Income, Unemployment Rate

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C+

17%

Income/capita NAT. AVG.

5%

Household income NAT. AVG.

39%

Unemployment NAT. AVG.

Index	Hopkinton	Iowa	National
Income per capita	$24,843	$28,872	$29,829
Median household income	$58,281	$54,570	$55,322
Median income owner occupied	$64,271	$66,527	$70,586
Median income renter occupied	$18,750	$30,828	$35,192
Median earnings male	$44,107	$37,409	$36,919
Median earnings female	$30,288	$25,115	$26,250
Unemployment rate	2.8%	3.1%	4.7%
Poverty level	13.9%	12.3%	15.1%

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Key findings

The income per capita in Hopkinton is 17% lower than the national average
The median household income in Hopkinton is 5% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Hopkinton is 39% lower than the national average
The poverty level in Hopkinton is 8% lower than the national average

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am i middle class

$38,850 $58,281 $116,562

City

$36,376 $54,570 $109,140

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Hopkinton median earnings by income bracket

Hopkinton employment by industry

Labour Type	Male	Female
Construction industry	10.7%	10.7%
Manufacturing sector	40.3%	40.3%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	20.1%	20.1%
Public administration	6.0%	6.0%
Transportation, warehousing & utilities	0.0%	0.0%
Education, health & social services	10.7%	10.7%
Other	12.1%	12.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Farley, IA	1,733	$85,024	53.7%
Coggon, IA	743	$75,089	35.7%
Central City, IA	1,207	$68,500	23.8%
Dyersville, IA	4,131	$64,280	16.2%
Earlville, IA	807	$63,750	15.2%
Hopkinton, IA	568	$58,281	5.3%

Cities with similar population

City	Population	Household Income	National Avg.
Dustin Acres, CA	568	$46,667	15.6%
Scranton, IA	568	$48,173	12.9%
Firth, ID	568	$57,115	3.2%
Hutsonville, IL	568	$46,875	15.3%
Grayson, LA	568	$38,750	30.0%
Hopkinton, IA	568	$58,281	5.3%

Source: The Hopkinton, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).