Hopkinton employment information

IndexHopkintonIowaNational
Income per capita$22,432$28,872$29,829
Median household income$44,250$54,570$55,322
Median income owner occupied$49,063$66,527$70,586
Median income renter occupied$20,500$30,828$35,192
Median earnings male$27,813$37,409$36,919
Median earnings female$21,083$25,115$26,250
Unemployment rate4.2%3.1%4.7%
Poverty level4.6%12.3%15.1%
The Hopkinton, IA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Hopkinton is $22,432, which is 22% lower than than the Iowa average and 25% lower than than the national average. The median household income is $44,250, which is 19% lower than than the Iowa average and 20% lower than than the national average. The unemployment rate in Hopkinton is 4%, which is 9% lower than than the national average. The poverty rate in Hopkinton is 5% which is 69% lower than than the national average.

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am i middle class

$Input your household income
$29,497$44,250$88,500
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.

Did you know?

  • The income per capita in Hopkinton is 25% lower than the national average.
  • The median household income in Hopkinton is 20% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Hopkinton is 9% lower than the national average.
  • The poverty level in Hopkinton is 69% lower than the national average.

Compare Hopkinton, IA Employment To Other Cities

      vs

      Hopkinton median earnings by income bracket

      Hopkinton employment by industry

      Labour TypeMaleFemale
      Construction industry1.4%0.0%
      Manufacturing sector38.1%9.3%
      Financial & insurance services2.0%5.3%
      Wholesale & retail services26.5%7.3%
      Public administration1.4%0.0%
      Transportation, warehousing & utilities9.5%1.3%
      Education, health & social services3.4%36.7%
      Other17.7%22.0%

      Nearby cities with high median household income

      City, StatePopulationHousehold IncomeNational Avg.
      Farley, IA1,688$78,33342%
      Ryan, IA364$65,25018%
      Earlville, IA835$62,50013%
      Central City, IA1,320$61,64111%
      Worthington, IA420$60,62510%
      Hopkinton, IA561$44,25020%

      Cities with similar population

      City, StatePopulationHousehold IncomeNational Avg.
      Olpe, KS561$51,5007%
      East Randolph, NY561$24,53156%
      New Berlin, TX561$72,30831%
      Wayland, MO561$41,02326%
      Allensworth, CA561$29,09147%
      Hopkinton, IA561$44,25020%
      Source: The Hopkinton, IA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).