What is the median household income in Hopkins, MI?
The median household income in Hopkins, MI is $75,417 (±$16,075) a year (2020–2024 American Community Survey).
In Hopkins, the median household income went from $65,455 in 2015–2019 to $75,417 in 2020–2024 (+15.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $75,417 (±$16,075)
- Median renter income
- $23,542 (±$16,809)
Income in Hopkins against Allegan County, its state and the nation
| Hopkins | Allegan County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $75,417 (±$16,075) | $83,283 (±$2,480) | $72,875 (±$293) | $80,734 |
| Median renter household income | $23,542 (±$16,809) | $42,221 (±$4,567) | $42,352 (±$376) | $52,966 |
| Median owner household income | $87,500 (±$27,588) | $88,473 (±$2,527) | $87,130 (±$344) | $100,009 |
| Median gross rent | — | $1,100 (±$40) | $1,129 (±$4) | $1,413 |
In Hopkins, median household income is not measurably different from Allegan County ($83,283).
It is not measurably different from Michigan ($72,875).
It is not measurably different from the national figure ($80,734).
Statewide, it ranks 54 of 252.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $65,455 (±$15,121) | $75,417 (±$16,075) | +15.2% | No measurable change after inflation |
| Median home value | $123,500 (±$7,663) | $241,700 (±$24,101) | +95.7% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Hopkins
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Hopkins | — | $75,417 (±$16,075) | — |
| Monterey Township | 3.4 mi | $91,207 (±$23,582) | Not measurably different |
| Watson Township | 5.7 mi | $65,469 (±$11,517) | Not measurably different |
| Allegan Township | 5.9 mi | $88,917 (±$10,004) | Not measurably different |
| Wayland | 7.0 mi | $74,464 (±$11,752) | Not measurably different |
| Dorr Township | 7.2 mi | $97,542 (±$16,266) | Not measurably different |
| Dorr | 7.4 mi | $97,519 (±$32,386) | Not measurably different |
| Allegan | 7.6 mi | $52,925 (±$15,873) | Not measurably different |
| Wayland Township | 7.9 mi | $91,383 (±$18,180) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Hopkins lies inside Hopkins Township, whose figures include it, so it is ranked only against places like it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hopkins
What is the median household income in Hopkins?
The median household income in Hopkins is $75,417 (±$16,075) a year (2020–2024 American Community Survey).
Have incomes in Hopkins kept up with inflation?
In Hopkins, the median household income went from $65,455 in 2015–2019 to $75,417 in 2020–2024 (+15.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Hopkins?
The median renting household in Hopkins, MI earns $23,542 (±$16,809) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Hopkins village, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hopkins village, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hopkins village, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hopkins village, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hopkins village, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hopkins village, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hopkins village, Michigan (place:39180, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Hopkins at a glance
- Renters and owners in Hopkins
- Home values in Hopkins
- Homeowner costs in Hopkins
- Property taxes in Hopkins
- Types of homes in Hopkins
- Bedrooms in Hopkins
- Age of homes in Hopkins
- Heating fuel in Hopkins
- Commute and cars in Hopkins
- How long people stay in Hopkins
- Michigan landlord and tenant rules
- Housing across Allegan County
- Michigan places ranked by median household income
- Housing data for every place in Michigan