ZIP Code 55031 — Hampton city, MN Demographics & Data

ZIP code 55031 covers Hampton, MN in Dakota County with a population of about 1,682.

At a glance, the area shows median age of 44.3 versus a U.S. median of about 38.9.

It sits in telephone area codes 507, 651; U.S. House district MN-2; the MINNEAPOLIS - ST. PAUL media market.

Median household income in ZIP 55031 is about $113,654 — about 51% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 4.2%; unemployment rate near 2.9%; 20.3% of adults with a bachelor’s degree or higher (about 13.4 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Construction, and Healthcare; about 13.1% of workers reporting work-from-home (about 2.1 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $393,400 — about 13% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $955 (about 18% below the U.S. median rent ($1,163)), and owner-occupancy near 93.6% (about 28.2 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 55031 in Hampton, MN, a household would need roughly $108,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,527. That is roughly in line with the local median household income ($113,654). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Hampton city, MN as Relatively Moderate (composite score 89.5), which is elevated versus much of the country. The strongest component scores on US5 are flood (88.7) and wildfire (39.6). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Hampton city, MN show little to no average snow and around 34.1 inches of annual precipitation.

IRS migration statistics show a net inflow of about 119 for ZIP 55031 (Hampton city, MN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.