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Businesses for Sale | Hopkins, Minnesota

Discover business opportunities, in or around Hopkins, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Hopkins, located in The North Star State had a total population of 18,772 people.

Top Franchise Opportunities in Hopkins, Minnesota on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Financial Franchises$70,000
2Business Opportunities$30,000
3Business Services$50,000
4Sports & Leisure$60,000
5Business Opportunities$100,000
6Computer & Internet Franchises$10,000
7Home Services & Repair Franchises$50,000
8Cleaning Franchises$100,000
9Financial Businesses$100,000
10Personnel & Staffing$150,000

City Statistics and Other Information About Hopkins

Demographics

From a total population of 18,772, Hopkins has a median age of 36. The average age of males, in Hopkins, is 35 while the average age of females is 37. When you compare the median age of men and women in Hopkins, there is an average difference of 1.42 years.

Income

The median income of individuals, in Hopkins, is $51,048 while the average household income is $73,969. In 2029, the average income per capita for Hopkins is expected to be $51,048.

Additional Information

55305 - 55343
Hennepin County

Is Hopkins the Best Location for Franchise Opportunities and Growth?

What is the average income in Hopkins?

The median household income in Hopkins is $73,969, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Hopkins an affordable place to start a franchise?

With a median income of $73,969, Hopkins presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Hopkins's income compare to other locations?

The median income of $73,969 in Hopkins is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Hopkins have a stable workforce to support my business?

Absolutely! With 5,659 employed individuals, Hopkins offers a solid labor force to support franchise growth.

Is Hopkins a growing economy?

With a workforce of 5,659 and a median household income of $73,969, Hopkins provides an emerging economic environment for new business opportunities.

Does homeownership in Hopkins indicate a stable market?

Homeownership rates at 3,382 show a strong local investment in the community, which benefits long-term franchise success.

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