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==Housing== Hopkins has a much lower homeownership rate than neighboring communities. The city's 39 percent homeownership rate is 22 percentage points less than the 61 percent of St. Louis Park, which has the next lowest rate among Hopkins’ neighbors.<ref name="Community Profile">{{cite web|title=Community Profile |url= http://stats.metc.state.mn.us/profile/detail.aspx?c=02394417 |access-date=December 1, 2013}}</ref> Other west metro communities fall in the mid-70 percent range. Housing also tends to be more affordable than most west metro communities. Hopkins’ $225,200 median value is the lowest among its neighbors.<ref name="Community Profile"/> The median housing value for St. Louis Park, which is next lowest, is 6.75 percent higher at $240,400.
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