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I was working on a definition of hipster with the wife a while back. It's hard to define a term that is so inclusive as to be meaningless but this is what she came up with. Hipster : Any person that does not frequently shop at Wall Mart.
Hipsters ironically shop at Walmart all the time. There's also the problem (well; "problem") that many locales are Walmart-poor. They're rare as hen's teeth up here in the PNW and were a hard drive in Los Angeles. But you're right - it's a difficult term. Look it up on UrbanDictionary; it's probably the longest entry they have.