Living in Rochester, Minnesota
Cost of living, income, home prices, rent and demographics of Rochester · Census data 2020–2024
Rochester has 122,330 residents with a median age of 36.3. The median household income is $89,389 (about the same as the Minnesota median), the median home value is $310,500, the median rent is $1,399/month.
Rochester at a glance
- Population
- 122,330
- Median age
- 36.3State: 38.8
- Median household income
- $89,389State: $89,062
- Median home value
- $310,500State: $329,300
- Median rent
- $1,399/moState: $1,280
- Homeowners
- 65.1%
- Bachelor's degree or higher
- 50.9%
- Average commute
- 17 min
Is Rochester a good place to live?
Pros: Median household income about the same as the Minnesota median; home values 6% lower than the state median; an average commute of 17 minutes; unemployment of 3.7%; a poverty rate of 8.5%.
The weather is best in June to September.
Cost of living in Rochester
Housing is the biggest part of the cost of living. In Rochester the median home value is $310,500, 7% lower than the U.S. median. Renters pay a median of $1,399 per month, which is 29.1% of household income. Homeowners with a mortgage pay $1,864 a month in housing costs.
Rochester median household income
The median household income in Rochester is $89,389 and the income per person is $52,671. 8.5% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Rochester: homes for sale and rent
- Housing units
- 54,492
- Owner-occupied
- 65.1%
- Renter-occupied
- 34.9%
- Vacant
- 6.2%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.34
Rochester demographics
- Population
- 122,330
- Median age
- 36.3
- Under 18
- 23.3%
- 65 and older
- 16.3%
- Households
- 51,131
- Foreign-born
- 13.3%
- Veterans
- 5.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Rochester ›
Education in Rochester
50.9% of adults 25 and older in Rochester have a bachelor's degree or higher (Minnesota: 39.4%), and 22.3% have a graduate or professional degree.
Jobs and commute in Rochester
- Unemployment rate
- 3.7%State: 4.1%
- Average commute
- 17 minState: 23 min
- Work from home
- 14.7%
- Drive alone
- 64.8%
- Public transit
- 3.7%
- Walk to work
- 4.5%
- Homes with broadband
- 92.1%
Rochester vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Rochester | 122,330 | $89,389 | $310,500 | $1,399 |
| Byron | 6,646 | $124,010 | $345,300 | $1,135 |
| Oronoco | 1,679 | $157,500 | $505,000 | $1,100 |
| Stewartville | 6,807 | $82,632 | $265,300 | $1,070 |
| High Forest | 124 | $128,750 | $314,300 | — |
| Eyota | 1,944 | $82,930 | $278,200 | $805 |
| Kasson | 7,050 | $93,333 | $285,200 | $1,113 |
| Elgin | 1,116 | $92,083 | $232,200 | $727 |
| Mantorville | 1,047 | $110,000 | $305,500 | $1,361 |
More for people moving to Rochester
Rochester ZIP code ›Weather and climate ›Living in Rochester: FAQ
What is the median household income in Rochester, MN?
The median household income in Rochester is $89,389, about the same as the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Rochester?
The median home value in Rochester is $310,500, compared with $329,300 in Minnesota.
How much is rent in Rochester?
The median gross rent in Rochester is $1,399 per month, about 29.1% of household income.
Is Rochester, MN a good place to live?
Pluses: median household income about the same as the Minnesota median; home values 6% lower than the state median; an average commute of 17 minutes; unemployment of 3.7%; a poverty rate of 8.5%.
What is the median age in Rochester?
The median age in Rochester is 36.3 years (Minnesota: 38.8).
How long is the commute in Rochester?
The average commute to work in Rochester is 17 minutes; 14.7% of workers work from home.
What is the unemployment rate in Rochester?
The unemployment rate in Rochester is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Rochester?
50.9% of adults in Rochester have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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