Rochester, Minnesota

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
120,848
Population
$83,973
Median Income
$268,800
Home Value
36.3
Median Age

Demographics

Rochester has a population of 120,848 with a median age of 36.3. Here is the racial and ethnic breakdown of the population:

White
76.3%
Black
9.2%
Asian
7.8%
Hispanic
5.9%
Other
0.8%
Demographic Value
Total Population120,848
Median Age36.3
White76.3%
Black or African American9.2%
Asian7.8%
Hispanic or Latino5.9%
Other / Two or More Races0.8%

Income & Economy

The median household income in Rochester is $83,973, which is 11.7% above the national median of $75,149. The per capita income is $47,516. The poverty rate is 9.1%.

$83,973
Median Household Income
$47,516
Per Capita Income
9.1%
Poverty Rate

Employment

The unemployment rate in Rochester is 3.7%, compared to the national rate of 5.4%.

Education

In Rochester, 94.3% of residents age 25+ have a high school diploma or higher, and 49.1% hold a bachelor's degree or higher (21.9% with a graduate or professional degree).

HS Diploma+
94.3%
Bachelor's+
49.1%
Graduate+
21.9%
Education Level % of Adults (25+)
High School Diploma or Higher94.3%
Bachelor's Degree or Higher49.1%
Graduate or Professional Degree21.9%

Housing

The median home value in Rochester is $268,800, below the national median of $281,900. The median monthly rent is $1,218. The homeownership rate is 65.5%.

$268,800
Median Home Value
$1,218/mo
Median Rent
65.5%
Homeownership Rate
Housing Metric Value
Median Home Value$268,800
Median Monthly Rent$1,218
Homeownership Rate65.5%
Vacancy Rate4.9%

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Frequently Asked Questions

What is the population of Rochester, Minnesota?
The population of Rochester, Minnesota is 120,848 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Rochester, Minnesota?
The median household income in Rochester, Minnesota is $83,973. This is 11.7% above the national median of $75,149.
What is the median home value in Rochester, Minnesota?
The median home value in Rochester, Minnesota is $268,800. The median monthly rent is $1,218.
What percentage of people in Rochester have a college degree?
In Rochester, Minnesota, 49.1% of adults age 25 and older hold a bachelor's degree or higher, and 94.3% have a high school diploma or higher.
Is Rochester, Minnesota an affordable place to live?
The home price-to-income ratio in Rochester, Minnesota is 3.2x (median home value $268,800 vs. median income $83,973), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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