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Rochester, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
122,330
Population
$89,389
Median Income
$310,500
Home Value
36.3
Median Age

Demographics

Rochester has a population of 122,330 with a median age of 36.3. Here is the racial and ethnic breakdown of the population:

White
72.9%
Black
9.8%
Asian
7.8%
Hispanic
6.6%
Other
2.9%
Demographic Value
Total Population122,330
Median Age36.3
White72.9%
Black or African American9.8%
Asian7.8%
Hispanic or Latino6.6%
Other / Two or More Races2.9%
Rochester, Minnesota — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 72.9%Black: 9.8%Asian: 7.8%Hispanic/Latino: 6.6%Other: 2.9%122,330PopulationWhiteWhite72.9%BlackBlack9.8%AsianAsian7.8%Hispanic/LatinoHispanic/Latino6.6%OtherOther2.9%

Income & Economy

The median household income in Rochester is $89,389, which is 10.9% above the national median of $80,610. The per capita income is $52,671. The poverty rate is 8.5%.

$89,389
Median Household Income
$52,671
Per Capita Income
8.5%
Poverty Rate

Employment

The unemployment rate in Rochester is 2.3%, compared to the national rate of 4.1%.

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Education

In Rochester, 94.7% of residents age 25+ have a high school diploma or higher, and 50.9% hold a bachelor's degree or higher (22.3% with a graduate or professional degree).

HS Diploma+
94.7%
Bachelor's+
50.9%
Graduate+
22.3%
Education Level % of Adults (25+)
High School Diploma or Higher94.7%
Bachelor's Degree or Higher50.9%
Graduate or Professional Degree22.3%

Housing

The median home value in Rochester is $310,500, above the national median of $303,400. The median monthly rent is $1,399. The homeownership rate is 65.1%.

$310,500
Median Home Value
$1,399/mo
Median Rent
65.1%
Homeownership Rate
Housing Metric Value
Median Home Value$310,500
Median Monthly Rent$1,399
Homeownership Rate65.1%
Vacancy Rate6.2%

Salaries in Minnesota

Explore salary data for popular occupations in Minnesota:

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Other Cities in Minnesota

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Frequently Asked Questions

What is the population of Rochester, Minnesota?
The population of Rochester, Minnesota is 122,330 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Rochester, Minnesota?
The median household income in Rochester, Minnesota is $89,389. This is 10.9% above the national median of $80,610.
What is the median home value in Rochester, Minnesota?
The median home value in Rochester, Minnesota is $310,500. The median monthly rent is $1,399.
What percentage of people in Rochester have a college degree?
In Rochester, Minnesota, 50.9% of adults age 25 and older hold a bachelor's degree or higher, and 94.7% 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 3.5x (median home value $310,500 vs. median income $89,389), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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