Economy in Rochester, Minnesota
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| Unemployment Rate | 4.20% | 8.60% |
| Recent Job Growth | 0.54% | 0.35% |
| Future Job Growth | 36.88% | 32.10% |
| Sales Taxes | 7.00% | 5.00% |
| Income Taxes | 7.05% | 4.70% |
| Income per Cap. | $29,687 | $26,154 |
| Household Income | $57,750 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 8.42% | 12.37% |
| Income between 15K and 25K | 8.58% | 10.53% |
| Income between 25K and 35K | 10.01% | 10.88% |
| Income between 35K and 50K | 15.36% | 15.37% |
| Income between 50K and 75K | 23.21% | 20.14% |
| Income between 75K and 100K | 13.93% | 12.41% |
| Income between 100K and 150K | 12.41% | 11.27% |
| Income between 150K and 250K | 5.81% | 5.01% |
| Income between 250K and 500K | 2.07% | 1.86% |
| Income greater than 500K | 0.19% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.53% | 14.04% |
| Professional and Related Occupations | 37.71% | 20.61% |
| Service | 13.98% | 14.45% |
| Sales and Office | 22.39% | 26.75% |
| Farming, Fishing, and Forestry | 0.12% | 0.70% |
| Construction, Extraction, and Maintenance | 6.53% | 9.42% |
| Production, Transportation, and Material Moving | 8.74% | 14.05% |
The unemployment rate in Rochester, MN, is 4.20%, with job growth of 0.54%. Future job growth over the next ten years is predicted to be 36.88%.
Rochester, MN Taxes
Rochester, MN,sales tax rate is 7.00%. Income tax is 7.05%.
Rochester, MN Income and Salaries
The income per capita is $29,687, which includes all adults and children. The median household income is $57,750.
Rochester Economy SperlingViews
Walking: Rochester has excellent recreational paths for walkers, bikers, etc. However, when a path crosses a street or highway, I do not feel safe because drivers in Rochester... (read more)Cold: The cold winters are too cold and last too long for... (read more)Rochester, Minnesota: First off the positive, Rochester is a nice city,with a population of around 100K, its a nice size, easy to get around and a good clean safe palce to live, with Mayo... (read more)Have an opinion about Rochester? Leave a commentTo See All SperlingViews for Rochester Click Here
