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2024 Compare Cities Economy:
Rochester, MN vs Wake Forest, NC

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Highlights
- Household income in Wake Forest, is 31% more than it is in Rochester and is 34% above the National Average.
- Rochester unemployment rate is 3.6%.
- Wake Forest unemployment rate is 3.6%.

Economy
 Rochester, MNWake Forest, NCUnited States
 Unemployment Rate3.6%3.6%6.0%
 Recent Job Growth0.4%3.0%1.6%
 Future Job Growth34.7%51.6%33.5%
 Sales Taxes8.1%7.3%6.2%
 Income Taxes7.1%5.3%4.6%
 Income per Cap.$43,827$43,601$37,638
 Household Income$79,159$104,006$69,021
 Family Median Income$101,963$112,397$85,028
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 Est. Households By Income
 Rochester, MNWake Forest, NCUnited States
 Income Less Than 15K6.9%2.8%9.4%
 Income between 15K and 20K3.4%1.5%3.8%
 Income between 20K and 30K5.6%3.4%8.1%
 Income between 30K and 40K6.0%4.9%8.0%
 Income between 40K and 50K7.5%8.8%7.6%
 Income between 50K and 60K6.6%7.1%7.2%
 Income between 60K and 75K11.4%6.7%9.6%
 Income between 75K and 100K13.9%12.0%12.8%
 Income between 100K and 150K18.8%23.0%16.3%
 Income between 150K and 200K9.4%16.7%7.8%
 Income greater than 200K10.5%13.2%9.5%
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 Population By Occupation
 Rochester, MNWake Forest, NCUnited States
 Management, business, finance13.1%28.8%16.4%
 Engineering, computers, science10.5%11.1%6.5%
 Community, social services2.2%2.5%1.8%
 Legal0.6%1.3%1.2%
 Education, library6.8%7.5%6.2%
 Arts, design, media, sports, entertainment2.3%1.8%2.0%
 Healthcare practitioners and technology18.6%8.0%6.2%
 Healthcare support4.6%1.4%3.3%
 Firefighters, law enforcement0.8%1.7%2.1%
 Food preparation, serving5.4%3.0%5.4%
 Building maintenance3.1%1.5%3.6%
 Personal care2.4%2.4%2.6%
 Sales, office, administrative support16.4%18.6%20.9%
 Farming, fishing, forestry0.2%0.4%0.6%
 Construction, extraction, maintenance/repair4.8%3.7%8.1%
 Production, transportation, material moving8.4%6.4%13.1%

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Reviews for Rochester    31 Reviews

Roch (and Minnesota) is a great place IF you live off the govt dole; subsidize undesirable things (through generous welfare benefits, lax law enforcement and sentences,  More

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Rochester is very vanilla. As a progressive, this place is not good. The area leans conservative and you'll see Trump signs everywhere... so that tells you the type of  More

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Over 4 years ago

I moved here over 20 years ago from California and I was in shock for the first couple of years that people actually lived in such a cold climate! Winter starts around  More

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Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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ZIPS IN ROCHESTER, MINNESOTA
55901 55904 55902 55906 55905
ZIPS IN WAKE FOREST, NORTH CAROLINA
27587

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