Rochester, IA is a great place to live with many job opportunities and attractions. It has a lower cost of living than the US average, with an average two bedroom rent of $810 compared to the US average of $1430. There is also a lower Grocery Cost Index in Rochester at 96 compared to 100 in the US.
Some local companies in Rochester include Hy-Vee Grocery Store, TK Concrete Construction, Kwik Star Gas Station and Five Points Public House & Brewery. Popular attractions in Rochester include The Quarry Hill Nature Center, Soldier’s Field Golf Course and the Rochester Art Center. For those who enjoy outdoor activities, Silver Lake Park provides lots of green space for hiking trails, picnics and fishing.
Rochester has an unemployment rate of 4.1%. The US average is 6.0%.
Rochester has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Rochester
- The Sales Tax Rate for Rochester is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rochester is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Rochester
- The average income of a Rochester resident is $0 a year. The US average is $28,555 a year.
- The Median household income of a Rochester resident is $62,232 a year. The US average is $69,021 a year.