Rochester, Minnesota 

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Economy in Rochester, Minnesota

Rochester has an unemployment rate of 2.8%. The US average is 3.7%.

Rochester has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 34.7%, which is higher than the US average of 33.5%.

Tax Rates for Rochester
- The Sales Tax Rate for Rochester is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Rochester is 7.1%. 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 $33,625 a year. The US average is $28,555 a year.
- The Median household income of a Rochester resident is $63,472 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYRochester, MinnesotaUnited States
  2.8%3.7%
  0.4%1.6%
  34.7%33.5%
  8.1%6.2%
  7.1%4.6%
  $36,659$31,177
  $68,574$57,652
  $87,639$70,850
  POPULATION BY OCCUPATION
  0.9%1.3%
  0.1%0.6%
  3.6%6.2%
  9.0%10.4%
  1.4%2.7%
  10.7%11.6%
  2.4%4.1%
  0.2%0.9%
  2.2%2.1%
  2.5%4.7%
  0.9%1.9%
  5.3%6.7%
  0.0%0.1%
  2.3%4.3%
  6.9%9.3%
  38.7%13.8%
  1.3%2.2%
  5.7%7.4%
  3.8%4.9%
  2.3%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Rochester    29 Reviews
    Too cold for too long - 1/26/2020
    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... Read More

    Start Your Review of Rochester


    F*** You, Rochester, and F*** Minnesota. - 5/21/2019
    Rochester's kind of like one of those little chocolates with the bright, cheery candy shell. Except the insides aren't chocolate. Living costs are creeping up and up... Read More

    Rochester, MN is a Midwest Gem - 4/23/2019
    I lived in Rochester for over 2 decades. It's quite a gem in the Midwest. A metropolitan up and coming city. Home to the world-renowned Mayo Clinic. It is easy to get... Read More


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    COMPARE COST OF LIVING
    Compare Rochester, Minnesota to any other place in the USA.

    MAPS OF ROCHESTER, MINNESOTA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Rochester,Minnesota Map
    ZIP CODES IN ROCHESTER, MINNESOTA
    55901 55904 55902 55906 55905

    NEW LISTINGS IN ROCHESTER
    $165,000
    1807 1st Ave SW
    Bed 2 | Bath 1

    $559,900
    412 15th Ave SW
    Bed 5 | Bath 4

    $3,500
    918 Southern Woods Pl SW
    Bed 4 | Bath 3

    $345,900
    2474 Boulder Ridge Dr NW
    Bed 5 | Bath 4

    $499,900
    2388 Starburst Dr SW
    Bed 4 | Bath 3

    $309,900
    1034 14th Ave SW
    Bed 4 | Bath 2

    $309,000
    426 Lakewood Ln NW
    Bed 3 | Bath 2


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