Demographics

Stewartville Pool in the Rochester Area

The Rochester MSA continually ranks high in polls relating to quality of life and employee productivity. Money magazine reported that the city of Rochester “radiates cosmopolitan style without big city ills.”The smaller cities surrounding Rochester represent rural living at its best. Whether you are searching for a new corporate home, a place to expand your business, or a new place to live, the Rochester MSA offers the finest in business climate, labor force, real estate, utilities, transportation, education, and quality of life.

The Rochester, Minnesota, Metropolitan Statistical Area (MSA) comprises Olmsted, Dodge, Fillmore, and Wabasha counties.

Olmsted County includes the cities of:

Dodge County includes the cities of:

Wabasha County includes the cities of:

Fillmore County includes the cities of Canton, as well as portions of:

The Minnesota State Demographer’s Office reported the 2016 population of the Rochester MSA at 215,646.

Demographics 

Labor Force (2017) 119,391
 
Unemployment Rate (2017 Annualized)
Rochester MSA 2.8%
Minnesota 3.4%
United States 3.9%
(Source: Minnesota Department of Employment & Economic Development)

 

 
Rochester MSA Population 2017 218,530
White Population 85.8%
Asian & Pacific Islander 4.8%
Black Population 4.7%
Hispanic Population 4.4%
Native American Population .3%

 

Median Age in Rochester MSA 2017 38.3 Years Old
Under 25 32.0%
Ages 25-34 13.4%
Ages 34-44 13.0%
Ages 45-64 25.4%
Ages 65+ 16.2%

 

Per Capita Income $52,364
 
Number of Households 91,430
 
Mean Household Income $123,665
 
Total Retail Sales $3,508,720,000
(Source: Woods & Poole Economics, 2018)

 

2017 Median Sold Price of Single Family Home in Rochester $215,000
2017 Average Sold Price of Single Family Home in Rochester $252,285

 

Educational Attainment in Rochester MSA 2016, Age 25 & Over
Less than 9th grade   2.8%
9th to 12 grade, no diploma   3.4%
High school graduate (includes equivalency) 24.9%
Some college, no degree 21.0%
Associates degree 11.9%
Bachelor's degree 21.8%
Graduate or professional degree 14.2%
(Source: Minnesota Department of Employment & Economic Development)

 

Click here for current and historical commercial and residential building permit information

Commercial & Residential Building Permits for Rochester, Minnesota - 2017
Permits: 2,665
Valuation: $524,691,279
(Source: City of Rochester, Building & Safety Department)

Contact us

Rochester Area Economic Development, Inc. (RAEDI) value proposition is the ability to assist businesses and entrepreneurs in securing the private and/or public resources needed to execute their business plans. RAEDI is pleased to assist you with your request.

Please call 507-288-0208, email info@raedi.com, or fill out the form below.