GreatPlacesToRetire |
|
Rochester, Minnesota is one of the great places in the U.S. to live or retire. Find city facts on home sales prices, air quality, water quality, medical care, cost of living, taxes, weather and other demographics. | |
|
The interactive map below provides a birds-eye view of the city. See how home prices are trending over the past few years. Read a city profile and search homes for sale. Links in the data below provide a list of cities similar to Rochester in that particular data category. Check back often for home price updates.
Winter on the Mississippi near Rochester, Minnesota | See more photos!
© iStockPhoto.com/LawrenceSawyer |
Rochester Population | ||||
. | 1990 | 2000 | 2010 | 2016 (est.) |
Olmsted County | blank | blank | blank | 153,102 |
Rochester | 70,745 | 85,806 | 106,769 | 114,011 |
Rochester Home Sales Prices (new & existing homes) |
||||
. | Monthly Average | Annual Average | Yr-Over-Yr Change | |
2018 | . | $262,222 | na | |
Sep | $232,764 | . | . | |
Aug | $272,563 | . | . | |
Jul | $284,730 | . | . | |
Jun | $240,149 | . | . | |
May | $246,789 | . | . | |
Apr | $247,309 | . | . | |
Mar | $274,232 | . | . | |
Feb | $250,762 | . | . | |
2017 | . | na | na | |
2016 | . | na | na | |
2015 | . | na | na | |
2014 | . | na | na | |
2013 | . | na | na | |
2012 | . | $180,305 | na |
Home Sales Price to Big City Comparison (2018) |
||
. | Rochester | GPTR 99 City Avg |
Home Price | $262,222 | $419,000 |
Nearest Big City | Minneapolis-St Paul | na |
Home Sales Price in Minneapolis-St Paul | $275,000 | $340,000 |
Home Sales Price Bargain Index | 77% of Minneapolis-St Paul home prices | 101% |
Home Sales Price to Renting Comparison (2018) |
||
. | Rochester | GPTR 99 City Avg |
Home Price | $262,222 | $419,000 |
Monthly Rent | $1,146 | $1,495 |
Price/Rent Index | 15.4 times the annual rent | 19.0 |
Rochester Cost of Living (2018) |
|
88% | GPTR 99 City Average 109% |
Rochester Taxes (2018) |
|||||
blank | Tax Rate | Days Worked to Pay | State Rank | Tax Rate (99 City Avg) |
Days Worked to Pay (99 City Avg) |
State and Local Sales Tax | 7.4% | -- | 34* | 6.8% | -- |
Federal, State and Local Tax | -- | 117 days | 46* | -- | 113 days |
* State rank of 1 pays the lowest taxes |
Rochester Building Permits (single family homes) |
||
2016 | 403 | |
2015 | 359 | |
2014 | 352 | |
2013 | 323 | |
2012 | 300 | |
2011 | 195 | |
2010 | 200 |