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According to statistics, the population in Rochester, MN amounts to 112,683, which shows growth 1% compared to the previous year. The median age of the city’s residents is 36. The average household income is $68,574, shifting growth 5% from the past year, and the average property value in Rochester, MN growth 5% to $176,100 throughout the year.
|Number Of Employees||59,717|
|Median Property Value||$176,100|
The average household income in Rochester, MN grew from $65,195 to $68,574 in the past year. This data is an estimate based upon 45,056 households in Rochester, MN . The chart below presents how household income is distributed in Rochester, MN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Rochester, MN shifted from $167,800 to $176,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Rochester, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Rochester, MN properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Rochester, MN compared to median property taxes around the country. The prevalent amount of property taxes in Rochester, MN equals $3000, which is less than the national average.