Rochester, MN
122,330Residents
$89,389Median household income
$1,399/moMedian gross rent
$310,500Median home value
36.3Median age
51%Adults with a bachelor’s degree or higher
65%Homes lived in by their owners
3.5×Home value to household income
Median rent takes about 19% of the median household income in Rochester.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $56,000 a year. In Minnesota that leaves roughly $3,614 a month after tax. See the full paycheck breakdown for $55,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.