Is $40k a good salary in Rochester, MN?
tight A $40k salary is 56% below the median household income here ($91,882). After tax you take home about $2,633 a month, and median rent ($1,276) takes 48% of that.
$31,600 take-home a year
| Gross pay | $40,000 |
| Federal income tax | −$2,620 |
| Social Security + Medicare | −$3,060 |
| Minnesota income tax (approx.) | −$2,720 |
| Monthly take-home | $2,633 |
| Every two weeks | $1,215 |
$44,043What $40k buys in Rochester, MN, expressed in average-US prices (price level 90.8).
48%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.
Jobs that pay about $40k in Rochester, MN
- Home Health and Personal Care Aides $39,270
- Retail Salespersons $36,000
- Stockers and Order Fillers $36,170
- Teaching Assistants, Except Postsecondary $41,250
- Cooks, Restaurant $38,150
Other salaries in Rochester, MN
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- Is $200k good?
Median household income and rent: Census 2024 ACS 5-year. Household income covers all earners, so compare with care if you live alone. Take-home is an estimate for a single filer.