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Rochester, Minnesota Retirement Guide
established retirement community
48
Retirement Score
Rochester, Minnesota at a Glance
- Median Home Price
- $273,900
- State Income Tax
- State income tax; Social Security and retirement income have income-based partial exemptions.
- Avg January Low
- 20.7°F
- Cost of Living Index
- 97.5 (US avg = 100)
- Best For
- established retirement community
- RetireCityIQ Score
- 48 / 100
Retirement Data
Affordability
Cost of Living Index
97.5 (U.S. avg = 100)Medium confidence
BEA Regional Price Parities · Updated March 2026
Median Home Price
$273,900High confidence
U.S. Census ACS 1-Year · Updated April 2026
Median Monthly Rent
$1,240High confidence
U.S. Census ACS 1-Year · Updated April 2026
Taxes
Retirement Tax Score
30 / 100Medium confidence
Tax Foundation · Updated March 2026
Tax Details
State income tax; Social Security and retirement income have income-based partial exemptions.Medium confidence
Tax Foundation · Updated March 2026
Retiree Readiness (Sprint 2)
Care Access Score (proxy)
29.2 / 100High confidence
RetireCityIQ proxy model · Updated April 2026
Aging-in-Place Score (proxy)
60.4 / 100High confidence
RetireCityIQ proxy model · Updated April 2026
Healthcare
Healthcare Access Score
29.2 / 100Medium confidence
CMS Hospital General Information · Updated March 2026
Climate
Avg July High
80.9°FMedium confidence
Open-Meteo Historical Weather (ERA5) · Updated March 2026
Avg January Low
20.7°FMedium confidence
Open-Meteo Historical Weather (ERA5) · Updated March 2026
Annual Precipitation
45.6"Medium confidence
Open-Meteo Historical Weather (ERA5) · Updated March 2026
Sunny Days / Year
241 daysMedium confidence
Open-Meteo Historical Weather (ERA5) · Updated March 2026
Safety
Safety Score
100 / 100Medium confidence
FBI Crime Data Explorer · Updated March 2026
Walkability
Walk Score (proxy)
40.3 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated March 2026
Transit Score (proxy)
15.4 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated March 2026
Demographics
Population
120,848High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Age
36.3High confidence
U.S. Census ACS 5-Year · Updated April 2026
Age 65+
15.7%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Household Income
$83,973High confidence
U.S. Census ACS 5-Year · Updated April 2026
Community Profile
Owner-Occupied Housing
65.5%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Veterans
6.0%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Bachelor's Degree+
49.1%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Poverty Rate
9.1%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Diversity
White
76.3%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Black
9.2%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Hispanic/Latino
5.9%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Asian
7.8%High confidence
U.S. Census ACS 5-Year · Updated April 2026
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in Rochester using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$593
Stress-case monthly carrying cost
$666
Median home price used: $273,900
Median rent reference: $1,240 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.