Cost of Living in Rosemount, MN
Population 27,562 · Census ACS 2020–2024 5-year estimates
The median rent in Rosemount, MN is $1,640/month, 28% higher than the Minnesota median and 16% higher than the U.S. median. The median home value is $424,100, 27% higher than the national median. Households earn a median of $129,625 a year, 46% higher than the state median.
Affordability
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Rosemount vs. Minnesota vs. U.S.
| Rosemount | Minnesota | U.S. | |
|---|---|---|---|
| Median rent | $1,640 | $1,280 | $1,413 |
| Median home value | $424,100 | $329,300 | $332,700 |
| Median household income | $129,625 | $89,062 | $80,734 |
| Homeownership rate | 87.4% | 72.2% | 65.2% |
| Bachelor's degree or higher | 51.6% | 39.4% | 35.7% |
| Poverty rate | 3.0% | 9.3% | 12.5% |
| Unemployment rate | 3.5% | 4.1% | 5.2% |
| Work from home | 25.1% | 17.6% | 15.1% |
| Median age | 38.9 | 38.8 | 38.9 |
FAQ
What is the average rent in Rosemount, MN?
The median gross rent in Rosemount, MN is $1,640 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Rosemount, MN?
Using the common 30% rule, renting a median-priced home takes about $65,600 a year in gross income.
Is Rosemount, MN expensive to live in?
Rent there is 16% higher than the U.S. median, and the median home costs about 3.3 times the median household income.
Other cities in Minnesota
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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