HomeMinnesotaOlmsted CountyRochester
Rochester, Minnesota: commercial real estate data.
Rochester is a Census city of 122,330 people across 56.67 square miles of land, in Olmsted County. Median household income is $89,389, 65.1 percent of occupied homes are owned, and the SBA record carries 96 7(a) approvals to borrowers here worth $60.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Rochester
What Rochester is
- Census place typecity
- Land area56.67 sq mi
- Water area0.34 sq mi
- Population per square mile of land2,159
- County holding the largest share of its areaOlmsted County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rochester
How many people live in Rochester
- Population122,330
- Median age36.3
- Population under 1828,482
- Share under 1823.3 percent
- Population 65 and over19,980
- Share 65 and over16.3 percent
- Households51,131
- Family households29,437
- Share of households that are families57.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rochester
Income and work in Rochester
- Median household income$89,389
- Per capita income$52,671
- Civilian labor force68,144
- Employed65,603
- Unemployed2,541
- Unemployment rate3.7 percent
- Adults 25 and over83,224
- Adults 25 and over with a high school diploma or higher94.7 percent
- Adults 25 and over with a bachelor degree or higher50.9 percent
- Adults 25 and over with a graduate degree22.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rochester
Housing in Rochester
- Housing units54,492
- Occupied units51,131
- Vacant units3,361
- Vacancy rate6.2 percent
- Owner occupied33,270
- Renter occupied17,861
- Ownership rate65.1 percent
- Median owner-occupied home value$310,500
- Median gross rent, monthly$1,399
- Annual rent as a share of median income18.8 percent
- Single family units36,701
- Share single family67.4 percent
- Units in buildings of two or more16,865
- Share in buildings of two or more30.9 percent
- Mobile homes845 plus or minus 256
- Median year structure built1989
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rochester
How Rochester gets to work
- Workers 16 and over who commute54,862
- Commuting under 15 minutes25,905
- Share commuting under 15 minutes47.2 percent
- Commuting 30 minutes or more7,064
- Share commuting 30 minutes or more12.9 percent
- Drove alone64.8 percent
- Carpooled10.2 percent
- Public transport3.7 percent
- Walked4.5 percent
- Worked from home14.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rochester
SBA loans in Rochester (7(a))
- Approvals96
- Gross approval$60,274,700
- Average approval$627,861
- Median approval$336,900
- Ninetieth percentile approval$1,634,650
- Largest approval$4,150,000
- Jobs supported1,673
- Jobs per approval17.4
- Loans with a final outcome30
- Paid in full24
- Charged off6
- Charge-off rate over resolved loans20.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more9.4 percent
- Share to franchises17.7 percent
- Distinct lenders34
- Distinct industries by NAICS52
Counted by borrower city: approvals to borrowers whose address is in Rochester, in any county, FY2020 to FY2026.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Rochester
SBA loans in Rochester (504)
- Approvals70
- Gross approval$47,952,000
- Average approval$685,029
- Median approval$473,000
- Largest approval$2,746,000
- Jobs supported663
- Loans with a final outcome23
- Charged off0
- Median term240 months
- Distinct CDCs6
Counted by borrower city: approvals to borrowers whose address is in Rochester, in any county, FY2010 to FY2026. Only 23 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Rochester
Flood risk in Rochester
- NFIP communityCity of Rochester
- NFIP community number275246
- Participating in the NFIPYes
- Community Rating System classClass 10
- Currently effective map date06/10/26
The City of Rochester participates in the National Flood Insurance Program as community 275246 and carries Community Rating System class 10, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Olmsted County, not Rochester
Olmsted County context, not Rochester figures
- Establishments in Olmsted County3,754
- Covered employment, Olmsted County103,905
- Average annual pay, Olmsted County$79,579
- Housing units permitted, Olmsted County1,239
Every figure in this section is published for Olmsted County as a whole and is not a measurement of Rochester.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Rochester questions, answered from the record.
How many people live in Rochester, Minnesota?
122,330, in 51,131 households. Rochester city covers 56.67 square miles of land, which is 2,159 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Rochester in?
Olmsted County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Rochester?
$89,389. The median owner-occupied home is valued at $310,500. Median gross rent is $1,399 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Rochester businesses?
96 7(a) approvals totaling $60.3 m since FY2020, across 34 lenders, median approval $336,900, plus 70 504 approvals worth $48.0 m since FY2010. These count approvals to borrowers whose address is in Rochester, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Rochester borrowers get paid back?
Of the 30 loans that have reached a final outcome, 24 were paid in full and 6 charged off, a charge off rate of 20.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Rochester in the National Flood Insurance Program?
Yes. Rochester appears in the FEMA Community Status Book as Rochester, city of, community 275246, carrying Community Rating System class 10, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Rochester figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Olmsted County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Rochester.
Is zoning published for Rochester?
No. Nothing on this page presents parcel level zoning.
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