Is Rosemount, Minnesota a Good Place To Live? - Living In Rosemount, MN

Is Rosemount, Minnesota a good place to live?
Rosemount is a city in Minnesota state in USA with a population of 24792 residents.. The poverty rate of Rosemount is 3.2%, which is 77% lower than national average. The typical household in Rosemount earns $110573 a year, compared to the national median of $67,500. Nearly 17.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Rosemount, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Rosemount remained 3%, which is 36% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Rosemount, only 48% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Rosemount is 113, which is 13% higher than national average. Median home value in Rosemount is $295800 , which is 29% higher than national average. While median income in Rosemount remained $110573, which is 64% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
24792
Unemployment
3%
36% NAT AVG.
Poverty
3.2%
77% NAT AVG.
Overall Score
9.5
Median Home Cost
$295800
29% NAT AVG.
Median Income
$110573
64% NAT AVG.
Median Rent
$1372
18% NAT AVG.
Cost Of Living
113
13% NAT AVG.
People Living BPL
1 in 31
Unemployed People
1 in 33
People Earning < $10,000
1 in 143
People Earning < $50,000
17.9%
People with <= High School
1 in 5
People With Any Degree
1 in 1.6
Pros & Cons Overview

Jobs90%

Housing85%

Affordability85%

Safety90%

Amenities80%

Diversity70%

Education90%

Commute50%