Rosemount, MN
Population 26,509 · Minnesota
About Rosemount, MN
Rosemount is a mid-sized city located in Minnesota with a population of 26,509 residents according to the latest US Census Bureau American Community Survey data. The median household income is $127,247 per year, which is 69% above the national median of $75,149. The median age of 38.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Rosemount features a median home value of $406,100, which is 66% above the national median of $244,900. This places Rosemount in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,614, 39% above the national average of $1,163/month. Of the 9,797 total housing units, 87% are owner-occupied (8,266 units) and 13% are renter-occupied (1,281 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Rosemount shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Rosemount have an average one-way commute time of 28 minutes.
Education & Demographics
50.3% of Rosemount residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.7% White, 1.5% Hispanic or Latino, 0.7% Black or African American, and 1.5% Asian residents, with 7.1% of the population being foreign-born.
How Rosemount Ranks in Minnesota
Cost of Living in Rosemount, MN
Compared to national averages, Rosemount has a median household income of $127,247 (69% above the national median of $75,149). Home values average $406,100, which is 66% above the national median. Monthly rent at $1,614 is 39% above the US average of $1,163. Within Minnesota, Rosemount's income is 71% above the state average of $74,221, and home values are 99% above the state median of $204,472.
Why Live in Rosemount, MN?
Rosemount offers a strong local economy with a median household income of $127,247, well above the national average, and a strong job market with an unemployment rate of just 3.2%, and a well-educated community where 50.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $406,100. However, Rosemount’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rosemount has a population of 26,509 with a median age of 38.7 years. Compare Rosemount with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Rosemount
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Owatonna | 26,462 | $81,276 | $234,600 | Compare |
| Elk River | 26,367 | $99,457 | $338,300 | Compare |
| Shoreview | 26,724 | $109,399 | $365,100 | Compare |
| Austin | 26,167 | $66,488 | $155,100 | Compare |
| Chanhassen | 26,001 | $138,034 | $530,700 | Compare |
| Winona | 25,998 | $56,163 | $193,500 | Compare |
| Prior Lake | 27,832 | $130,278 | $429,900 | Compare |
| Ramsey | 28,070 | $112,060 | $345,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Rosemount With Other Cities
Frequently Asked Questions about Rosemount
What is the population of Rosemount, MN?
The population of Rosemount, MN is 26,509 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Minnesota.
What is the median household income in Rosemount?
The median household income in Rosemount, MN is $127,247 per year, which is 69% above the national median of $75,149.
What is the median home value in Rosemount?
The median home value in Rosemount, MN is $406,100, which is 66% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rosemount?
The median monthly rent in Rosemount, MN is $1,614, which is 39% above the national average of $1,163/month.
What is the unemployment rate in Rosemount?
The unemployment rate in Rosemount, MN is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Rosemount, MN a good place to live?
Rosemount offers above-average incomes, a competitive housing market, and a strong job market. With a population of 26,509 and a median age of 38.7, the city appeals to a broad range of residents.
How educated is Rosemount, MN?
50.3% of residents in Rosemount aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Rosemount?
Key cost-of-living indicators for Rosemount, MN: median home value is $406,100 (66% above national), median rent is $1,614/month, and median household income is $127,247. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Rosemount?
The poverty rate in Rosemount, MN is 2.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Rosemount, MN?
Rosemount's population is 1.7% White, 1.5% Hispanic or Latino, 0.7% Black or African American, 1.5% Asian, and 3.6% two or more races. 7.1% of residents are foreign-born.