Living in Rosemount, MN

What's it like Living in Rosemount?

Rosemount, Minnesota is a moderately-sized city with a population of 24,792 residents. If we look at the most recent Census, Rosemount is known to have a predominantly White population. The next two most common races are Black and Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Rosemount is the right fit for you, your one way commute time will average 29 minutes, which is about average when compared to the national commute time of 26 minutes.

Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Rosemount could be a positive experience compared to other cities in Minnesota if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like amenities, crime, education and other key data points, finding the best places to live in Rosemount and in the areas around Rosemount is a much easier task.

Using data and statistics Rosemount has received a livability score of 87/100. This score is ranked in the 99th percentile when compared to all other cities. This is a terrific score, as Rosemount ranks well in multiple categories! The cherry on top is that Rosemount also ranks in the top 10 percent of all cities. If we consider each of the categories individually, we see that Rosemount ranks well for crime (A+), education (A) and housing (A+). There is at least one category that did not score well in Rosemount. The following was graded with a discouraging score: amenities (D) and cost of living (F).

Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Rosemount, it boasts a notably low violent crime rate of 47 crimes per 100,000 residents, which significantly outperforms the national average.

The unemployment rate in Rosemount has consistently declined over the years and currently stands well below the national average at 2.35%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Rosemount apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Rosemount is actually affordable. Median real estate prices in Rosemount come in at $295,800, which is 54.5% higher than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Rosemount, the home price to income ratio is 2.7, which is 10% lower than the Minnesota average.

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