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Rosemount

Learn about the people, housing, costs and businesses in Rosemount, Minnesota

Median Home$431,100
Median Rent$1,647/month
Population27,562
Leading IndustriesArts, Food & Hospitality · Transportation · Professional Services9% arts, food & hospitality
Home Value Growth+8.2% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners87% of occupied units
NotableHighly Educated33% bachelor's · 13% graduate · top 5% nationally
NotableHigh Incomes$136k/year · top 6% nationally
Rosemount
MN

Frequently Asked Questions

What are today's mortgage rates in Rosemount?

As of today, the 30-year fixed mortgage rate for Rosemount is approximately 6.882% (6.918% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Rosemount?

The median home value in Rosemount is $431k. The median monthly rent is $1,647. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rosemount?

Home values in Rosemount have increased 8.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Rosemount?

Based on a typical all-in ownership cost of $1,911/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $82k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rosemount is $136k/year.

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What industries drive the economy in Rosemount?

The largest employment sectors in Rosemount are public administration (24%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.