Rochester, Michigan Median Income

Rochester, Michigan has a population of 13,400, with a median household income of $68,200.

Current median income data for Rochester.

$68,200

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Population

13,400

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Median Income

$68,200

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Unemployment

5.10%

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Housing Price

$266,000

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Crime Rate

4.70

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Internet Speed

226.00 Mbps

Rochester is a small local community located in Michigan. The city has a population that is above the average city population in Michigan, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Rochester is a notable city in Michigan, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Rochester has a population of 13,400, which is higher than the state average. This indicates a relatively larger urban presence within Michigan.

Income and Economy

The median household income in Rochester is $68,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Rochester average around $266,000, which is relatively high compared to other cities in Michigan.

Employment and Safety

The unemployment rate in Rochester is 5.10%, which is lower than the state average, indicating a relatively strong job market. Rochester has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Michigan, Rochester shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Rochester offers a balanced mix of economic conditions, population trends, and housing opportunities within Michigan.

Frequently Asked Questions about Rochester

What is the population of Rochester?

The population of Rochester is approximately 13,400.

Is Rochester a good place to live?

Rochester offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Rochester?

The median household income in Rochester is around $68,200.

How expensive is housing in Rochester?

The average housing price in Rochester is approximately $266,000.