Official Federal Data
Olmsted County, Minnesota
FIPS 27109 · Rochester, MN · Population 164,498
9 Sources
Updated June 22, 2026
$95,406 ▲
Median Income
$80,734 national
3.1% ▲
Unemployment
4% national
$15.7B ▲
GDP
49.4% ▲
Bachelor's+
35.7% national
Demographics & Population
Census Bureau American Community Survey 2020-2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$95,406 ▲
Per Capita
$54,393 ▲
Mean Household
$132,916 ▲
Poverty Rate
7.5% ▼
Median Income Comparison
Olmsted County$95,406
Minnesota$89,062
National$80,734
Population Profile
Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 23.9%
18-34 · 22.2%
35-54 · 25.1%
55-64 · 12.1%
65+ · 16.7%
Race & Ethnicity
Hispanic or Latino is an ethnic category and overlaps with the race categories above.
Educational Attainment
Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
95.1%
High School+
National: 89.6%
▲ +5.5 pts
49.4%
Bachelor's+
National: 35.7%
▲ +13.7 pts
21.5%
Graduate+
National: 14.1%
▲ +7.4 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
164,498
Population
90,623
Labor Force
Employed
87,337
Unemployment Rate BLS LAUS 2025 annual
3.1% ▲ +0.7 pts YoY
Mean Commute 8 min below national avg
18.7 min
Work From Home vs 15.1% national
15.4%
Key Takeaways
- Income premium: Households earn well above the national median, supporting strong retail and housing markets.
- Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 13.7 pts, supports knowledge-economy and tech attraction.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Health Care and Social Assistance employs 50,861 workers (56.1% of tracked sectors), at an average wage of $104,512.
- Economic scale: Regional GDP of $15.7B (2024).
- Wage stratification: Manufacturing averages $122,462 while Accommodation and Food Services averages $28,881, a 4.2x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Cluster Depth
Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Health Care & Social Assistance Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
31,549
Cluster Employment
5.18x
Peak LQ
Concentrated Sub-Sectors
Ambulatory Health Care Services
5.18x 31,549
Transit and Ground Passenger Transportation
2.11x 806
Furniture and Related Product Manufacturing
2.06x 464
Attraction Opportunities
LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.18x
Crop Production
64 employed
0.18x
Support Activities for Transportation
99 employed
0.18x
Insurance Carriers and Related Activities
310 employed
0.21x
Publishing Industries and Telecommunications
125 employed
Key Takeaways
- Top specialization: Ambulatory Health Care Services concentrates at 5.18x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
- Cluster depth: 3 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
- Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$331,700 ▲
Median Home Value vs 2019
$1,370 ▲
Rent/Mo
70.6% ▼
Owner-Occ
5.9% ▲
Vacancy
3.5x
Home Value to Income Ratio
vs. ~4.1x national average
HUD Fair Market Rents
Source: HUD · Fair Market Rents FY2026
Studio
$1,112/mo
1 Bedroom
$1,189/mo
2 Bedroom
$1,407/mo
3 Bedroom
$1,957/mo
4 Bedroom
$2,360/mo
30% of monthly median household income (~$2,385/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- In line with national: Home value to income ratio of 3.5x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
- High home ownership: 70.6% owner-occupied; rental supply may be tight for incoming workers.
- Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,385/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
97,737 ▲
Working Age (18-64) vs 2019
Mean Commute 8 min below national avg
18.7 min
Work From Home vs 15.1% national
15.4%
Prime-Age Employed (25-54)
87.4%
of prime-age population
▼ vs 2019
Education & Talent Pipeline
Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
49.4% ▲
HS Diploma+
95.1% ▲
Regional / Statewide Institutions
Total credentials awarded
49,702/yr
14,847/yr
13,676/yr
12,870/yr
3,728/yr
2,468/yr
2,113/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
20.4%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.
Workforce by Occupation
Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
55%
Service
14.1%
Sales & Office
16.5%
Construction / Maint.
5.8%
Production / Transport
8.5%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 87,337 employed workers.
Key Takeaways
- Short commutes: 18.7-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
- Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 41,393 annual credentials.
Source: ACS workforce data and College Scorecard.
AI Insights
AI-assisted analysis, drawn from 9 federal data sources
Sample AI Insight
Olmsted County shows strong potential for ambulatory health care services attraction, with a 5.18x concentration and 31,549 jobs in this sub-sector. It ranks in the top decile nationally.
The interconnected base across ambulatory health care services, transit and ground passenger transportation, and furniture and related product manufacturing creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.
Industry Shift Analysis
Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100
Prospect Match Scores
Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
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Data Sources
Updated from official federal government data.
Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23
Frequently Asked Questions
Key economic and demographic figures for Olmsted County, Minnesota, from federal data sources.
What is the population of Olmsted County, Minnesota?
164,498 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Olmsted County, Minnesota?
$95,406 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Olmsted County, Minnesota?
3.1% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Olmsted County, Minnesota?
$15.7B (U.S. Bureau of Economic Analysis, CAGDP1).
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