Located in the state of Minnesota, Rosemount is a moderately-sized city with a population of 23,099 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (86% White). Given that fact, Rosemount could be considered less diverse than other cities. If you are looking for a family friendly city, Rosemount might be a good fit as 83% of the population over 15 years old are married, and 49% have kids who are 18 years old or younger.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Rosemount, Minnesota could be a positive experience for anyone who puts in the time to do the research required. Using the livability score which includes data from categories like amenities, crime, weather, education, you can easily compare the best places to live in Rosemount and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Rosemount to Minnesota and the national average.
Rosemount, MN receives 77 out of 100 for its livability score; this results in a ranking of #68 in Minnesota and #3,459 in the USA. This is a terrific score, as Rosemount ranks well in multiple categories! For each of the livability categories, we can establish that Rosemount ranks very well for amenities (A), crime (A+), education (B-), employment (B) and housing (B). On a more negative note, Rosemount does not have favorable ranks for the following: cost of living (F) and weather (F). If we take a look at the data, we can find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Rosemount has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and the overall sense of community. Rosemount has a violent crime rate of 58 crimes per 100,000 residents which is far lower than the national average.
For buyers, real estate will be the largest purchase they 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.
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 available, most people will need to know if the real estate in Rosemount is actually affordable. Median real estate prices in Rosemount come in at $240,300, which is 25.5% 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 2.6, which is 13.3% lower than the Minnesota average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Rosemount area were 6% and 5 year appreciation rates were 5.9%.