- Sharper Management is a full-service management company serving Common Interest Communities (CIC's) and Home Owners Associations (HOA's), in the Minneapolis-St. Paul 7-county metro & Rochester. ... View full company profile
As of 2008, the rental vacancy rate in Rochester stood at 9%, relatively high compared to the rest of the country. There are about 77,068 housing units, averaging $171,700 in value, 21% of which are occupied by renters. The rent to price ratio in Rochester is 0.4%, slightly higher than the Minnesota average. For 19% of Rochester tenants, 30% or more of their income goes to paying rent.
Rochester has a population of 180,530, comprised of 71,653 households, with on average 2 members per household. Out of approximately 102,613 people in the civilian workforce, 99,166 (97%) were employed in 2008. 93% of the population 25 and older has earned a high school diploma, with 34% holding a 4 year college degree.