Rochester, MN median household income diversity
Based on our analysis of the distribution of Rochester population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 77.68% of the total residents in Rochester. Notably, the median household income for White households is $84,208.
Interestingly, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $102,024. This reveals that, while Whites may be the most numerous in Rochester, Two or More Races households experience greater economic prosperity in terms of median household income.
For a better visual representation of these income disparities, take a look at the bar chart below. It illustrates the varying median household incomes across races, providing a clear comparison for each of the racial categories defined by the U.S. Census Bureau.
In Rochester, a diversity of median household incomes is evident among households of different races. The Two or More Races households boast the highest median household income at about $102,024. White households have a median income of approximately $84,208. Asian households have a median income of approximately $79,540. Conversely, Some Other Race households reveal the lowest median income at $75,186. These disparities underscore the varied income distribution within the city of Rochester.
Rochester, MN median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Rochester, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Rochester.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Rochester, the median household income for the households where the householder is White increased by $4,508(5.66%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $79,700 in 2012 and $84,208 in 2022.
- Black or African American: In Rochester, the median household income for Black or African American households was $34,853 in 2012(2022 inflation-adjusted dollars). However there is no reported data for 2022, indicating a lack of information for this specific year.
- American Indian and Alaska Native: In Rochester, the median household income for American Indian and Alaska Native households was $3,201 in 2012(2022 inflation-adjusted dollars). However there is no reported data for 2022, indicating a lack of information for this specific year.
- Asian: In Rochester, the median household income for the households where the householder is Asian decreased by $17,862(18.34%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $97,402 in 2012 and $79,540 in 2022.
- Native Hawaiian and Other Pacific Islander: Even though there is a population where the householder is Native Hawaiian and Other Pacific Islander, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
- Some other race: In Rochester, the median household income for the households where the householder is Some other race increased by $887(1.19%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $74,299 in 2012 and $75,186 in 2022.
- Two or more races (multiracial): In Rochester, the median household income for the households where the householder is multiracial increased by $88,308(643.83%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $13,716 in 2012 and $102,024 in 2022.
- Above analysis reconfirms that there are 4 race households in Rochester. Households are categorized based on the self-identified race of the head of household.
Rochester median household income by race betwen 2012 and 2022
Explore the evolution of median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau. This table showcases the annual income trends, from 2012 to 2022, providing insights into the economic shifts within diverse racial communities.
| Race Of The Head Of Household | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| White | $77,489 | $85,931 | $79,700 | $78,037 | $84,873 | $80,829 | $85,917 | $93,411 | $89,634 | $92,468 | N/A | $86,077 | $84,208 |
| Black or African American | $32,045 | $50,245 | $34,853 | $33,526 | $35,526 | $31,620 | $29,520 | $37,283 | $36,471 | $38,964 | N/A | $49,100 | N/A |
| American Indian and Alaska Native | N/A | $326,895 | $3,201 | N/A | N/A | $82,381 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Asian | $78,971 | $86,397 | $97,402 | $111,630 | $77,591 | $120,592 | $99,880 | $115,610 | $60,181 | $78,074 | N/A | $102,967 | $79,540 |
| Some Other Race | $138,664 | N/A | $74,299 | $97,273 | N/A | N/A | N/A | $67,874 | $71,566 | N/A | N/A | N/A | $75,186 |
| Two or More Races | $95,866 | N/A | $13,716 | $69,374 | N/A | $120,206 | $69,529 | $96,317 | N/A | $65,614 | N/A | $53,726 | $102,024 |
Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $88,308. On the other hand, households where householder is Black or African American experienced a notable decline, with a decrease of $34,853 in median income.