Providing the setting for “America’s City for Health,” Rochester is bustling with local culture and cuisine, community involvement, education and the arts. At One and Two Discovery Square, every day brings a perfect balance of work, collaboration, and incredible amenities at your fingertips. From a diverse range of dining options, including casual lunch favorites and upscale restaurants, to a variety of accommodation choices for traveling guests, everything you need is steps away.
Best Places to Live in the U.S.
2024, livability.com
Rochester’s housing expenses compared to the national average
2024, payscale.com
Average commute time for people in Rochester, MN
2022, datausa.io
Median household income in Rochester, MN
2022, datausa.io
Population of Rochester’s workforce in healthcare & social assistance
2022, Census Bureau
Steps Away from 1.5M+ SF of the World’s Leading Research and Clinical Labs
Rochester, Minnesota, home to the world-renowned Mayo Clinic, is a thriving hub of medical excellence. With a highly educated population of 218,000, it boasts an impressive concentration of healthcare professionals, including over 7,000 MDs and PhDs. The city’s Discovery Square district serves as a central hub for innovation, attracting researchers, entrepreneurs, and industry leaders, making Rochester an ideal location for healthcare partnerships and cutting-edge collaborations. Rochester is a global destination for health and wellness, serving more than 2 million patients a year.
65K
Workforce Population
2022 Census Bureau
#1
City for doing business in Minnesota
2023 Swyftfilings.com
#1
Health technology cluster for innovation
Medical Alley Innovation Report
2.26%
Year-over-year growth
Medical Alley Innovation Report
45
Two and four-year higher education institutes in the area
Minneapolis/St. Paul Area
Rochester
Mankato
Iowa
Wisconsin
Federally designated MedTech hub
Access to Mayo Clinic core services
Extremely high density of world class health care industry resources
Minnesota MedTech 3.0 (MMT3.0) is designated one of the America’s leading technology hubs in a national competition held by the U.S. Economic Development Administration.
Tax Exclusion on Future Gains
Permanent exclusion on tax on future gains if investment is held for ten years
Depreciation Recapture Tax Exclusion
Permanent exclusion of depreciation recapture tax if investment is held for ten years
Capital Gains Deferral
Deferral of eligible capital gains until December 31, 2026 – Bipartisan legislation may extend time frame
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5 Minute Drive to US-14
6 Minute Drive to US-52 and US-63
13 Minute Drive to I-90
14 Minute Drive to Rochester International Airport
75 Minute Drive to the Twin Cities
#1
Health technology cluster in the world mn.gov
#1
Best state for Health Care 2023 WalletHub
$1.57B
Secured by Medical Alley companies in 2023 mn.gov
7,407
Companies in Minnesota
$48.5B
State GDP Contribution (10.3%)
$3.8B
Exported Goods Trade Data Monitor
326,301
Sector Employees Lightcast 2023