Rosemount is located in Dakota County, a southeastern suburb in the Minneapolis / St. Paul metropolitan area, with a population of almost 23,000. It is a pro-growth community with plenty of land available for new construction. In the last decade Rosemount’s population grew by 50% and is projected to increase by another 90% to 42,000 by the year 2030.
Rosemount has a high median income relative to the state average, a highly educated workforce with 39% of its residents holding college degrees, and the second highest median house value compared to all cities in Dakota County. The City Council has prioritized its work to include assisting redevelopment of the historic Downtown, business employment growth, and installation of infrastructure to attract new development.
In 2021, Rosemount landed in Money magazine's Best Places to Live in the United States for the second time. CNBC picked Minnesota as 2015's top state for business. And in 2015, Money magazine named the City the 12th Best Place to Live and 4th Best Place to be a Kid. Rosemount builds on those opportunities to meet the needs of growing companies.
- The Rosemount Business Park is designated a "Shovel-Ready Site” by the State of Minnesota, one of only 15 in the state.
- Education attainment levels in Rosemount are high with 39% of residents having college degrees and 97% having high school diplomas.
- The City has an economic development partnership with the University of Minnesota, highlighting the UMore property and its future sustainable Business Park. UMore Park is 5,000 acres of landholdings of the University of Minnesota that currently is used for agricultural research but is scheduled to become a new town with up to 30,000 new residents and over 500 acres of business and commercial ventures.
- Businesses can obtain customized training program with a local partner, Dakota County Technical College, as part of Minnesota’s state college system.
- The community is young, with 31% of the population under 18 years of age. More than half the City is under 40 years of age.
- The median income of Rosemount households is 48% greater than the state and 29% greater than the region at $85,660.
- The City opened 1,100 acres with sewer and water available to allow residential development.
- The City, in partnership with the county and through use of federal stimulus funds, has provided the major collector in the expansion area for a fraction of the total cost to property owners.
- Rosemount schools, Independent School District (ISD) 196, have consistently scored above statewide mandated tests and recent results are 9 percentage points above the state average.
- The City has over 250 commercial ventures providing a myriad of services to our residents.