Rosemount Homes & Real Estate

ROSEMOUNT REAL ESTATE

Rosemount 

Rosemount may be a small city of only 36 square miles but it has all the ingredients of a bustling city including a developed agriculture, budding industrial development and a growing community. It is located near the Twin Cities area which makes it an ideal place to live in and earn a living. 

Rosemount, which was incorporated in 1972, was named after a village in Ireland by its two founders, Hugh Derham and Andrew Keegan. 

Population Profile 

While not the smallest Minnesota city population-wise, Rosemount’s 14,619 residents as of the 2000 census is still fairly small compared to the other big cities in the Twin Cities area. Majority or 92.78% of its population are Whites, followed by Asians (2.13%) and African Americans (2.03%). Hispanics and Latinos as well as other races make up the rest of the population. 

Those moving in to Rosemount for corporate or professional relocation should take note that majority or 70.1% of the 4,742 households in the city consist of married couples. Thus, the chance of finding a suitable lifetime partner from this city is a little remote. The residents are fairly young with an average age of 31 years. 

Considering the existence of highly industrialized businesses in Rosemount, its per capita income is not so high at $23,116. The $68,929 average income for a family and $65,916 for a household is however high. Of the total families living in the city, only 2.2% live below the poverty line. 

History 

Members of the Santee Sioux tribe, particularly the Lower band Mdewakanton, were the original inhabitants of Rosemount. However, the land was turned over to the government in 1851 by virtue of a treaty signed by Indian leader Chief Little Crow. 

The Irish have a great influence on Rosemount not only in terms of its name. Take a look at the following: 
• A closer look at the flag of the Rosemount City will show a shamrock on it. 
• The residents celebrate their Irish heritage every year through the Leprechaun Days celebration in July. 
• Residents have Irish names like Duffy, McDonough, Neary, Corrigan. 

One of the first hotels in Rosemount is the Prairie House Hotel which was opened in 1855. This was followed by the Rosemount House in 1859. The growth and development of Rosemount’s business area however started in the late 1860s with the opening of the city’s first general store in 1868, the first shoe store in 1869, the first blacksmith shop in 1872 and the first hardware store in 1873. 

Business 

Although Rosemount is a small community, its easy accessibility to the cities of St. Paul and Minneapolis makes it an ideal place for business. Business is bustling in the city and is expected to grow in the next few years and this is evident with the reservation of over 500 acres of land for commercial and industrial development. 

Despite Rosemount’s size, it is amazing to note that heavy industry makes up one third of the eastern part of the city. Among the businesses that are located in this part of Rosemount includes a facility for waste containment (SKB), Flint Hills Resources, Continental Nitrogen and Spectro Alloys. The city’s 80-acre business park is also home to Webb Business Promotions, Geometrix and Cannon Equipment. 

America’s 14th largest oil refinery, Pine Bend Refinery, is located in Rosemount. It was also the location of Gopher Ordnance Works, a gunpowder plant which was in operation during the 1940s. The ammunition plant sat on 13,000 acres of land which displaced 90 families but which provided employment to 20,000 people. 

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New Listings

Featured picture for the property 5280883
$195,900
Rosemount, MN
2
beds
2
baths
Listing courtesy of Coldwell Banker Burnet
Featured picture for the property 5277927
$599,825
Rosemount, MN
5
beds
4
baths
Listing courtesy of Lennar Sales Corp
Featured picture for the property 5280503
$339,900
Rosemount, MN
2
beds
2
baths
Listing courtesy of Joe Sorenson Realty
Featured picture for the property 5279718
$309,900
Rosemount, MN
3
beds
3
baths
Listing courtesy of RE/MAX Advantage Plus
Featured picture for the property 5279963
$265,000
Lakeville, MN
3
beds
2
baths
Listing courtesy of National Realty Guild
Minnesota
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Today's Market Trends for Rosemount Homes & Real Estate *

$405,600

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$160

0.01%

115

0.05%

July

June

 

110

117

 

 

-0.06%

-0.03%

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* All data pertains to single-family homes