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FRC Employer Affordability Report Β· May 2026

Mayo Clinic
Rochester, MN

"Mayo Clinic pays $92K in Rochester, MN. Workers can actually afford to live there."
🚨 Housing Affordability Score
68%
of homes within 30 minutes of Mayo Clinic's Rochester campus are affordable on the median employee salary of $92,000/yr.
Median Employee Salary
$92,000/yr
Median Home Price β€” Rochester
$285,000
Monthly PITI (20% down)
$1,471/mo
Income Required
$49,033/yr needed
πŸ“ Nearest Affordable ZIP Code
Rochester, MN
0 miles from Mayo Clinic campus Β· ZIP 55901
πŸ“Š FRC Corporate Affordability Index (CAI) β€” May 2026

As of May 2026, the FRC Corporate-CAI for a Healthcare Worker at this employer stands at 72% β€” meaning 28% of local housing inventory is mathematically out of reach based on standardized underwriting at $92,000 median salary. Source: FinanceRateCalc.com Corporate-CAI, BLS OEWS, Zillow ZHVI.

The Reality

Rochester is the counterexample. A Mayo Clinic employee earning the median $92,000 can afford 68% of homes within the city β€” a stark contrast to coastal healthcare markets.

Mayo Clinic's Rochester, MN campus employs 40,000+ people in a city of 125,000. The employer-to-housing ratio is unusually favorable, and home prices have remained grounded relative to salaries. This is what 'employer-community alignment' looks like β€” and it's increasingly rare in American cities.

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Data Disclaimer: Salary data is programmatically aggregated from the U.S. Bureau of Labor Statistics (BLS) and public employer disclosures. Housing affordability metrics are estimates based on FRC proprietary algorithms and current market rates. This analysis is for informational and educational purposes only, and does not constitute financial advice, official endorsement, employment verification, or any affiliation with the named entities. All company names and trademarks are property of their respective owners. FinanceRateCalc.com is an independent financial education platform with no commercial relationship with any employer mentioned.

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