Rochester is a city founded in 1854 in the U.S. State of Minnesota and is the county seat of Olmsted County located on the Zumbro River's south fork in Southeast Minnesota. It is Minnesota's third-largest city and the largest city located outside the Minneapolis-St. Paul Metropolitan Statistical Area. As of 2015, the Rochester metropolitan area has a population of 215,884. According to the 2010 United States Census the city has a population of 106,769. The U.S. Census Bureau estimated that the 2016 population was 114,011. It is the home of the Mayo Clinic and formerly, one of IBM's largest facilities. The city has long been rated as one of the best places to live in the United States by multiple publications such as Money and is one of the most educated cities in the world.