Faribault, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Faribault, MN: Quick Facts & Overview
- Population: 24,631 residents (605 people per sq. mi.)
- Average House Price: $242,628
- Average Household Income: $61,449
Faribault, MN is located in the state of Minnesota. It is home to about 24,631 people, with around 605 residents living in every square mile.
If you want to buy a house in Faribault, the average price is around $242,628. That makes local housing 7% lower than the Minnesota average of $260,056, and 21% lower than the national average of $308,592.
The average household in Faribault earns about $61,449 a year. This income is 25% lower than the average family in Minnesota ($82,068), and 22% lower than the national average ($78,686).
Population
24,631
Median Household Income
$61,449
Median Home Value
$242,628
Median Age
38.7 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $36,804 |
| Labor Force Participation | 58.7% |
| Unemployment Rate | 5.4% |
| Average Commute Time | 19.0 mins |
Housing & Community Metrics
| Home Ownership Rate | 66.1% |
| Median Rent | $1,074 |
| Rent Burdened (>30% Income) | 37.1% |
| Total Housing Units | 8,938 |
Additional Census & Housing Profile
Geographic Overview
| County | Rice |
| County FIPS | 27131 |
| Metro Area (CBSA) | Faribault-Northfield, MN |
| Combined Area (CSA) | Minneapolis-St. Paul, MN-WI |
| Population Density | 605.4/sq mi |
| Coordinates (lat/lng) | 44.2996, -93.2789 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 3.30 |
| Dual Income Families | 57.3% |
Marital Status
| Married | 37.2% |
| Never Married | 40.4% |
| Divorced | 16.4% |
| Widowed | 6.0% |
Gender
| Male | 55.2% |
| Female | 44.8% |
Health & Poverty
| Uninsured Rate (Health) | 7.5% |
| Poverty Rate | 16.4% |
Key Population Groups
| Veterans | 6.7% |
| Disabled Population | 13.2% |
| Limited English Proficiency | 10.5% |
All ZIP Codes in Faribault
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 55021 | 30,908 | $68,820 | $279,141 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Warsaw, MN | 5.7 miles | 560 |
| Medford, MN | 9.2 miles | 1,257 |
| Dundas, MN | 9.6 miles | 1,916 |
| Morristown, MN | 9.7 miles | 1,265 |
| Nerstrand, MN | 11 miles | 215 |
| Northfield, MN | 12 miles | 20,742 |
| Lonsdale, MN | 14.2 miles | 4,896 |
| Dennison, MN | 14.4 miles | 223 |
| Owatonna, MN | 14.6 miles | 26,498 |
| Kenyon, MN | 14.6 miles | 1,824 |
| Kilkenny, MN | 14.6 miles | 125 |
| Waterville, MN | 15.5 miles | 1,947 |
| Montgomery, MN | 17.9 miles | 3,434 |
| Waseca, MN | 18.6 miles | 9,164 |
| Elko New Market, MN | 18.7 miles | 5,002 |
| Randolph, MN | 20.2 miles | 461 |
| Elysian, MN | 20.7 miles | 676 |
| West Concord, MN | 21.3 miles | 843 |
| Heidelberg, MN | 21.8 miles | 235 |
| New Prague, MN | 22.4 miles | 8,237 |
| Claremont, MN | 22.5 miles | 502 |
| Le Center, MN | 23.1 miles | 2,513 |
| Cannon Falls, MN | 23.7 miles | 4,227 |
| Wanamingo, MN | 24.3 miles | 1,389 |
| Janesville, MN | 24.7 miles | 2,378 |
| Farmington, MN | 25.3 miles | 23,902 |
| Hampton, MN | 25.3 miles | 590 |
| Lakeville, MN | 26.1 miles | 74,354 |
| Credit River, MN | 26.4 miles | 5,551 |
| Madison Lake, MN | 27.4 miles | 1,322 |
| Cleveland, MN | 27.6 miles | 563 |
| Empire, MN | 28 miles | 3,092 |
| Dodge Center, MN | 28.3 miles | 2,880 |
| Ellendale, MN | 29.5 miles | 754 |
| Zumbrota, MN | 29.9 miles | 3,914 |
| New Richland, MN | 30 miles | 1,184 |
| Vermillion, MN | 30.1 miles | 399 |
| Prior Lake, MN | 30.4 miles | 28,016 |
| Mantorville, MN | 30.6 miles | 1,047 |
| Jordan, MN | 30.7 miles | 6,771 |
| Miesville, MN | 30.7 miles | 125 |
| Apple Valley, MN | 31.1 miles | 55,679 |
| Coates, MN | 31.2 miles | 131 |
| Eagle Lake, MN | 31.3 miles | 3,281 |
| Savage, MN | 31.7 miles | 32,889 |
| Blooming Prairie, MN | 31.8 miles | 1,843 |
| Burnsville, MN | 32.1 miles | 64,463 |
| Kasson, MN | 32.1 miles | 7,050 |
| Pemberton, MN | 32.1 miles | 223 |
| St. Clair, MN | 32.4 miles | 710 |
| Belle Plaine, MN | 32.5 miles | 7,423 |
| Rosemount, MN | 32.6 miles | 27,562 |
| Waldorf, MN | 32.7 miles | 171 |
| Geneva, MN | 32.9 miles | 387 |
| Le Sueur, MN | 33 miles | 4,215 |
| Goodhue, MN | 33 miles | 1,074 |
| Pine Island, MN | 33.5 miles | 3,580 |
| St. Peter, MN | 34 miles | 12,185 |
| Kasota, MN | 34.1 miles | 554 |
| Shakopee, MN | 34.2 miles | 46,012 |
| Henderson, MN | 34.9 miles | 875 |
| Hayfield, MN | 35.5 miles | 1,395 |
| Mankato, MN | 35.7 miles | 45,473 |
| Hartland, MN | 35.7 miles | 422 |
| Eagan, MN | 36.2 miles | 68,000 |
| Byron, MN | 36.4 miles | 6,646 |
| Hastings, MN | 36.5 miles | 22,117 |
| Mazeppa, MN | 36.6 miles | 1,004 |
| Bloomington, MN | 36.7 miles | 88,665 |
| Carver, MN | 37.1 miles | 6,239 |
| Clarks Grove, MN | 37.2 miles | 636 |
| Hollandale, MN | 37.5 miles | 340 |
| Oronoco, MN | 37.8 miles | 1,679 |
| Inver Grove Heights, MN | 37.9 miles | 35,906 |
| Bellechester, MN | 38.3 miles | 227 |
| North Mankato, MN | 38.5 miles | 14,211 |
| Red Wing, MN | 38.6 miles | 16,758 |
| Waltham, MN | 38.8 miles | 182 |
| Eden Prairie, MN | 39 miles | 63,051 |
| Skyline, MN | 39 miles | 307 |
| Chaska, MN | 39.2 miles | 28,706 |
| Prescott, WI | 39.5 miles | 4,503 |
| Freeborn, MN | 39.5 miles | 348 |
| St. Paul Park, MN | 39.6 miles | 5,457 |
| Cottage Grove, MN | 39.7 miles | 40,992 |
| Richfield, MN | 39.8 miles | 36,642 |
| Diamond Bluff, WI | 40.5 miles | 192 |
| Sunfish Lake, MN | 40.6 miles | 533 |
| Chanhassen, MN | 40.8 miles | 26,006 |
| Mendota Heights, MN | 40.8 miles | 11,612 |
| Mendota, MN | 41 miles | 207 |
| Edina, MN | 41.1 miles | 53,262 |
| Cologne, MN | 41.2 miles | 2,282 |
| Lansing, MN | 41.2 miles | 152 |
| Minnesota Lake, MN | 41.8 miles | 687 |
| Newport, MN | 42.1 miles | 4,754 |
| Zumbro Falls, MN | 42.2 miles | 157 |
| South St. Paul, MN | 42.3 miles | 20,611 |
| Mapleton, MN | 42.3 miles | 1,728 |
| Hager City, WI | 42.3 miles | 243 |