At a Glance
Median Income
$61,662
$32,009 per capita
Home Value
$233,900
Zillow: $293,770
Median Rent
$1,041/mo
32.4% of income on rent
Violent Crime
255/100K
1,965/100K property
Bachelor's Degree+
17.5%
88.3% high school+
Unemployment
3.3%
11.1% poverty rate
Obesity Rate
42.7%
19.3% smoking rate
Avg Temperature
45°F
270 sunny days/yr
How Faribault Compares to the U.S. Average
Each bar shows Faribault's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Faribault a Good Place to Live?
C+
2.9 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Faribault residents earn a median household income of $61,662 , which is 18% below the national average of $75,149.
Per capita income is $32,009. The unemployment rate stands at 3.3% (8% below the U.S. rate of 3.6%). 11.1% of residents live below the poverty line. The area is home to 1,786 business establishments, including 136 restaurants.
Housing & Cost of Living
The median home value in Faribault is $233,900 , 17% below the national median of $281,900.
Zillow estimates the typical home at $293,770. Median rent is $1,041/month, with 32.4% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1973.
Safety & Crime
Faribault reports 255 violent crimes per 100,000 residents
, which is 33% below the national average of 380/100K.
Property crime is 1,965/100K. The murder rate is 0.0/100K.
Education
17.5% of adults in Faribault hold a bachelor's degree or higher
(48% below the national average).
88.3% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Faribault has an average annual temperature of 45°F (7°C).
Winters average 14°F in January while summers reach 71°F in July. The area gets 270 sunny days per year. Annual precipitation totals 35.5 inches. Air quality is rated Good with a median AQI of 36.
Data Overview
People
Population24,458
Median Age38.4 yrs
Density1,557/mi²
Male / Female54% / 46%
Foreign Born13.6%
Veterans7.7%
Economy
B+
Median Income$61,662
Per Capita$32,009
Unemployment3.3%
Poverty11.1%
County GDP$4,083M
Avg Weekly Wage$1,165
Housing
A+
Home Value$233,900
Rent$1,041
Ownership65.4%
Zillow$293,770
Housing Units9,294
Rent Burden32.4%
Crime
F
Violent255/100K
Property1,965/100K
Murder0.0/100K
Assault159/100K
Burglary414/100K
Health
Obesity42.7%
Diabetes11.7%
Smoking19.3%
Heart Disease6.4%
Premature Death5,294/100K
Climate
Avg Temp45°F
Sunny Days270/yr
Rain35.5 in/yr
AQI36 (Good)
Elevation975 ft
Education
C
Bachelor's+17.5%
High School+88.3%
Graduate+5.3%
School Score6.0/10
Community
2024 VoteR 50% / D 48%
Commute20 min
Broadband90.7%
Internet Speed155 Mbps
EV Stations8
Libraries3
Did You Know?
Faribault was founded in 1855.
The median home in Faribault was built in 1973.
The nearest airport is Owatonna Degner Regional (12 miles).
The Gini coefficient (income inequality) is 0.433 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
12.9% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 155 Mbps.
There are 136 restaurants in the area.
The county recorded 4 fatal vehicle crashes.
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