All Countries
Faribault, MN
Full City Profile · Minnesota · Rice County County
2.9
/5.0
C+
Fair
24,458
Population
1,557/sq mi density
$61,662
Median Income
$32,009 per capita
$233,900
Home Value
$293,770 Zillow
$1,041
Median Rent
32.4% income on rent
45°F
Avg Temperature
270 sunny days/yr
255
Violent Crime/100K
1,965 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$61,662 median income, 3.3% unemployment
A+
Affordability
4.5 / 5.0
$233,900 home value, $1,041/mo rent
F
Safety
1.0 / 5.0
255 violent crimes/100K
C
Education
2.4 / 5.0
17.5% bachelor's degree or higher
Income Overview
Median Household Income
$61,662
18% below
US avg: $75,149
Per Capita Income
$32,009
18% below
US avg: $39,052
Unemployment Rate
3.3%
8% below
US avg: 3.6%
Poverty Rate
11.1%
10% below
US avg: 12.4%
Income Comparison: Faribault vs. U.S. Average
Each bar shows Faribault’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$61,662
82%
Per Capita
US: $39,052
$32,009
82%
IRS Avg AGI
US: $72,000
$80,468
112%
Avg Weekly Wage
US: $1,432
$1,165
81%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,165
19% below US avg ($1,432)
Mean Commute Time
20 min
29% below US avg (28 min)
Work From Home
5.3%
65% below US avg (15.2%)
Drive Alone
71.6%
2% below US avg (73.2%)
Public Transit
0.2%
97% below US avg (5.0%)
County GDP
$4,083M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
71.6%
Public Transit
0.2%
Work From Home
5.3%
Other
22.9%
Average commute time
20 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,786
Restaurants
136
Healthcare
181
Retail
179
Manufacturing
76
Tax & Financial
IRS Avg Adjusted Gross Income
$80,468
12% above US avg ($72,000)
Avg Property Tax
$4,496
28% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $61,662 |
| Per Capita Income | $32,009 |
| IRS Avg Adjusted Gross Income | $80,468 |
| Avg Weekly Wage | $1,165 |
| County GDP | $4,083M |
Hardship Indicators
| Unemployment Rate | 3.3% |
| Poverty Rate | 11.1% |
| Gini Coefficient | 0.433 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 71.6% |
| Public Transit | 0.2% |
| Work From Home | 5.3% |
Businesses
| Total Establishments | 1,786 |
| Restaurants | 136 |
| Healthcare | 181 |
| Retail | 179 |
| Manufacturing | 76 |
Tax
| IRS Avg AGI | $80,468 |
| Avg Property Tax | $4,496 |