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
Top Industries in Faribault (19)
County-level employment data (BLS QCEW). Sorted by employment.
Manufacturing
5,319 jobs
81 firms
$90,041/yr
Health Care & Social Assistance
3,048 jobs
317 firms
$49,551/yr
Retail Trade
2,747 jobs
195 firms
$33,627/yr
Accommodation & Food Services
2,349 jobs
152 firms
$21,457/yr
Educational Services
2,293 jobs
26 firms
$71,021/yr
Construction
1,107 jobs
220 firms
$71,154/yr
Wholesale Trade
1,103 jobs
62 firms
$81,529/yr
Transportation & Warehousing
1,090 jobs
52 firms
$55,667/yr
Other Services
885 jobs
172 firms
$33,947/yr
Administrative & Waste Services
600 jobs
71 firms
$41,828/yr
Agriculture & Forestry
476 jobs
44 firms
$51,007/yr
Finance & Insurance
452 jobs
75 firms
$93,343/yr
Professional & Technical Services
373 jobs
102 firms
$61,171/yr
Arts & Entertainment
248 jobs
37 firms
$21,384/yr
Information & Technology
140 jobs
26 firms
$55,748/yr
Real Estate
124 jobs
48 firms
$65,282/yr
Utilities
83 jobs
5 firms
$135,490/yr
Management of Companies
44 jobs
8 firms
$78,249/yr
Mining & Oil/Gas
40 jobs
3 firms
$73,131/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Educational Services
4.23
Manufacturing
2.47
Agriculture & Forestry
2.25
Other Services
1.12
Wholesale Trade
1.07
Retail Trade
1.05
Accommodation & Food Services
0.99
Transportation & Warehousing
0.98
Utilities
0.83
Health Care & Social Assistance
0.81
Construction
0.81
Arts & Entertainment
0.56
Finance & Insurance
0.43
Mining & Oil/Gas
0.40
Administrative & Waste Services
0.39
Real Estate
0.30
Information & Technology
0.29
Professional & Technical Services
0.20
Management of Companies
0.10
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Manufacturing | 5,319 | 81 | $1,732 | $90,041 | 2.47 |
| Health Care & Social Assistance | 3,048 | 317 | $953 | $49,551 | 0.81 |
| Retail Trade | 2,747 | 195 | $647 | $33,627 | 1.05 |
| Accommodation & Food Services | 2,349 | 152 | $413 | $21,457 | 0.99 |
| Educational Services | 2,293 | 26 | $1,366 | $71,021 | 4.23 |
| Construction | 1,107 | 220 | $1,368 | $71,154 | 0.81 |
| Wholesale Trade | 1,103 | 62 | $1,568 | $81,529 | 1.07 |
| Transportation & Warehousing | 1,090 | 52 | $1,071 | $55,667 | 0.98 |
| Other Services | 885 | 172 | $653 | $33,947 | 1.12 |
| Administrative & Waste Services | 600 | 71 | $804 | $41,828 | 0.39 |
| Agriculture & Forestry | 476 | 44 | $981 | $51,007 | 2.25 |
| Finance & Insurance | 452 | 75 | $1,795 | $93,343 | 0.43 |
| Professional & Technical Services | 373 | 102 | $1,176 | $61,171 | 0.20 |
| Arts & Entertainment | 248 | 37 | $411 | $21,384 | 0.56 |
| Information & Technology | 140 | 26 | $1,072 | $55,748 | 0.29 |
| Real Estate | 124 | 48 | $1,255 | $65,282 | 0.30 |
| Utilities | 83 | 5 | $2,606 | $135,490 | 0.83 |
| Management of Companies | 44 | 8 | $1,505 | $78,249 | 0.10 |
| Mining & Oil/Gas | 40 | 3 | $1,406 | $73,131 | 0.40 |