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CITY

Faribault

Minnesota · 25,040 residents (2025 est.) · 15.507 sq mi
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The short version

Faribault has notably lower household income than the US average, with a median household income of $61,449. Population has grown 18% since 2000. 18% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $241,500. Households here earn about 31% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 38.7
US median: 38.9
Less educated
18% hold a bachelor's degree
US average: 36%
Less affordable
home values up 32%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
24,631
+18%since 2000
from 20,818 in 2000
1990 – 2025
Population density
1,588 / sq mi
+18%since 2000
from 1,342 / sq mi in 2000
US average: 281
Median age
38.7
+12%since 2000
from 34.5 in 2000
US average: 38.9

PEP 2025 EST:25,040 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
16K19K21K23K25K1990201020202024Faribault
202425K
1990201020202024
Section 02

Income & economy

Median household income
$61,449
−17%inflation adjusted, since 2000
from $40,865 in 2000
US average: $82,259
1990 – 2024
Per capita income
$33,225
+79%since 2000
from $18,610 in 2000
US average: $44,673
Households earning $100K+
42.8%
+18.1 ptssince 2009
from 24.7% in 2009
US average: 53.3%
Poverty rate
16.4%
+7.4 ptssince 2000
from 9.0% in 2000
US average: 12.5%
Income inequality (Gini)
0.446
+18%since 2010
from 0.377 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade23.4%
US avg: 9.9%
Information10.7%
US avg: 10.8%
Finance & insurance7.5%
US avg: 5.9%
Professional, scientific, technical7.1%
US avg: 5.1%
Wholesale trade5%
US avg: 6.9%
Other services3.8%
US avg: 6.7%
Transportation & warehousing2.8%
US avg: 2.2%
Public administration2.6%
US avg: 4.8%
Agriculture, forestry, fishing1.7%
US avg: 1.6%
Construction1.7%
US avg: 1.2%
Arts, entertainment, food0.5%
US avg: 1.9%
Education & health services0.4%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$241,500
+32%inflation adjusted, since 2000
from $100,300 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,074
+18%inflation adjusted, since 2000
from $499 in 2000
US average: $1,442
Owner-occupied
66.1%
−7.0 ptssince 2000
from 73.1% in 2000
33.9% rent
Vacancy rate
4.3%
Unchangedsince 2009
from 4.3% in 2009
US average: 10.0%
Owner cost-burdened
22.1%
−5.5 ptssince 2009
from 27.7% in 2009
US average: 22.9%
Renter cost-burdened
52.8%
+13.2 ptssince 2009
from 39.6% in 2009
US average: 47.4%
Afford Score
3.9
+60%since 2000
from 2.5 in 2000
1990 – 2024
Gentrification Score
29
RELATED:See current rent listings in Faribault on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic85%(17,689)
Black2.6%(538)
Hispanic / Latino8.9%(1,852)
Asian1.8%(381)
Other0%
Diversity Score30.4%(6,331)
2024
White, non-Hispanic65.1%(16,034)
Black16.6%(4,083)
Hispanic / Latino13.6%(3,345)
Asian1.4%(353)
Other3.3%(816)
Diversity Score66.1%(16,288)
Diversity Score
66
+117%since 2000
from 30 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
17.6%
+3.3 ptssince 2000
from 14.3% in 2000
US average: 35.6%
High school or higher
87.9%
+6.6 ptssince 2000
from 81.3% in 2000
US average: 89.6%
Graduate degree
6.1%
+1.7 ptssince 2000
from 4.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
19.0 min
+32%since 2000
from 14.3 min in 2000
US average: 26.5
Drive alone to work
71.1%
−9.5 ptssince 2009
from 80.6% in 2009
US average: 68.9%
Carpooled to work
15.8%
+4.0 ptssince 2009
from 11.8% in 2009
US average: 8.5%
Public transit
0.1%
−1.0 ptssince 2009
from 1.0% in 2009
US average: 3.2%
Worked from home
5.9%
+4.3 ptssince 2009
from 1.5% in 2009
US average: 15.0%
Walked to work
2.7%
−0.2 ptssince 2009
from 2.9% in 2009
US average: 2.4%
Biked to work
1.4%
+0.9 ptssince 2009
from 0.5% in 2009
US average: 0.4%
No vehicle available
10.4%
+3.2 ptssince 2009
from 7.2% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.4%
−4.6 ptssince 2011
from 10.1% in 2011
US average: 5.2%
Labor force participation
58.7%
−4.4 ptssince 2011
from 63.1% in 2011
US average: 63.5%
Self-employed
13.0%
−0.8 ptssince 2009
from 13.7% in 2009
US average: 13.1%
Management & professional
25.4%
−29.9 ptssince 2009
from 55.3% in 2009
US average: 42.5%
Section 08

People & community

Male
55.2%
+5.2 ptssince 2009
from 50.0% in 2009
Female
44.8%
−5.2 ptssince 2009
from 50.0% in 2009
Foreign born
14.9%
+6.6 ptssince 2009
from 8.3% in 2009
US average: 14.1%
Veterans
6.7%
−41.6 ptssince 2009
from 48.3% in 2009
US average: 6.2%
With a disability
13.2%
+2.0 ptssince 2012
from 11.2% in 2012
US average: 13.3%
Uninsured
7.5%
−78.5 ptssince 2013
from 86.0% in 2013
US average: 8.4%
Broadband at home
89.5%
+13.2 ptssince 2017
from 76.3% in 2017
US average: 91.0%
English only at home
79.3%
−2.4 ptssince 2016
from 81.7% in 2016
US average: 77.7%
Spanish at home
10.3%
+0.1 ptssince 2016
from 10.2% in 2016
US average: 13.6%
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Frequently asked

How many people live in Faribault, Minnesota?

Faribault, Minnesota has about 24,631 residents according to the 2024 American Community Survey.

What is the median household income in Faribault, Minnesota?

The typical household in Faribault, Minnesota earns about $61,449 a year. Half of households make more than that, and half make less.

Is Faribault, Minnesota expensive?

In Faribault, Minnesota, the median home is worth about $241,500, and the typical rent is about $1,074 a month.

How educated are people in Faribault, Minnesota?

About 17.6% of adults age 25 and over in Faribault, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Faribault, Minnesota?

About 16.4% of people in Faribault, Minnesota live below the federal poverty line.

Has Faribault, Minnesota grown since 1990?

Yes, Faribault, Minnesota has grown since 1990. The population has added about 7,546 residents, a change of about 44 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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