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CITY · 2020 ACS

Faribault

Minnesota · 24,453 residents · 15.507 sq mi
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The short version

Faribault has lower-than-average household income, with a median household income of $54,832. Population has grown 17% since 2000. 19% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $169,900. Households here earn about 25% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 37.3
US median: 38.8
Less educated
19% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
24,453
+17%since 2000
from 20,818 in 2000
1990 – 2025
Population density
1,577 / sq mi
+17%since 2000
from 1,342 / sq mi in 2000
US average: 280
Median age
37.3
+8%since 2000
from 34.5 in 2000
US average: 38.8
Population, 1990 – 2024
16K19K21K23K25K1990201020202024Faribault
202425K
1990201020202024
Section 02

Income & economy

Median household income
$54,832
−11%inflation adjusted, since 2000
from $40,865 in 2000
US average: $66,278
1990 – 2024
Per capita income
$26,095
+40%since 2000
from $18,610 in 2000
US average: $35,364
Households earning $100K+
37.7%
+13.0 ptssince 2009
from 24.7% in 2009
US average: 43.9%
Poverty rate
16.3%
+7.3 ptssince 2000
from 9.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade24.2%
US avg: 10%
Information11.5%
US avg: 11.1%
Wholesale trade7.7%
US avg: 6.7%
Finance & insurance4.7%
US avg: 5.5%
Professional, scientific, technical4.4%
US avg: 4.7%
Transportation & warehousing3%
US avg: 2.5%
Other services2.7%
US avg: 6.6%
Agriculture, forestry, fishing1.7%
US avg: 1.7%
Construction1.7%
US avg: 1.2%
Public administration1.6%
US avg: 4.7%
Arts, entertainment, food1%
US avg: 2%
Education & health services0.2%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$169,900
+13%inflation adjusted, since 2000
from $100,300 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$914
+22%inflation adjusted, since 2000
from $499 in 2000
US average: $1,124
Owner-occupied
65.9%
−7.2 ptssince 2000
from 73.1% in 2000
34.1% rent
Afford Score
3.1
+26%since 2000
from 2.5 in 2000
1990 – 2024
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)
2020
White, non-Hispanic65.5%(16,012)
Black14.8%(3,624)
Hispanic / Latino14%(3,415)
Asian1.6%(387)
Other1.8%(452)
Diversity Score63.3%(15,488)
Diversity Score
63
+108%since 2000
from 30 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
18.8%
+4.6 ptssince 2000
from 14.3% in 2000
US average: 32.9%
High school or higher
85.1%
+3.8 ptssince 2000
from 81.3% in 2000
US average: 88.5%
Graduate degree
6.2%
+1.8 ptssince 2000
from 4.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
19.7 min
+37%since 2000
from 14.3 min in 2000
US average: 26.9
Drive alone to work
83.3%
+2.8 ptssince 2009
from 80.6% in 2009
US average: 75.1%
No vehicle available
7.6%
+0.4 ptssince 2009
from 7.2% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
6.7%
−3.4 ptssince 2011
from 10.1% in 2011
US average: 5.4%
Labor force participation
55.1%
−8.0 ptssince 2011
from 63.1% in 2011
US average: 63.4%
Management & professional
25.5%
−29.8 ptssince 2009
from 55.3% in 2009
US average: 39.3%
Section 08

People & community

Male
52.6%
+2.5 ptssince 2009
from 50.0% in 2009
Female
47.4%
−2.5 ptssince 2009
from 50.0% in 2009
Foreign born
14.2%
+5.9 ptssince 2009
from 8.3% in 2009
US average: 13.5%
Uninsured
7.9%
−78.1 ptssince 2013
from 86.0% in 2013
US average: 8.8%
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Frequently asked

How many people live in Faribault, Minnesota?

Faribault, Minnesota has about 24,453 residents according to the 2020 American Community Survey.

What is the median household income in Faribault, Minnesota?

The typical household in Faribault, Minnesota earns about $54,832 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 $169,900, and the typical rent is about $914 a month.

How educated are people in Faribault, Minnesota?

About 18.8% 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 16.3% 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 7,368 residents, a change of about 43 percent over that period.

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

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