Faribault, MN 55021 has a population of approximately 29,765 and experiences a population change rate of 8.72%. The population density is 164.6 / sq mi .
Faribault, MN 55021 Real Estate for Sale

$450,000

$450,000
Faribault, MN 55021 has a population of approximately 29,765 and experiences a population change rate of 8.72%. The population density is 164.6 / sq mi .
The median household income for Faribault, MN 55021 is $63,340, with 11,406 households and an average household size of 2.49.
The median value of a home in Faribault, MN 55021 is $254,600 with an appreciation rate of 12.20%. 66.04% of housing in the state is owned while 26.46% is rented.
The cost of living in Faribault, MN 55021 is 92.7 %.
The unemployment rate in Faribault, MN 55021 is 2.60%, and recent job growth is at 0.55%. Future job growth is projected at 32.12%.
The sales tax rate in Faribault, MN 55021 is 7.38%, while the income tax rate is 6.80% .
School expenditures in Faribault, MN 55021 are $20,007, and the school ratio is 15.2:1.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 4.2 degrees. The average rainfall is approximately 33.8 inches per year, with 45.3 inches of snow per year.