Faribault, MNPublished Date: November 24, 2024Faribault is located in Rice County, Minnesota and has a population of 24,418. The poverty rate in Faribault is 15.8% and is higher than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Faribault is 6.4% while the Rice County unemployment rate is 5.3%.
| | Population | |
|---|
| Male | | 53.5% |
| Female | | 46.5% |
| | Median Age (city/county) | |
|---|
| Faribault | | 38.7 |
| Rice | | 37.1 |
| | Median Household Income (city/county) | |
|---|
| Faribault | | $58,881 |
| Rice | | $78,214 |
| | Median Home Value (city/county) | |
|---|
| Faribault | | $208,416 |
| Rice | | $277,280 |
| | Median Rent (city/county) | |
|---|
| Faribault | | $1,044 |
| Rice | | $1,021 |
| | Poverty Rate (city/county) | |
|---|
| Faribault | | 15.8% |
| Rice | | 9.2% |
Races and Ethnicity
▩ White 70.9%
▩ Black or African American 14.8%
▩ Asian 1.4%
▩ Native 0.9%
▩ Pacific 0.2%
▩ Other 6.5%
▩ Hispanic 14.5%
55021