Everything You Should Know Before Moving to Faribault, MN
Considering a move to Faribault, MN? This friendly city of 24,453 residents offers affordable living with median home prices around $240,000 and average rents near $1,050. Commutes are quick at just 19 minutes on average, and residents benefit from solid educational options and a close-knit community feel. While violent crime rates remain below national averages, Faribault features a vibrant cultural mix, seasonal weather with 56% sunny days, and easy access to local healthcare and outdoor recreation.
Demographics - Faribault, MN
Demographics - Faribault, MN
Faribault is home to about 24,500 residents, offering a balanced blend of ages with a median age of 36.4 years and a nearly equal gender ratio. The community is primarily White, with notable Black, Asian, and other minority populations, and over 12% of residents speak a language other than English at home. This diverse makeup contributes to a welcoming and inclusive atmosphere for newcomers.
Population:
24,453
Density:
1,160 per sq mi
Median Age:
36.4
Gender Ratio:
101 males per 100 females
Non-English Speakers Percentage:
12.1%
Ethnic Composition
White:
73.8%
Black:
8.5%
Asian:
4.2%
Others:
13.5%
Cost Of Living
What is the average cost of living in Faribault, MN?
Faribault offers an affordable cost of living, with a median home value of $240,000 and average rent around $1,050. The city's cost of living index is below the national average at 91.6, making it an attractive option for families and individuals seeking value. Utility, transportation, and grocery costs are also reasonable, helping residents stretch their budgets further.
Median House Value:
$240,000
Gross Rent:
$1,050
Monthly Electricity Charges:
$110
Auto Insurance:
$1,270
House Owner Cost With Mortgage:
$1,480
House Owner Cost Without Mortgage:
$520
State Taxes:
Low:
5.35%
|
High:
9.85%
Cost Of Living Index:
91.6
Grocery:
97.8
Housing:
78.2
Utilities:
98.0
Transportation:
93.5
Health Care:
102.1
Miscellaneous:
93.2
Crime
Is Faribault, MN a safe place to live?
Faribault enjoys relatively low crime rates, with a violent crime rate of 211 per 100,000 residents—well below national averages. Property crime is more common, with a 1 in 46 chance, but overall, the city remains a safe place to live. Residents benefit from a strong community focus on safety and well-being.
Violent Crimes Per 100k:
211
Property Crimes Per 100k:
2,165
Crime Index:
2,376
Chance Of Violent Crime:
1 in 474
Chance Of Property Crime:
1 in 46
Weather
What is the weather like in Faribault, MN year-round?
Residents of Faribault experience four distinct seasons, from cold winters averaging 7°F to 25°F, to warm summers reaching up to 82°F. The city enjoys about 56% sunny days annually and receives roughly 32 inches of rainfall each year. This climate supports a variety of outdoor activities year-round.
Winter
Min:
7°F
Max:
25°F
Spring
Min:
35°F
Max:
59°F
Summer
Min:
58°F
Max:
82°F
Fall
Min:
38°F
Max:
62°F
Average Rainfall Inches:
32.2 inches
Sunny Days Percentage:
56%
Neighbors
Faribault's households earn a median income of $59,814, with a family income of $72,600 and a poverty rate of 11.1%. The community is well-educated, with over 86% holding at least a high school diploma, and average commutes are a short 19 minutes. Low unemployment and affordable rent contribute to a stable and welcoming neighborhood environment.
Median Income:
$32,310
Household Income:
$59,814
Family Income:
$72,600
Per Capita Income:
$27,380
Income Male:
$42,900
Income Female:
$34,400
Poverty Rate:
11.1%
Non English Speakers:
12.1%
Rent:
$1,050
Unemployment Rate:
3.6%
Public Transport Usage:
0.8%
Commute Time:
19.0 minutes
Education
High School or Higher:
86.4%
Bachelors or More:
22.3%
Education
How are the schools in Faribault, MN?
Faribault offers diverse educational opportunities, including public schools like Faribault High School and Jefferson Elementary, as well as private options such as Bethlehem Academy. Local higher education is anchored by South Central College, with additional colleges nearby, supporting lifelong learning. Schools in the area provide supportive environments with reasonable student-to-teacher ratios and community involvement.
Public Schools
Name:
Faribault High School
Street:
330 9th Ave SW
Phone:
507-333-6100
Students:
1,100
Student Teacher Ratio:
17.6
Name:
Jefferson Elementary
Street:
922 Home Place Blvd
Phone:
507-333-6500
Students:
490
Student Teacher Ratio:
14.2
Private Schools
Name:
Bethlehem Academy
Street:
105 3rd Ave SW
Phone:
507-334-3948
Students:
280
Colleges
Name:
South Central College
City:
Faribault
State:
MN
Distance:
0 miles
Students:
1,650
Name:
Carleton College
City:
Northfield
State:
MN
Distance:
14 miles
Students:
2,044
Healthcare
Faribault is served by Allina Health Faribault Medical Center, a full-service hospital with emergency care, and maintains 1.9 physicians per 1,000 residents. Over 92% of the population has health insurance, ensuring access to quality healthcare. The city's healthcare index reflects reliable services for families and individuals alike.
Major Hospitals
Name:
Allina Health Faribault Medical Center
Address:
200 State Ave, Faribault, MN 55021
Phone:
(507) 334-3921
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.9
Health Insurance Coverage:
92.6%
Health Care Index:
77.3
Housing Market
What is the housing market like in Faribault, MN?
The housing market in Faribault is accessible, with a median home price of $240,000 and strong owner occupancy at 63%. Home values have appreciated by nearly 5% over the past year, and rental options are available with an average two-bedroom rent of $1,050. Low foreclosure and vacancy rates indicate a healthy and stable housing environment.
Median Home Price:
$240,000
Average Rent For 2 Bedroom:
$1,050
Owner Occupied Rate:
63.0%
Rental Vacancy Rate:
5.8%
Home Appreciation Rate (1yr):
4.9%
New Construction Rate:
1.2%
Foreclosure Rate:
0.6%
DMV Information
Residents can access driver and vehicle services at the Minnesota Driver and Vehicle Services office located on W Division St in Faribault. The local DMV provides convenient support for licensing, registration, and other vehicle needs. Helpful staff and accessible online resources make managing transportation requirements straightforward.
State:
Minnesota
Department:
Minnesota Driver and Vehicle Services
Address:
1105 W Division St, Faribault, MN 55021
Phone:
(507) 332-7980
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.