Minnesota / Rice County

Moving to Faribault, MN

Thinking of making a move to Faribault, MN? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Faribault, MN

Considering a move to Faribault, MN? This welcoming community of 24,453 residents offers a blend of suburban charm and convenience, with median home prices around $240,000 and average rents near $1,050. Commute times average 19 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (56% annually), ideal for families and commuters alike. Explore Faribault's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Faribault, MN

Faribault has a population of 24,453 residents, offering a diverse community with a median age of nearly 36 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 74% White, 9% Black, and 4% Asian residents, and over 12% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

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?

The cost of living in Faribault is higher than the national average, with a cost of living index of 91.6. Median home values are around $240,000 and average rents for a two-bedroom apartment are approximately $1,050. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

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 is considered a safe community, with a low violent crime rate of 211 incidents per 100,000 residents and a property crime chance of 1 in 46. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Minnesota.

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?

Faribault experiences four distinct seasons, with warm summers reaching highs of 82°F and cold winters dipping to 7°F. The area receives about 32 inches of rainfall annually and enjoys sunshine on 56% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
7°F
Max
25°F

Summer

Min
58°F
Max
82°F

Spring

Min
35°F
Max
59°F

Fall

Min
38°F
Max
62°F
Average Rainfall Inches
32.2 inches
Sunny Days Percentage
56%

Neighbors

The neighborhood boasts a healthy median household income of $59,814 and a low poverty rate of 11.1%. Over 86% of residents have at least a high school diploma, and nearly 22% hold a bachelor's degree or higher. Commute times average 19 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

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 quality education options, with public schools like Faribault High School and Jefferson Elementary known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including South Central College and Carleton College. The community is committed to educational excellence for all age groups.

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 residents have access to quality healthcare, with major hospitals like Allina Health Faribault Medical Center nearby. The community benefits from a high physician-to-resident ratio of 1.9 per 1,000 people and 92.6% health insurance coverage. Local healthcare services are reliable and comprehensive.

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

Healthcare Access

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 local housing market is strong, with a median home price of $240,000 and an owner-occupied rate of nearly 63%. The market has seen a 4.9% appreciation over the past year, and rental vacancy rates remain moderate at 5.8%. Faribault offers a mix of stability and opportunity for both buyers and renters.

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 of Faribault handle vehicle services through the Minnesota Driver and Vehicle Services, conveniently located in Faribault. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Minnesota
Department
Minnesota Driver and Vehicle Services
Address
1105 W Division St, Faribault, MN 55021
Phone
(507) 332-7980

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.

FAQs About Moving to Faribault, MN

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Faribault, review the core fields on this page: population 24,453, median home value $240,000, average rent for 2 bedroom $1,050, commute time 19.0 minutes, and sunny days percentage 56%.

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