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 24,300 residents offers a blend of suburban charm and convenience, with median home prices around $245,000 and average rents near $1,050. Commute times average 20 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (55% 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 24,300 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 79% White, 7% Black, and 5% Asian residents, and over 12% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
24,300
Density
1,300 per sq mi
Median Age
36.4
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
11.5%

Ethnic Composition

White
79.0%
Black
7.0%
Asian
5.0%
Others
9.0%

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 92.4. Median home values are around $245,000 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
$245,000
Gross Rent
$1,050
Monthly Electricity Charges
$125
Auto Insurance
$1,420
House Owner Cost With Mortgage
$1,680
House Owner Cost Without Mortgage
$590
State Taxes
Low: 5.35%| High: 9.85%
Cost Of Living Index
92.4
Grocery
96.5
Housing
84.8
Utilities
101.6
Transportation
93.2
Health Care
97.8
Miscellaneous
91.0

Crime

Is Faribault, MN a safe place to live?

Faribault is considered a safe community, with a low violent crime rate of 295 incidents per 100,000 residents and a property crime chance of 1 in 45. 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
295
Property Crimes Per 100k
2,210
Crime Index
2,505
Chance Of Violent Crime
1 in 339
Chance Of Property Crime
1 in 45

Weather

What is the weather like in Faribault, MN year-round?

Faribault experiences four distinct seasons, with warm summers reaching highs of 83°F and cold winters dipping to 6°F. The area receives about 32 inches of rainfall annually and enjoys sunshine on 55% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
6°F
Max
24°F

Summer

Min
61°F
Max
83°F

Spring

Min
38°F
Max
62°F

Fall

Min
40°F
Max
64°F
Average Rainfall Inches
31.5 inches
Sunny Days Percentage
55%

Neighbors

The neighborhood boasts a healthy median household income of $62,000 and a low poverty rate of 13.8%. Over 91% of residents have at least a high school diploma, and nearly 22% hold a bachelor's degree or higher. Commute times average 20 minutes, and almost 2% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$34,500
Household Income
$62,000
Family Income
$77,500
Per Capita Income
$30,200
Income Male
$41,000
Income Female
$31,500
Poverty Rate
13.8%
Non English Speakers
8.8%
Rent
$1,050
Unemployment Rate
4.0%
Public Transport Usage
2.1%
Commute Time
19.8 minutes

Education

High School or Higher
91.0%
Bachelors or More
21.5%

Education

How are the schools in Faribault, MN?

Faribault offers quality education options, with public schools like Faribault High School and Faribault Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Minnesota State College Southeast – Faribault and Riverland Community College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Faribault High School
Street
330 17th St SW
Phone
507-333-6100
Students
1,100
Student Teacher Ratio
16.5
Name
Faribault Middle School
Street
704 17th St SW
Phone
507-333-6400
Students
780
Student Teacher Ratio
15.8

Private Schools

Name
Bethlehem Academy
Street
105 3rd Ave SW
Phone
507-334-3948
Students
250

Colleges

Name
Minnesota State College Southeast – Faribault
City
Faribault
State
MN
Distance
0 miles
Students
1,000
Name
Riverland Community College
City
Albert Lea
State
MN
Distance
38 miles
Students
3,000

Healthcare

Faribault residents have access to quality healthcare, with major hospitals like Mayo Clinic Health System – Faribault and District One Hospital nearby. The community benefits from a high physician-to-resident ratio of 1.8 per 1,000 people and 93.5% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Mayo Clinic Health System – Faribault
Address
200 State Ave, Faribault, MN 55021
Phone
(507) 334-4351
Type
General & Surgical
Emergency Services
Yes
Name
District One Hospital
Address
200 State Ave, Faribault, MN 55021
Phone
(507) 334-5181
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.8
Health Insurance Coverage
93.5%
Health Care Index
72.1

Housing Market

What is the housing market like in Faribault, MN?

The local housing market is strong, with a median home price of $245,000 and an owner-occupied rate of nearly 67%. The market has seen a 3.9% appreciation over the past year, and rental vacancy rates remain moderate at 6.1%. Faribault offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$245,000
Average Rent For 2 Bedroom
$1,050
Owner Occupied Rate
66.5%
Rental Vacancy Rate
6.1%
Home Appreciation Rate (1yr)
3.9%
New Construction Rate
1.4%
Foreclosure Rate
0.4%

DMV Information

Residents of Faribault handle vehicle services through the Minnesota Driver and Vehicle Services, conveniently located in St. Paul. 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
445 Minnesota St, St. Paul, MN 55101
Phone
(651) 201-7900

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 24,300, median home value $245,000, average rent for 2 bedroom $1,050, commute time 19.8 minutes, and sunny days percentage 55%.

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