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Faribault, MN Area and Community Summary Information


Community Summary

Faribault Minnesota
Community Characteristics
Population 21,988 5,212,417
Population Density 1,737 62
Educational Climate Index 4
Median Age 33.91 36.03
Median Dwelling Age 37 31
In Current Residence 5+ years 43 % 39 %
Median Home Sale Price $147,500
Average household Income $57,579 $68,862
Median Value of Home Equity $161,201 $192,180
Median Mortgage Debt $303,373 $389,711
Total Household Expenditure 93 104
Total Crime Risk 97 80
Weather Risk 39 43
Air Pollution Index 84 90
Median Travel Time to Work 12.05 18.65
     

Population Characteristics

Faribault Minnesota
Population 21,988 5,212,417
Population Density 1,737 62
     
Male Population 11,304 2,590,395
Female Population 10,684 2,622,022
     
Population Change Since 1990 23 % 19 %
Population Change Since 2000 6 % 6 %
     

Age

Faribault Minnesota
Median Age 33.91 36.03
     
Population: Age 0-4 1,325 342,600
Population: Age 5-9 1,222 328,981
Population: Age 10-14 1,305 339,435
Population: Age 15-19 1,346 365,985
Population: Age 20-24 1,671 380,991
Population: Age 25-29 2,482 360,753
Population: Age 30-34 1,671 342,877
Population: Age 35-39 1,391 356,568
Population: Age 40-44 1,482 396,152
Population: Age 45-49 1,548 412,782
Population: Age 50-54 1,384 379,728
Population: Age 55-59 1,169 318,067
Population: Age 60-64 971 243,675
Population: Age 65-69 759 179,918
Population: Age 70-74 702 142,916
Population: Age 75-79 578 119,726
Population: Age 80-84 453 94,505
Population: Age 85+ 528 106,758
     

Race Distribution

Faribault Minnesota
Race: White 19,752 4,556,910
Race: American Indian, Eskimo, Aleut 144 55,100
Race: Asian or Pacific Islander 411 198,876
Race: Other 734 72,957
Race: Hawaiian / Pacific Islander 18 2,748
Race: Black 593 226,562
     

Hispanic Distribution

Faribault Minnesota
Population: Hispanic 2,705 203,680
Population: Not Hispanic 19,283 5,008,737
     

Education

Faribault Minnesota
Education: Less than 9th Grade 888 105,568
Education: Some High School 1,368 175,200
Education: High School Graduate 5,489 956,797
Education: Some College 4,065 762,920
Education: Associate Degree 956 352,931
Education: Bachelors Degree 1,618 747,009
Education: Graduate Degree 735 354,000
     

Marital Status

Faribault Minnesota
Never Married 5,303 1,159,967
Now Married 8,733 2,307,318
Separated 954 133,024
Widowed 1,295 238,456
Divorced 1,954 362,159
     

Households

Faribault Minnesota
Households 8,491 2,067,770
Average Household Size
     
Households: Family 5,606 1,356,917
Households: Non-Family 2,885 710,853
     
Households: With Children 2,471 689,100
Households: No Children 6,020 1,378,670
     

Housing Characteristics

Faribault Minnesota
Median Dwelling Age 37 31
Median Home Sale Price $147,500
Average household Income $57,579 $68,862
Median Value of Home Equity $161,201 $192,180
Median Mortgage Debt $303,373 $389,711
     

Home Ownership

Faribault Minnesota
Vacant Dwellings 269 255143
Owner-Occupied Dwellings 6200 1575533
Renter-Occupied Dwellings 2291 492237
     

Turnover

Faribault Minnesota
In Current Residence 5+ years 43 % 39 %
Annual Residential Turnover 18 % 19 %
     
Median Years in Residence 3.98 3.68
     

Income Characteristics

Faribault Minnesota
Median household income $50,115 $57,422
Average household Income $57,579 $68,862
Per capita income $24,481 $28,109
Median Disposable Income $42,378 $47,909
     

Income Growth

Faribault Minnesota
Change in Avg. Household Income Since 1990 98 % 86 %
Change in Avg. Household Income Since 2000 22 % 21 %
     

Household Income

Faribault Minnesota
Household Income: $0-$10,000 537 118,484
Household Income: $10,000-$15,000 402 77,107
Household Income: $15,000-$20,000 462 91,583
Household Income: $20,000-$25,000 445 98,839
Household Income: $25,000-$30,000 492 104,409
Household Income: $30,000-$35,000 500 98,919
Household Income: $35,000-$40,000 494 96,543
Household Income: $40,000-$45,000 480 104,461
Household Income: $45,000-$50,000 422 94,034
Household Income: $50,000-$60,000 871 197,407
Household Income: $60,000-$75,000 1,196 245,430
Household Income: $75,000-$100,000 1,259 306,536
Household Income: $100,000-$125,000 545 178,771
Household Income: $125,000-$150,000 163 92,769
Household Income: $150,000-$200,000 82 80,096
Household Income: $200,000-$250,000 30 27,301
Household Income: $250,000-$500,000 36 31,024
Household Income: $500,000+ 74 24,057
     

Median Income

Faribault Minnesota
Median Income: Age < 25 $38,833 $35,981
Median Income: Age 25-34 $49,408 $54,780
Median Income: Age 35-44 $54,272 $66,121
Median Income: Age 45-54 $64,140 $71,226
Median Income: Age 55-64 $58,120 $63,506
Median Income: Age 65-74 $38,750 $45,056
Median Income: Age 75+ $27,929 $32,135
     

Cost of Living Index

Faribault Minnesota
Total Household Expenditure 93 104
Contributions 84 104
Personal Insurance 87 104
Apparel 92 104
Education 83 103
Entertainment 92 104
Food And Beverages 95 104
Health Care 97 104
Household Furnishings And Equipment 91 105
Shelter 92 104
Household Operations 87 104
Miscellaneous Expenses 95 104
Personal Care 93 104
Reading 93 104
Tobacco 101 103
Transportation 95 105
Utilities 96 104
Gifts 87 104
     
Sales Tax Rate 7 %
     

Financial Characteristics

Faribault Minnesota
Median Household Net Worth $120,932 $159,583
Average Household Net Worth $393,049 $521,961
Median Value of Home Equity $161,201 $192,180
Median Mortgage Debt $303,373 $389,711
     

Net Worth

Faribault Minnesota
Net Worth: $0 or Less 979 223,639
Net Worth: $1-$5,000 1,134 255,561
Net Worth: $5,000-$10,000 611 140,066
Net Worth: $10,000-$25,000 1,065 251,757
Net Worth: $25,000-$50,000 1,142 277,317
Net Worth: $50,000-$100,000 1,402 344,761
Net Worth: $100,000-$250,000 1,624 411,112
Net Worth: $250,000-$500,000 628 164,130
Net Worth: Greater Than $500,000 325 90,532
     

Investments and Debt

Faribault Minnesota
Median Value of Transaction Accounts $22,667 $28,368
Median Value of Certificates of Deposit $6,413 $7,322
Median Value of Savings Bonds $1,025 $1,165
Median Value of Bonds (Not US Savings) $7,901 $12,185
Median Value of Stocks $27,141 $39,515
Median Value of Mutual Funds $23,553 $32,547
Median Value of Retirement Accounts $54,678 $72,645
Median Value of Cash Value Life Ins $5,030 $6,416
Median Value of Other Managed Accounts $13,308 $17,270
Median Value of Other Financial Assets $3,400 $4,713
Median Value of Any Financial Assets $165,116 $222,147
Median Value of Vehicles Owned $16,873 $18,993
Median Value of Investment Property Equity $29,908 $40,557
Median Value of Business Equity $20,436 $27,957
Median Value of Other Non-Financial Assets $70,664 $104,272
Median Value of Any Non-Financial Assets $4,291 $5,752
Median Installment Loan Debt $57,297 $68,008
Median Lines of Credit Debt $5,717 $8,088
Median Credit Card Debt $482 $684
Median Investment Real Estate Debt $8,521 $9,168
Median Other Debt $12,231 $15,898
Median Total Debts $141,849 $189,194
     

Occupation

Faribault Minnesota
     
Occupations: White Collar 9,659 2,278,356
Occupations: Blue Collar 3,123 609,790
     
Business Counts: Professional Specialty Occupations 2,171 486,063
Business Counts: Sales Professionals 257 70,954
Business Counts: Technologies and Technicians 460 116,590
Business Counts: Sales Workers and Clerks 1,033 255,957
Business Counts: Administrative Support 2,159 546,853
Business Counts: Technical, Sales and Administrative: Field Occupations 26 7,745
Business Counts: Private Household 1 125
Business Counts: Protective Services 210 35,674
Business Counts: Other Services: Site Based 1,809 394,267
Business Counts: Other Services: Field Based 81 17,041
Business Counts: Farming, Forestry, and Fishing 240 51,903
Business Counts: Precision, Craft, and Repair: Site Based 1,348 254,098
Business Counts: Construction, Repair and Mining: Field Based 347 71,649
Business Counts: Machine Operators, Assemblers and Inspectors 454 75,621
Business Counts: Transportation Materials Moving Workers 354 79,671
Business Counts: Handlers, Helpers and Laborers 380 76,848
     
Employees: Agricultural, Forestry, Fishing 89 27,729
Employees: Mining 0 2,221
Employees: Construction 552 121,617
Employees: Manufacturing 2,121 333,933
Employees: Transportation and Communications 393 115,191
Employees: Wholesale Trade 141 138,489
Employees: Retail Trade 2,864 568,221
Employees: Finance, Insurance and Real Estate 533 197,089
Employees: Services 4,453 1,228,863
Employees: Public Administration 1,640 154,793
     

Transportation & Commute

Faribault Minnesota
Median Travel Time to Work 12.05 18.65
Transportation to Work: Public 1 % 3 %
Transportation to Work: Drive / Carpool 92 % 88 %
Transportation to Work: Walk / Bike / Other 5 % 4 %
Transportation to Work: Work at Home 2 % 5 %
     

Crime Risk

Faribault Minnesota
Total Crime Risk 97 80
     
Personal Crime Risk 55 53
Murder Risk 5 42
Rape Risk 197 124
Robbery Risk 20 51
Assault Risk 44 46
     
Property Crime Risk 116 85
Burglary Risk 110 73
Larceny Risk 144 95
Motor Vehicle Theft Risk 59 60
     

Temperature & Rain

Faribault Minnesota
Average January High Temperature 21.9 19.22
Average January Low Temperature 1.3 -.82
Average July High Temperature 83 81.62
Average July Low Temperature 60.2 59.05
     
Annual Precipitation 31.64 27.74
     

Weather Risk Index

Faribault Minnesota
Weather Risk 39 43
Earthquake Risk 11 12
Hail Index 109 118
Hurricane Index 0 0
Tornado Index 81 85
Wind Index 43 79
     

Environmental Quality Index

Faribault Minnesota
Air Pollution Index 84 90
Ozone Index 82 88
Carbon Monoxide Index 103 101
Lead Index 79 81
NO2 Index 82 89
Particulate Matter Index 74 91
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
55021
$54,082
Median Value of Home Equity
Zip
1
55021
$173,239
Fastest Growing (change since 2000)
Zip
1
55021
6 %
Longest Commute
Zip
1
55021
13.67
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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