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Faribault, MN

City in Rice County, Minnesota. ZIP codes: 55021.

Population

24,631

Land area

15.7sq mi

People per sq mi

1,568

ZIP codes

1

Faribault and its ZIP codes

Faribault at a glance

  • Faribault is about 22 times as dense as Minnesota as a whole.
  • By population, it ranks 44th among 914 cities and towns in Minnesota.
  • The median household income is $61,449, 31% below the Minnesota median of $89,062.
  • A typical owner-occupied home is valued at $241,500 (27% below Minnesota) and median rent is $1,074 a month.

Local data for Faribault, MN

Counts from official public data

Housing and community stats

Faribault, MN, American Community Survey 2020-2024

Full profile

Median household income

$61,449

Poverty rate

16.4%

Median home value

$241,500

Median rent

$1,074/mo

Homeownership

66.1%

Bachelor's or higher

17.6%

Median age

38.7

Average commute

19.0 min

Largest reported origins and ancestries: German Americans (5,940), Somali Americans (2,717), Mexican Americans (2,419).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Rice County. PPP loans are for Faribault.

Details

Unemployment rate

4.9%

Aug 2026, +0.9 pts in a year

Average annual pay

$61,410

26,450 jobs, 2025

Income per person

$57,160

BEA, 2024

Federal spending

$396M

FY 2026, $5,902 per person

PPP loans

$76.39M

1,045 loans, 9,212 jobs reported

Rice County economyFederal spendingPPP loans

How people get to work

Faribault, MN, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone71.1%
  • Carpooled15.8%
  • Public transit0.1%
  • Walked2.7%
  • Bicycle1.4%
  • Taxi, ride-hailing, motorcycle or other3.1%
  • Worked from home5.9%

Average one-way commute: 19.0 minutes for people who do not work from home.

Environment and hazard risk

Faribault, MN, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively Low

Top: strong wind

Storm events since 1996

501

Countywide, mostly hail

Flood insurance policies

69

0.3% of homes, county

July high / Jan low

82° / 5°F

35.5 inches of rain a year

Hazards, floods and storm historyCheck a flood zone41 historic places

Health statistics

Share of adults in Faribault, MN, CDC PLACES estimates

All 40 measures

Obesity

42.5%

U.S. 33.3% +9.2 pts

Diabetes

12.8%

U.S. 12.1% +0.7 pts

Smoking

19.1%

U.S. 12.8% +6.3 pts

Uninsured (18-64)

12.6%

U.S. 11.1% +1.5 pts

ZIP codes in Faribault

1 in or overlapping Faribault. Population shown

·

Cities near Faribault

NameDistanceLand area (sq mi)
WarsawCensus-designated place5.7 mi0.9
MedfordCity9.1 mi1.2
DundasCity9.4 mi1.8
MorristownCity10 mi1.1
NerstrandCity11 mi1.4
NorthfieldCity12 mi8.5
DennisonCity14 mi1.3
OwatonnaCity14 mi15.2
KenyonCity14 mi2.3
LonsdaleCity14 mi2.6
KilkennyCity15 mi0.1
WatervilleCity16 mi1.7
MontgomeryCity18 mi2.5
Elko New MarketCity18 mi3.8
WasecaCity19 mi4.3
RandolphCity20 mi1

Frequently asked questions

What county is Faribault, MN in?
Faribault is in Rice County, Minnesota.
What ZIP codes are in Faribault, MN?
ZIP codes in or overlapping Faribault include 55021.
What is the population of Faribault, MN?
About 24,631 people live in Faribault, based on American Community Survey 5-year estimates.
What cities are near Faribault?
Nearby places include Warsaw (5.7 mi), Medford (9.1 mi), Dundas (9.4 mi), Morristown (10 mi), Nerstrand (11 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023