Faribault, MN Real Estate
Faribault, Minnesota is located in Rice County. Nearby cities and towns include Warsaw, Medford, Dundas, Morristown, Nerstrand, Northfield, Lonsdale, Dennison, Owatonna, Kenyon, Kilkenny, Waterville, Montgomery, Waseca, Elko New Market, Randolph, Elysian, West Concord, Heidelberg, Claremont, New Prague, Le Center, Cannon Falls, Wanamingo, and Janesville. Faribault is a suburban community with a population of 23,820. The median household income is $48,082. In Faribault, 43% of residents are married, and families with children reside in 33% of the households. Half the population of Faribault commutes 12 minutes or less to work, with 62% of residents holding white collar jobs and 38% residents holding blue collar jobs. The median age of homes in Faribault, MN is 37 years, with 61% of those homes owned, 31% rented, and 8% not occupied. In the previous year, 378 Faribault properties were sold. The median sale price of a home in Faribault in the previous year was $120,300.