What are the schools like in Faribault, MN?

Faribault is served primarily by FARIBAULT PUBLIC SCHOOL DISTRICT. The district operates 3 elementary schools, 3 middle schools, and 5 high schools with a student-to-teacher ratio of 13.1:1.

What is the median household income in Faribault?

The median household income in Faribault, MN is $58,881 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 6.4%.

What is the weather like in Faribault, MN?

Faribault has an average high temperature of 23.2°F in January and 82.0°F in July. Annual precipitation averages 35.5 inches and annual snowfall averages 43.3 inches.

Faribault, MN Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Faribault, MN affordable or expensive?

Faribault's cost of living index is 97, where 100 represents the national average. This means Faribault is 3% less expensive than the average US city. The median home value is $207,200 and the median rent is $1,044 per month.

Q: What is the crime rate in Faribault, MN?

Faribault has a violent crime rate of 307.6 incidents per 100,000 residents and a property crime rate of 1129.2 per 100,000. The national average violent crime rate is approximately 380 per 100,000.

Is Faribault, MN a Good Place to Live?

Faribault is a small city of 24,418 in Minnesota, with a median household income of $58,881 and a 6.4% unemployment rate. Its cost of living index is 97 (US average = 100), which is 3% below the national average.

Strengths: Faribault stands out for below-average home prices, lower-than-average crime, short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Faribault is right for you depends on your priorities — the full breakdown is below.

All Faribault city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 97.4

Faribault's overall cost of living index is 97.4, where 100 represents the US national average. Living in Faribault costs roughly 3% less than the average American city.

Metric	Faribault, MN	National Avg
Median Home Value	$207,200	$244,900
Median Monthly Rent	$1,044	$1,163
Homeownership Rate	64.2%	65.9%
Median Household Income	$58,881	$74,755

Crime & Safety

Safer than Average

Faribault's violent crime rate is 307.6 per 100,000 residents — 19% lower than the national average of ~380 per 100,000.

Violent Crime

307.6 /100k

Property Crime

1129.2 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Faribault is served primarily by FARIBAULT PUBLIC SCHOOL DISTRICT. The student-to-teacher ratio is 13.1:1 (better than the national average of ~16:1).

Metric	Faribault, MN	National Avg
School District	FARIBAULT PUBLIC SCHOOL DISTRICT	—
Elementary Schools	3	—
Middle Schools	3	—
High Schools	5	—
Student/Teacher Ratio	13.1:1	16:1
Bachelor's Degree or Higher	17.7%	35.4%
High School Diploma or Higher	87.5%	91.1%

Weather & Climate

Faribault sees average highs of 23.2°F in January and 82.0°F in July, with 35.5 inches of annual precipitation and 43.3 inches of snow per year.

Metric	Faribault, MN
Average High — January	23.2°F
Average High — July	82.0°F
Annual Precipitation	35.5"
Annual Snowfall	43.3"

Demographics

Metric	Faribault, MN	National Avg
Population	24,418	—
Median Age	38.7	38.9
Unemployment Rate	6.4%	3.7%
Avg Commute Time	19.2 min	26 min
White (non-Hispanic)	70.9%	59.3%
Black or African American	14.8%	13.6%
Hispanic or Latino	10.0%	18.9%
Asian	1.4%	6.3%
Under 18	22.8%	22.2%
65 and over	17.4%	16.8%

Nearby Cities

Warsaw, MN 5 mi Medford, MN 9 mi Dundas, MN 10 mi Morristown, MN 10 mi Nerstrand, MN 11 mi

ZIP Codes in Faribault

Faribault, MN is covered by 1 ZIP code:

55021

Faribault vs Other Cities

Faribault, MN vs Warsaw, MN Faribault, MN vs Medford, MN Faribault, MN vs Dundas, MN Faribault, MN vs Morristown, MN Faribault, MN vs Nerstrand, MN

Frequently Asked Questions

Is Faribault, MN affordable or expensive?

Faribault's cost of living index is 97, where 100 is the national average. That makes Faribault roughly 3% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $207,200 and median rent is $1,044/month.

What is the crime rate in Faribault, MN?

Faribault's violent crime rate is 307.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1129.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.

What are the schools like in Faribault?

Public schools in Faribault are operated by FARIBAULT PUBLIC SCHOOL DISTRICT. The district has 3 elementary, 3 middle, and 5 high schools. The student-to-teacher ratio is 13.1:1. 17.7% of adults 25+ hold a bachelor's degree or higher.

Is Faribault, MN a good place to live?

Faribault, MN has a population of 24,418, a median household income of $58,881, and an unemployment rate of 6.4%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Faribault?

Faribault averages 23.2°F in January and 82.0°F in July. Annual rainfall is 35.5 inches with about 43.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Faribault?

Faribault, MN is covered by 1 ZIP code: 55021.

What is the population of Faribault?

The population of Faribault, Minnesota is 24,418 with a median age of 38.7. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Faribault?

Key numbers for living in Faribault: cost of living index 97 (100 = US average), median home $207,200, median household income $58,881, crime index 70 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Faribault side by side with your current city to see the trade-offs.