Faribault County MN Information
Faribault County MN Data & Demographics (As of July 1, 2020)
|Total Population ||14,208 (100%) |
|Population in Households ||13,872 (97.6%) |
|Population in Families ||11,045 (77.7%) |
|Population in Group Quarters1 ||336 ( 2.4%) |
|Population Density ||20 |
|Diversity Index2 ||24 |
|Median Household Income ||$55,860 |
|Average Household Income ||$70,891 |
|% of Income for Mortgage4 || 8% |
|Per Capita Income ||$30,457 |
|Wealth Index5 || 73 |
|Total HU (Housing Units) ||7,032 (100%) |
|Owner Occupied HU ||4,623 (65.7%) |
|Renter Occupied HU ||1,475 (21.0%) |
|Vacant Housing Units ||934 (13.3%) |
|Median Home Value ||$102,003 |
|Average Home Value ||$139,255 |
|Housing Affordability Index3 ||292 |
|Total Households ||6,098 |
|Average Household Size ||2.27 |
|Family Households ||3,926 |
|Average Family Size ||3 |
GROWTH RATE / YEAR
|2010-2020 ||2020-2025 |
|Population ||-0.23% ||-0.22% |
|Households ||-0.22% ||-0.21% |
|Families ||-0.35% ||-0.3% |
|Median Household Income || ||1.19% |
|Per Capita Income || ||1.8% |
|Owner Occupied HU || ||-0.11% |
Faribault County MN - Peer Comparisons by Rank and Percentile
The table below compares Faribault County to the other 87 counties and county equivalents in Minnesota by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Variable Description ||Rank ||Percentile |
|Total Population ||# 59 ||33rd |
|Population Density ||# 56 ||37th |
|Median Household Income ||# 52 ||41st |
|Housing Affordability Index ||# 84 ||97th |
|Per Capita Income ||# 46 ||48th |
|Diversity Index ||# 38 ||57th |
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