Faribault, MN Employment - Median Household Income, Unemployment Rate

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C-

13%

Income/capita NAT. AVG.

1%

Household income NAT. AVG.

21%

Unemployment NAT. AVG.

Index	Faribault	Minnesota	National
Income per capita	$26,095	$33,225	$29,829
Median household income	$54,832	$63,217	$55,322
Median income owner occupied	$76,826	$77,618	$70,586
Median income renter occupied	$28,730	$34,348	$35,192
Median earnings male	$34,519	$40,933	$36,919
Median earnings female	$32,538	$29,114	$26,250
Unemployment rate	3.7%	3.4%	4.7%
Poverty level	16.3%	10.8%	15.1%

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Key findings

The income per capita in Faribault is 13% lower than the national average
The median household income in Faribault is 1% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Faribault is 21% lower than the national average
The poverty level in Faribault is 8% higher than the national average

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am i middle class

$36,551 $54,832 $109,664

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Faribault median earnings by income bracket

Faribault employment by industry

Labour Type	Male	Female
Construction industry	13.2%	13.2%
Manufacturing sector	30.8%	30.8%
Financial & insurance services	0.8%	0.8%
Wholesale & retail services	15.2%	15.2%
Public administration	2.3%	2.3%
Transportation, warehousing & utilities	5.4%	5.4%
Education, health & social services	15.1%	15.1%
Other	16.2%	16.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Warsaw, MN	925	$106,705	92.9%
Lonsdale, MN	4,102	$95,398	72.4%
Dundas, MN	1,761	$94,286	70.4%
Medford, MN	1,220	$78,929	42.7%
Northfield, MN	20,399	$69,407	25.5%
Faribault, MN	23,853	$54,832	0.9%

Cities with similar population

City	Population	Household Income	National Avg.
Columbus, MS	23,853	$34,551	37.5%
Lathrop, CA	23,863	$90,179	63.0%
Calabasas, CA	23,842	$136,138	146.1%
Saginaw, TX	23,835	$89,533	61.8%
Forney, TX	23,871	$93,792	69.5%
Faribault, MN	23,853	$54,832	0.9%

Source: The Faribault, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).