Faribault, MN Employment - Median Household Income, Unemployment Rate

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C-

15%

Income/capita NAT. AVG.

1%

Household income NAT. AVG.

22%

Unemployment NAT. AVG.

Index	Faribault	Minnesota	National
Income per capita	$38,113	$49,588	$44,883
Median household income	$81,911	$92,370	$81,333
Median income owner occupied	$112,548	$117,544	$106,172
Median income renter occupied	$42,050	$52,026	$52,080
Median earnings male	$49,768	$60,747	$54,343
Median earnings female	$47,008	$42,223	$38,439
Unemployment rate	3.8%	3.6%	4.9%
Poverty level	16.3%	10.8%	15.1%

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Key findings

The income per capita in Faribault is 15% lower than the national average
The median household income in Faribault is 1% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Faribault is 22% 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

$54,601 $81,911 $163,822

City

$61,573 $92,370 $184,740

State

$54,216 $81,333 $162,666

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	946	$161,561	98.6%
Lonsdale, MN	4,186	$143,322	76.2%
Dundas, MN	1,804	$141,475	73.9%
Medford, MN	1,254	$117,998	45.1%
Northfield, MN	21,004	$104,213	28.1%
Faribault, MN	24,714	$81,911	0.7%

Cities with similar population

City	Population	Household Income	National Avg.
Waverly, MI	24,722	$97,956	20.4%
Fort Dodge, IA	24,700	$67,304	17.2%
Rosemont, CA	24,690	$106,928	31.5%
Chantilly, VA	24,744	$196,505	141.6%
Grande Prairie County No. 1, AB	24,756	n/a
Faribault, MN	24,714	$81,911	0.7%

Source: The Faribault, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.