Real Estate details: Austin TX vs Faribault MN
RE Insights
| Metric | Austin | Faribault |
|---|---|---|
| Population | 974,447 | 24,518 |
| Median Home Price | $572,000 | $226,000 |
| Rent | 56% | 36% |
| Own | 44% | 64% |
Real Estate Insights Comparison: Austin vs Faribault
- Austin has a larger population of 974,447 compared to 24,518 in Faribault.
- A higher median home price of $572,000 is found in Austin compared to $226,000 in Faribault.
- Rent in Austin is higher at 56% compared to 36% in Faribault.
- More homeowners can be found in Faribault at 64% compared to 44% in Austin.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.