Real Estate details: Fairfield CT vs Faribault MN
RE Insights
| Metric | Fairfield | Faribault |
|---|---|---|
| Population | 62,105 | 24,518 |
| Median Home Price | $470,000 | $226,000 |
| Rent | 28% | 36% |
| Own | 72% | 64% |
Real Estate Insights Comparison: Fairfield vs Faribault
- Fairfield has a larger population of 62,105 compared to 24,518 in Faribault.
- A higher median home price of $470,000 is found in Fairfield compared to $226,000 in Faribault.
- The rent percentage in Faribault is higher at 36% compared to 28% in Fairfield.
- A greater percentage of homeowners in Fairfield at 72% compared to 64% in Faribault.
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.