Real Estate details: Faribault MN vs Medford MA
RE Insights
| Metric | Faribault | Medford |
|---|---|---|
| Population | 24,518 | 65,399 |
| Median Home Price | $226,000 | $482,000 |
| Rent | 36% | 47% |
| Own | 64% | 53% |
Real Estate Insights Comparison: Faribault vs Medford
- The population in Medford is greater at 65,399 compared to 24,518 in Faribault.
- The median home price in Medford is higher at $482,000 compared to $226,000 in Faribault.
- The rent percentage in Medford is higher at 47% compared to 36% in Faribault.
- A greater percentage of homeowners in Faribault at 64% compared to 53% in Medford.
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.