Real Estate details: Merrill MI vs Faribault MN
RE Insights
| Metric | Merrill | Faribault |
|---|---|---|
| Population | 678 | 24,518 |
| Median Home Price | $125,000 | $226,000 |
| Rent | 22% | 36% |
| Own | 78% | 64% |
Real Estate Insights Comparison: Merrill vs Faribault
- The population in Faribault is greater at 24,518 compared to 678 in Merrill.
- The median home price in Faribault is higher at $226,000 compared to $125,000 in Merrill.
- The rent percentage in Faribault is higher at 36% compared to 22% in Merrill.
- A greater percentage of homeowners in Merrill at 78% 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.