Quick facts: Faribault, MN

103.2
Cost of Living
above average
24518
Population
22.39
Crime Rate per 1000
below average
$58,881
Median Income
below average
$285,000
Median House Price
above average
$1500
Average Rent
above average
8%
Poverty Rate
below average
3.2%
Unemployment Rate
below average

Overview for Faribault, MN

Faribault, Minnesota, is a charming city located in Rice County, positioned roughly 50 miles south of the Twin Cities. With a population of approximately 23,000 residents, it boasts a rich history and a vibrant community atmosphere. The city is a hub for culture and heritage, known for its historic downtown district featuring well-preserved 19th-century buildings and a blend of local shops, eateries, and services. Faribault is surrounded by picturesque landscapes, including beautiful parks and the scenic Cannon River, which offers recreational opportunities such as fishing, kayaking, and biking along the trails. The city is also home to several annual events, including the Faribault Heritage Days, which celebrate local culture and community spirit. Notably, Faribault is recognized for its strong educational institutions and has a commitment to arts and culture, including the renowned Faribault Woolen Mill, one of the oldest woolen mills in the U.S. This vibrant city combines small-town charm with a rich tapestry of history and modern amenities, making it a great place to live, work, and explore.