Faribault, a city located in the state of Minnesota (MN), is home to a population of approximately 24,418 people. Faribault boasts a median age of 38.7, with around 23.9% of its residents aged 60 or above. 7.6% of the population identifies as US Veterans. 12.9% of Faribault residents are disabled. The city has an average household income of $58,881, while the unemployment rate stands at 6.4%, and around 15.8% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Faribault is $208,416, with a monthly rent averaging $1,044.