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Population Review

Faribault, Minnesota Population 2026

Updated April 2026 · US Census ACS 2023 5-Year Estimates

The population of Faribault, Minnesota is 24,458 as of the 2023 American Community Survey, making it the 44th-largest city in Minnesota. The median household income is $61,662, the median home value is $233,900, and the median age is 38.4.

The population has grown 7.0% since 2010 (23,356 → 24,983).

24,458

Population

1557

People / sq mi

$61,662

Median Income

$233,900

Median Home Value

Faribault covers 15.7 sq mi of land at 1557 people per square mile.

About Faribault, MN

Faribault is a city in Minnesota with a population of 24,458. It ranks #44 among cities in Minnesota by population. The median age is 38.4, in line with the national median. The population is 53.7% male and 46.3% female.

The median household income in Faribault is $61,662, below the US median of $74,580. 11.1% of residents live below the federal poverty level. Home values sit at a median of $233,900, with monthly rent averaging $1,041. The homeownership rate of 65.4% is close to the national rate of 64.8%.

Educational attainment in Faribault reflects 17.5% of adults 25 and older holding a bachelor's degree or higher, below the national average of 34.3%. Roughly 5.3% of workers primarily work from home, below the national work-from-home rate of 14.2%. The average commute is 19.7 minutes each way.

Faribault city Population History (2010-2024)

The city of Faribault city had a population of 23,356 in 2010 and 24,983 in 2024, a 7.0% growth over 14 years. The peak was 24,983 in 2024. Average annual growth rate: 0.48%.

2024 · 25K20102024

24,983

Population (2024)

23,356

Population (2010)

24,983

Peak (2024)

0.48%

Avg Annual Growth

YearPopulation
201023,356
201123,404
201223,390
201323,405
201423,528
201523,617
201623,767
201723,809
201823,849
201923,897
202024,454
202124,454
202224,463
202324,808
202424,983

Race & Ethnicity

White69.0%
Black or African American15.5%
Asian0.0%
Hispanic or Latino (any race)2.1%
Two or More Races0.0%

Economy & Income

$61,662

Median Household Income

$32,009

Per Capita Income

11.1%

Poverty Rate

3.3%

Unemployment Rate

Housing

$233,900

Median Home Value

$1,041

Median Rent

65.4%

Owner-Occupied

Education

88.3%

High School+

17.5%

Bachelor's+

Commute

0.2%

Drive Alone

71.6%

Public Transit

5.3%

Work From Home

19.7 min

Avg Commute

Community Profile

19.0%

Foreign Born

78.5%

Non-English at Home

7.7%

Veterans

13.2%

With Disability

91.0%

Health Insurance

93.2%

Internet Access

Employment by Industry

Professional, Scientific & Management23.3%
Manufacturing23.2%
Education, Health Care & Social Services8.0%
Finance, Insurance & Real Estate7.4%
Construction6.7%
Public Administration5.0%
Retail Trade4.7%
Information3.6%
Arts, Entertainment & Food Services3.3%
Agriculture & Mining2.0%
Transportation & Warehousing0.4%

Largest cities in Minnesota

Largest counties in Minnesota

Part of Minnesota

Metro areas in Minnesota

City rankings

Frequently Asked Questions

Faribault, Minnesota has a population of 24,458 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 44th-largest city in Minnesota.

The median household income in Faribault, Minnesota is $61,662, with 11.1% of residents living below the federal poverty level.

The median home value in Faribault, Minnesota is $233,900, with median monthly rent at $1,041 and a homeownership rate of 65.4%.

The median age in Faribault, Minnesota is 38.4 years. The population is 53.7% male and 46.3% female.

The population has grown 7.0% since 2010 (23,356 → 24,983).

Data from the American Community Survey (ACS) 5-Year estimates.

Source: U.S. Census Bureau ACS, 2026.