Faribault vs Minnesota Lake
Side-by-side comparison
How does Faribault, MN compare to Minnesota Lake, MN? Faribault has a population of 24,458 with a median household income of $61,662, while Minnesota Lake has 621 residents and a median income of $62,875. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Faribault, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 24,458 | 621 | +3838.5% |
| Median Age | 38.4 | 45.5 | -15.6% |
| Foreign Born % | 14.1% | 0% | +1410.0% |
| Metric | Faribault | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $61,662 | $62,875 | -1.9% |
| Unemployment | 5.7% | 3.9% | +46.2% |
| Poverty Rate | 15.9% | 12.1% | +31.4% |
| Bachelor's+ | 17.5% | 18.7% | -6.4% |
| Metric | Faribault | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $233,900 | $126,600 | +84.8% |
| Median Rent | $1041/mo | $950/mo | +9.6% |
| Housing Units | 9,363 | 312 | +2901.0% |