Faribault vs Bloomington
| Faribault | Bloomington | |
|---|---|---|
| Population | 24,418 | 89,244 |
| Median Household Income | $61,449 | $93,211 |
| Median Home Value | $241,500 | $361,700 |
| Median Gross Rent | $1,074/mo | $1,561/mo |
| Homeownership Rate | 66.1% | 65.7% |
| Unemployment Rate | 5.4% | 4.8% |
| Bachelor's Degree or Higher | 17.6% | 46.2% |
| Median Age | 38.7 | 41.1 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.