Faribault vs Rochester
| Faribault | Rochester | |
|---|---|---|
| Population | 24,418 | 120,848 |
| Median Household Income | $61,449 | $89,389 |
| Median Home Value | $241,500 | $310,500 |
| Median Gross Rent | $1,074/mo | $1,399/mo |
| Homeownership Rate | 66.1% | 65.1% |
| Unemployment Rate | 5.4% | 3.7% |
| Bachelor's Degree or Higher | 17.6% | 50.9% |
| Median Age | 38.7 | 36.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.