County profile
Faribault County, MN
United States · GDP 2024
#2035 of 3,127 US counties by GDPtop-quartile growthmore diversified than 32% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$788.4M
BEA · 2024
GDP growth (YoY)
+8.3%
BEA · 2024
Jobs tracked
3,758
Census CBP · 2023
Employers
379
Census CBP · 2023
Avg. wage
$50.7k
BLS QCEW · 2023
Population
13,888
Census PEP · 2025
Labor, income & education
Unemployment
5.1%
Median HH income
$66.8k±$4.2k
Bachelor's degree+
21.8%±1.6%
Poverty rate
10.4%±1.8%
Business applications
129 · 2025
Retail establishments
54
38.8/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Manufacturing35%
Health care25%
Retail trade15%
Food & accommodation10%
Other services8%
Construction7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
13,888
residents · 2025 · -0.1% since 2020
Income per capita $57.7k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+179
International migration+50
Natural change−237
GDP trend
2019–2024 · nominal
$501.9M2019
$521.8M2020
$638.0M2021
$741.7M2022
$728.0M2023
$788.4M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$135.3k±$9.8k
Median gross rent
$799/mo±$93/mo
Vacancy rate
11.9%±2.1%
Affordability
2.7× wages
Residential permits
$1.8M
6 units · 0.4/1k pop
FEMA risk score
45.5
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Drought 94Winter weather 81Hail 76
FHFA HOUSE PRICE INDEX · 2016–2025
1792016
1842017
1962018
2102019
2072020
2292021
2752022
2812023
2912024
3192025
RESIDENTIAL PERMITS · 2021–2025
↓ -60% since 2021152021
72022
52023
82024
62025
Transport access
BTS · FAA · USACE
Nearest interstate
2.5 km
I-90
Nearest freight rail
8.8 km
UP
Nearest port
132.1 km
HARVEST STATE COOPERATIVES, SAVAGE ELEVATOR WHARF
Nearest commercial airport
75.9 km
MASON CITY MUNI
Wage trend
BLS QCEW · 2019–2023$50.7k
avg. annual pay · +23% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Faribault?
Faribault's economy produced $788.4M in 2024, growing 8.3% year over year — faster than most US counties. Its largest employment sector is manufacturing.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.