Market insights · Minnesota
Faribault County, MN: growth, migration and housing
Faribault County has 13,888 residents, down 0.1% since 2020 (-0.1% in the last year). In 2022–2023, 310 households moved in and 338 moved out (-28 net), while a net $1.1M of income left. Median household income is $66,815, the median home $135,300 and median rent $799 a month.
In Minnesota: 54th of 87 counties for 5-year population growth · 43rd of 87 counties for net in-migration (per resident) · 79th of 87 counties for median household income · 85th of 87 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Faribault County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Blue Earth County, MN | 53 | $2.4M |
| Martin County, MN | 33 | $1.4M |
Where leavers went
Top counties by households leaving Faribault County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Blue Earth County, MN | 50 | $1.9M |
| Martin County, MN | 39 | $1.6M |
| Freeborn County, MN | 24 | $1.5M |
BizyFi in Faribault County
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.