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2024 Compare Cities Economy:
Faribault, MN vs West Palm Beach, FL

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Highlights
- Household income in West Palm Beach, is 2% more than it is in Faribault and is 22% below the National Average.
- Faribault unemployment rate is 4.2%.
- West Palm Beach unemployment rate is 5.0%.

Economy
 Faribault, MNWest Palm Beach, FLUnited States
 Unemployment Rate4.2%5.0%6.0%
 Recent Job Growth2.2%1.4%1.6%
 Future Job Growth37.9%39.4%33.5%
 Sales Taxes7.4%7.0%6.2%
 Income Taxes7.1%0.0%4.6%
 Income per Cap.$27,743$36,247$37,638
 Household Income$55,229$56,549$69,021
 Family Median Income$69,841$67,432$85,028
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 Est. Households By Income
 Faribault, MNWest Palm Beach, FLUnited States
 Income Less Than 15K8.8%12.2%9.4%
 Income between 15K and 20K3.7%4.9%3.8%
 Income between 20K and 30K10.9%10.2%8.1%
 Income between 30K and 40K12.9%7.9%8.0%
 Income between 40K and 50K9.1%8.9%7.6%
 Income between 50K and 60K8.4%8.5%7.2%
 Income between 60K and 75K10.9%9.8%9.6%
 Income between 75K and 100K14.1%11.5%12.8%
 Income between 100K and 150K13.4%14.4%16.3%
 Income between 150K and 200K4.8%5.4%7.8%
 Income greater than 200K3.0%6.4%9.5%
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 Population By Occupation
 Faribault, MNWest Palm Beach, FLUnited States
 Management, business, finance8.2%14.8%16.4%
 Engineering, computers, science3.5%5.1%6.5%
 Community, social services2.1%1.9%1.8%
 Legal0.0%1.6%1.2%
 Education, library5.4%4.5%6.2%
 Arts, design, media, sports, entertainment1.7%3.5%2.0%
 Healthcare practitioners and technology3.1%5.2%6.2%
 Healthcare support6.0%4.7%3.3%
 Firefighters, law enforcement1.2%2.5%2.1%
 Food preparation, serving6.1%7.7%5.4%
 Building maintenance3.8%5.4%3.6%
 Personal care3.2%3.5%2.6%
 Sales, office, administrative support20.0%20.9%20.9%
 Farming, fishing, forestry0.9%0.7%0.6%
 Construction, extraction, maintenance/repair9.3%7.8%8.1%
 Production, transportation, material moving25.3%10.3%13.1%

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Reviews for Faribault    0 Reviews

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Reviews for West Palm Beach    51 Reviews

Over 7 years ago

Palm Beach county is getting over crowded at least from point of view. High property taxes and home owners insurance (due to hurricanes) traffic is getting worse.   More

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Over 8 years ago

I couldn't think of a better place to live. There are so many things to do around town. Traffic in not bad, for the most part. There's a good mix of cultural diversity.  More

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Over 8 years ago

Why is Cultural diversity considered a pro for West Palm  More

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ZIPS IN FARIBAULT, MINNESOTA
55021
ZIPS IN WEST PALM BEACH, FLORIDA
33417 33409 33407 33401 33405

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