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2024 Compare Cities Economy:
Kasson, MN vs Faribault, MN

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Highlights
- Household income in Faribault, is 34% less than it is in Kasson and is 25% below the National Average.
- Kasson unemployment rate is 4.9%.
- Faribault unemployment rate is 4.2%.

Economy
 Kasson, MNFaribault, MNUnited States
 Unemployment Rate4.9%4.2%6.0%
 Recent Job Growth0.4%2.2%1.6%
 Future Job Growth30.4%37.9%33.5%
 Sales Taxes7.4%7.4%6.2%
 Income Taxes7.1%7.1%4.6%
 Income per Cap.$37,194$27,743$37,638
 Household Income$84,122$55,229$69,021
 Family Median Income$105,069$69,841$85,028
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 Est. Households By Income
 Kasson, MNFaribault, MNUnited States
 Income Less Than 15K3.2%8.8%9.4%
 Income between 15K and 20K3.7%3.7%3.8%
 Income between 20K and 30K0.0%10.9%8.1%
 Income between 30K and 40K6.5%12.9%8.0%
 Income between 40K and 50K8.2%9.1%7.6%
 Income between 50K and 60K6.5%8.4%7.2%
 Income between 60K and 75K13.5%10.9%9.6%
 Income between 75K and 100K17.6%14.1%12.8%
 Income between 100K and 150K25.0%13.4%16.3%
 Income between 150K and 200K11.1%4.8%7.8%
 Income greater than 200K4.7%3.0%9.5%
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 Population By Occupation
 Kasson, MNFaribault, MNUnited States
 Management, business, finance11.1%8.2%16.4%
 Engineering, computers, science6.5%3.5%6.5%
 Community, social services0.8%2.1%1.8%
 Legal0.0%0.0%1.2%
 Education, library8.0%5.4%6.2%
 Arts, design, media, sports, entertainment2.1%1.7%2.0%
 Healthcare practitioners and technology13.2%3.1%6.2%
 Healthcare support3.8%6.0%3.3%
 Firefighters, law enforcement1.1%1.2%2.1%
 Food preparation, serving3.9%6.1%5.4%
 Building maintenance2.7%3.8%3.6%
 Personal care2.5%3.2%2.6%
 Sales, office, administrative support17.3%20.0%20.9%
 Farming, fishing, forestry0.6%0.9%0.6%
 Construction, extraction, maintenance/repair14.4%9.3%8.1%
 Production, transportation, material moving11.9%25.3%13.1%

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ZIPS IN KASSON, MINNESOTA
55944
ZIPS IN FARIBAULT, MINNESOTA
55021

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