Faribault-Northfield Metro Area, Minnesota
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Overview
Metro Area Overview
As of 2009, Faribault-Northfield Metro Area's population is 61,955 people. Since 2000, it has had a population growth of 9.38 percent.
The median home cost in Faribault-Northfield Metro Area is $182,580. Home appreciation the last year has been -2.80 percent.
Compared to the rest of the country, Faribault-Northfield Metro Area's cost of living is 0.80% Higher than the U.S. average.
Faribault-Northfield Metro Area public schools spend $5,494 per student. The average school expenditure in the U.S. is $6,058. There are about 15 students per teacher in Faribault-Northfield Metro Area.
The unemployment rate in Faribault-Northfield Metro Area is 9.70 percent(U.S. avg. is 8.50%). Recent job growth is Positive. Faribault-Northfield Metro Area jobs have Increased by 2.00 percent.
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| Unemployment Rate | 9.70% | 8.50% |
| Recent Job Growth | 2.00% | -3.10% |
| Future Job Growth | 34.40% | 26.40% |
| Sales Taxes | 6.50% | 6.00% |
| Income Taxes | 3.92% | 5.02% |
| Income per Cap. | $23,173 | $24,020 |
| Household Income | $54,881 | $44,684 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 9.64% | 13.64% |
| Income between 15K and 25K | 8.73% | 11.21% |
| Income between 25K and 35K | 10.21% | 11.46% |
| Income between 35K and 50K | 16.35% | 15.84% |
| Income between 50K and 75K | 24.42% | 19.28% |
| Income between 75K and 100K | 14.98% | 11.53% |
| Income between 100K and 150K | 11.60% | 10.70% |
| Income between 150K and 250K | 2.91% | 4.43% |
| Income between 250K and 500K | 0.83% | 1.31% |
| Income greater than 500K | 0.35% | 0.61% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.75% | 13.61% |
| Professional and Related Occupations | 18.91% | 20.24% |
| Service | 15.29% | 14.75% |
| Sales and Office | 23.88% | 26.74% |
| Farming, Fishing, and Forestry | 1.04% | 0.74% |
| Construction, Extraction, and Maintenance | 10.15% | 9.48% |
| Production, Transportation, and Material Moving | 18.98% | 14.44% |
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| Median Home Age | 33 | 27 |
| Median Home Cost | $182,580 | $202,300 |
| Home Appreciation | -2.80% | -4.60% |
| Homes Owned | 73.65% | 64.07% |
| Housing Vacant | 5.81% | 14.48% |
| Homes Rented | 20.34% | 21.45% |
| Property Tax Rate | $10.20 | $13.28 |
| OWNER-OCCUPIED HOUSING UNITS BY VALUE | | |
| Less Than $20,000 | 3.08% | 3.01% |
| $20,000 to $39,999 | 1.26% | 4.37% |
| $40,000 to $59,999 | 1.55% | 5.74% |
| $60,000 to $79,999 | 2.20% | 7.07% |
| $80,000 to $99,999 | 3.34% | 8.41% |
| $100,000 to $149,999 | 20.57% | 19.74% |
| $150,000 to $199,999 | 24.00% | 14.06% |
| $200,000 to $299,999 | 27.26% | 16.59% |
| $300,000 to $399,999 | 9.38% | 8.21% |
| $400,000 to $499,999 | 3.72% | 4.53% |
| $500,000 to $749,999 | 2.60% | 4.75% |
| $1,000,000 or more | 0.53% | 1.86% |
| HOUSING UNITS BY YEAR STRUCTURE BUILT | | |
| 1999 to October 2005 | 11.31% | 10.15% |
| 1995 to 1998 | 6.60% | 6.69% |
| 1990 to 1994 | 7.22% | 6.70% |
| 1980 to 1989 | 11.66% | 14.75% |
| 1970 to 1979 | 17.00% | 17.11% |
| 1960 to 1969 | 10.22% | 12.78% |
| 1950 to 1959 | 7.80% | 11.64% |
| 1940 to 1949 | 4.67% | 6.64% |
| 1939 or Earlier | 23.51% | 13.55% |
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| Percent Religious | 66.40% | 50.03% |
| Catholic | 29.11% | 21.92% |
| Protestant | 32.60% | 19.12% |
| LDS | 0.44% | 1.57% |
| Baptist | 0.95% | 8.16% |
| Episcopalian | 1.13% | 8.12% |
| Pentecostal | 2.01% | 1.89% |
| Lutheran | 24.87% | 2.81% |
| Methodist | 3.63% | 3.84% |
| Presbyterian | 0.00% | 1.33% |
| Other Christian | 4.22% | 4.66% |
| Jewish | 0.00% | 2.16% |
| Eastern | 0.03% | 0.05% |
| Islam | 0.00% | 0.54% |
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