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2024 Compare Cities Economy:
Faribault, MN vs Venice, FL

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Highlights
- Household income in Venice, is 19% more than it is in Faribault and is 5% below the National Average.
- Faribault unemployment rate is 4.2%.
- Venice unemployment rate is 4.5%.

Economy
 Faribault, MNVenice, FLUnited States
 Unemployment Rate4.2%4.5%6.0%
 Recent Job Growth2.2%2.6%1.6%
 Future Job Growth37.9%42.2%33.5%
 Sales Taxes7.4%7.0%6.2%
 Income Taxes7.1%0.0%4.6%
 Income per Cap.$27,743$66,961$37,638
 Household Income$55,229$65,478$69,021
 Family Median Income$69,841$90,111$85,028
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 Est. Households By Income
 Faribault, MNVenice, FLUnited States
 Income Less Than 15K8.8%7.4%9.4%
 Income between 15K and 20K3.7%4.1%3.8%
 Income between 20K and 30K10.9%9.8%8.1%
 Income between 30K and 40K12.9%6.4%8.0%
 Income between 40K and 50K9.1%10.6%7.6%
 Income between 50K and 60K8.4%6.9%7.2%
 Income between 60K and 75K10.9%11.8%9.6%
 Income between 75K and 100K14.1%13.1%12.8%
 Income between 100K and 150K13.4%14.6%16.3%
 Income between 150K and 200K4.8%6.4%7.8%
 Income greater than 200K3.0%9.0%9.5%
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 Population By Occupation
 Faribault, MNVenice, FLUnited States
 Management, business, finance8.2%17.3%16.4%
 Engineering, computers, science3.5%4.0%6.5%
 Community, social services2.1%3.9%1.8%
 Legal0.0%1.9%1.2%
 Education, library5.4%2.9%6.2%
 Arts, design, media, sports, entertainment1.7%4.7%2.0%
 Healthcare practitioners and technology3.1%6.9%6.2%
 Healthcare support6.0%4.5%3.3%
 Firefighters, law enforcement1.2%0.5%2.1%
 Food preparation, serving6.1%7.3%5.4%
 Building maintenance3.8%3.3%3.6%
 Personal care3.2%4.2%2.6%
 Sales, office, administrative support20.0%24.9%20.9%
 Farming, fishing, forestry0.9%0.0%0.6%
 Construction, extraction, maintenance/repair9.3%5.3%8.1%
 Production, transportation, material moving25.3%8.4%13.1%

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Reviews for Faribault    0 Reviews

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Reviews for Venice    16 Reviews

I've have lived in Venice for 16 years. It has a large retirement population. It is a great place to live because of low traffic, low crime rate, relaxed atmosphere,  More

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Over 4 years ago

You gotta remember the reasons you move here. If not forced to, like having to take a job, you'll love it. But do your homework, the avg. age is 60+, so keep that in  More

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I love Venice! I made several visits before calling Venice home and I do not regret it one bit. The locals here are very kind. There is plenty to do (I am not of  More

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ZIPS IN FARIBAULT, MINNESOTA
55021
ZIPS IN VENICE, FLORIDA
34285 34292

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