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2024 Compare Cities Housing:
Hutchinson, MN vs Faribault, MN

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Highlights
- The median age of a home in Hutchinson is 32.4% younger than the median age of a home in Faribault.

Housing
 Hutchinson, MNFaribault, MNUnited States
 Median Home Age374942
 Median Home Cost$255,400$256,800$338,100
 Home Appr. Last 12 months11.0%12.2%16.6%
 Home Appr. Last 5 yrs.45.3%47.9%57.0%
 Home Appr. Last 10 yrs.89.8%94.0%101.1%
 Property Tax Rate$13.9$11.4$11.0
 Homes Owned63.6%62.4%57.4%
 Housing Vacant6.5%5.0%11.2%
 Homes Rented29.9%32.6%31.4%
 space
 Avg Rent For Home Or Apartment
 Hutchinson, MNFaribault, MNUnited States
 Average Rent$1,170$1,200$1,840
 Studio Apartment$630$660$1,080
 1 Bedroom Home or Apartment$640$670$1,180
 2 Bedroom Home or Apartment$840$890$1,430
 3 Bedroom Home or Apartment$1,190$1,220$1,860
 4 Bedroom Home or Apartment$1,430$1,390$2,160
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 Vacant Housing
 Hutchinson, MNFaribault, MNUnited States
 Vacant For Rent2.3%0.6%1.9%
 Vacant Rented0.5%0.3%0.4%
 Vacant For Sale1.4%0.0%0.7%
 Vacant Sold0.6%0.3%0.4%
 Vacant Vacation0.1%0.6%3.6%
 Vacant Other1.6%3.2%4.1%
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 Owner-Occupied Housing Value
 Hutchinson, MNFaribault, MNUnited States
 Less Than $20,0003.9%5.0%2.6%
 $20,000 to $39,9996.0%3.7%2.4%
 $40,000 to $59,9990.0%0.7%2.8%
 $60,000 to $79,9990.8%1.5%3.9%
 $80,000 to $99,9993.7%4.5%4.5%
 $100,000 to $149,99926.5%20.6%11.3%
 $150,000 to $199,99923.1%23.1%13.0%
 $200,000 to $299,99925.9%27.9%20.1%
 $300,000 to $399,9997.6%9.5%13.6%
 $400,000 to $499,9991.0%1.9%8.3%
 $500,000 to $749,9990.8%0.3%9.7%
 $750,000 to $999,9990.5%0.0%3.9%
 $1,000,000 to $1,499,9990.0%1.1%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.4%0.2%1.1%
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 Housing Units By Year Built
 Hutchinson, MNFaribault, MNUnited States
 2015 and Newer0.0%0.2%0.2%
 2010 to 201417.6%14.4%13.6%
 2000 to 200917.6%14.4%13.6%
 1990 to 199915.5%11.6%13.6%
 1980 to 198919.6%7.7%13.2%
 1970 to 197915.3%14.2%14.8%
 1960 to 196915.5%11.6%13.6%
 1950 to 19597.0%12.0%10.0%
 1940 to 19492.0%4.7%4.7%
 1939 or Earlier10.4%22.3%12.2%

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Reviews for Hutchinson    2 Reviews

This is a small town with lots of technical employment opportunities. Two major companies here are Hutchinson Technology and 3-M. It's a small town with low crime  More

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Over 18 years ago

Lots of maufacturing jobs in relation to the size of the town. The price of real estate is high in relation to the rest tof the  More

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Reviews for Faribault    0 Reviews

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ZIPS IN HUTCHINSON, MINNESOTA
55350
ZIPS IN FARIBAULT, MINNESOTA
55021

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