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The total population of Faribault County is estimated to be 13,931 with 7,120 males (51.11%) and 6,811 females (48.89%). There are 309 less females than males in Faribault County.
The median household income in Faribault County was $59,651 in 2021, which marked an a decrease of 1,497(2.45%) from $61,148 in 2020. This income is 79.95% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Faribault County sees its highest median household income among householders in the age group of 25 to 44 years old, at $68,884. Overall, the median household income for the county of Faribault County stands at $59,651.
In Faribault County, the median income for all workers aged 15 years and older, regardless of work hours, was $41,548 for males and $27,116 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,001 for males and $43,081 for females.
In Faribault County, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, White households have the highest median household income at $61,970, while Two or More Races households represent the opposite end with the lowest median household income of $41,413.
In 2022, the population of Faribault County was 13,926, a 0.12% increase year-by-year from 2021. Previously, in 2021, Faribault County's population was 13,910, an increase of 0.06% compared to a population of 13,901 in 2020.
The median age in Faribault County, MN is 44.6, as per 2021 ACS 5-Year Estimates. Of the total population, 18.19% were under the age of 15, 15.64% aged 15 to 29, 43.56% aged 30 to 64, 19.02% aged 65 to 84, and 3.59% were 85 years of age and older.
Racial distribution of Faribault County population: 92.96% are White, 0.56% are Black or African American, 0.22% are American Indian and Alaska Native, 0.36% are Asian, 1.53% are some other race and 4.38% are multiracial.