EconPulse

county

Faribault County, Minnesota

MN · population 13,914 · GEOID 27043

No score yet. It is computed when the file is built.

Median gross rent is better than the national figure.

U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · pulled 2026-10-31

data 2026.10 · built 2026-10-31 · pulled 2026-10-31

Population

13,914

0.24% of Minnesota · 13,914 of 5,739,445

Receipt U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · pulled 2026-10-31

Unemployment

4.1%

+0.1 pts above the United States

2024-012026-09

This placeUnited States

Table, 32 periods
Unemployment, against United States
PeriodThis placeUnited StatesMargin
2024-014.1%4.1%—
2024-024.2%4.2%—
2024-033.8%3.9%—
2024-043.3%3.5%—
2024-053.0%3.7%—
2024-063.7%4.3%—
2024-073.6%4.5%—
2024-083.0%4.4%—
2024-092.4%3.9%—
2024-102.4%3.9%—
2024-112.9%4.0%—
2024-123.7%3.8%—
2025-015.1%4.4%—
2025-025.4%4.5%—
2025-035.2%4.2%—
2025-044.2%3.9%—
2025-053.8%4.0%—
2025-064.1%4.4%—
2025-074.0%4.6%—
2025-083.9%4.5%—
2025-093.8%4.3%—
2025-114.9%4.3%—
2025-125.6%4.1%—
2026-016.7%4.7%—
2026-026.5%4.7%—
2026-036.2%4.3%—
2026-044.8%4.0%—
2026-054.2%4.1%—
2026-065.1%4.4%—
2026-074.9%4.4%—
2026-084.6%4.3%—
2026-094.1%4.0%—

Receipt U.S. Bureau of Labor Statistics · Local Area Unemployment Statistics · LAUCN270430000000003 · 2026-09 · pulled 2026-10-31

Median gross rent

$799

better than the United States

This place $799
Minnesota $1,280
United States $1,413

Receipt U.S. Census Bureau · American Community Survey 5-Year · B25064 · 2020-2024 · pulled 2026-10-31

Output

$788.4M

+8.3% vs 2023

20162024
Table, 9 periods
Output
PeriodOutputMargin
2016$494.0M—
2017$451.7M—
2018$463.5M—
2019$501.9M—
2020$521.8M—
2021$638.0M—
2022$741.7M—
2023$728.0M—
2024$788.4M—

Minnesota $507.7B · this place is 0.16% of the state

This measure has no national series.

Receipt U.S. Bureau of Economic Analysis · BEA Regional, CAGDP2 · CAGDP2-1 · 2024 · pulled 2026-10-31

Federal obligations

$427,358

−93.7% vs FY2025

FY2021FY2026
Table, 6 periods
Federal obligations
PeriodFederal obligationsMargin
FY2021$2.9M—
FY2022$8.1M—
FY2023$10.1M—
FY2024$20.2M—
FY2025$6.8M—
FY2026$427,358—

This measure has no state or national series.

Receipt USAspending.gov · Federal award obligations by county · spending_by_geography · FY2026 · pulled 2026-10-31

More about this place

Median age 44.3 U.S. Census Bureau · 2020-2024
Bachelor's degree or higher 21.8% U.S. Census Bureau · 2020-2024
Poverty rate 10.4% U.S. Census Bureau · 2020-2024
Labor force participation 63.3% U.S. Census Bureau · 2020-2024
Median home value $135,300 U.S. Census Bureau · 2020-2024
Median household income $66,815 U.S. Census Bureau · 2020-2024
Unemployment rate, five-year average 3.4% U.S. Census Bureau · 2020-2024
Consumer price index (United States) 336 U.S. Bureau of Labor Statistics · 2026-09-01
30-year fixed mortgage rate (United States) 7.2% Freddie Mac · 2026-10-29
Share of Minnesota 0.24% U.S. Census Bureau · 2020-2024