55021 Zip Code

April 19, 2024

Zip Code:	55021
City/Town:	Faribault
State:	Minnesota

Population:	29,732
Per Capita Income:	$23,659
Mean Household Income:	$62,473

Total Housing Units:	10,748
Median Home Value:	$113,000
Median Year Homes Built:	1965

Land Area:	180.8 sq miles 468.3 sq kilometers
Water Area:	11.9 sq miles 30.8 sq kilometers

Population Information (55021 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

29,732

Male:

15,918

53.5%

49.2%

Female:

13,814

46.5%

50.8%

Median Age:

37.5 yrs

37.2 yrs

Under 5 years:

1,957

6.6%

6.5%

5 to 9 years:

1,990

7.3%

6.6%

10 to 19 years:

4,182

14.1%

13.8%

20 to 29 years:

3,864

13.0%

13.8%

30 to 39 years:

3,845

12.9%

13.0%

40 to 49 years:

4,381

14.7%

14.2%

50 to 59 years:

4,100

13.8%

13.6%

60 to 69 years:

2,630

8.8%

9.4%

70 to 79 years:

1,621

5.5%

5.4%

80 years and over:

1,162

3.9%

3.7%

Housing Information (55021 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$113,000

$119,600

Median year homes build:

1965

1971

Median real estate taxes:

$1,187 / yr.

$1,334 / yr.

Median rent:

$441 / mo.

$519 / mo.

Total households:

10,748

Family households:

7,112

66.2%

66.4%

Nonfamily households:

3,636

33.8%

33.6%

Households with individuals under 18 years:

3,790

35.3%

33.4%

Households with individuals 65 years and over:

2,662

24.8%

24.9%

Average household size:

2.5

Average family size:

3.1

Total housing units:

11,870

Occupied housing units:

10,748

90.5%

88.6%

Vacant housing units:

1,122

9.5%

11.4%

For rent:

279

2.4%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

177

1.5%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

420

3.5%

All other vacants:

194

1.6%

2.8%

Homeowner vacancy rate:

2.2%

2.4%

Rental vacancy rate:

8.7%

9.2%

Owner-occupied housing units:

7,815

Population in owner-occupied housing units:

20,532

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

2,933

Population in renter-occupied housing units:

6,621

Average household size of renter-occupied units:

2.3

2.44

Educational Attainment (55021 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

17,597

Less than 9th grade:

1,344

7.6%

6.2%

9th to 12th grade, no diploma:

1,640

9.3%

8.7%

High school graduate (includes equivalency):

6,416

36.5%

29.0%

Some college, no degree:

4,530

25.7%

20.6%

Associate degree:

1,083

6.2%

7.5%

Bachelor's degree:

1,840

10.5%

17.6%

Graduate or professional degree:

744

4.2%

10.3%

Percent high school graduate or higher:

83.0%

85.0%

Percent bachelor's degree or higher:

14.7%

27.9%

Income Information (55021 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

10,294

34.6%

50.4%

Median income:

$28,567 / yr.

$27,932 / yr.

Full-time, year-round workers:

5,742

19.3%

59.7%

Median income:

$35,766 / yr.

$38,349 / yr.

Females 15 years and over with income:

9,479

31.9%

49.6%

Median income:

$16,967 / yr.

$16,327 / yr.

Full-time, year-round workers:

3,523

11.8%

40.3%

Median income:

$25,683 / yr.

$28,135 / yr.

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