55021 ZIP Code – Faribault, Minnesota

55021 is a large ZIP code in Faribault, Minnesota, part of Rice County with a population of approximately 30,973 residents. The median household income is $66,742 — near the Minnesota average and near the national average. At $244,700, median home values run near the national average, with 71.8% owner-occupied housing (increasing). , with median rent coming in at $1,047 — near the national figure. Housing consists of 75% single-family (increasing), 14% apartments (decreasing), 6% duplex/multi-family.

The area reports an unemployment rate of 4.8%, near the national average. The poverty rate is 13.3%, near the national average. About 20.2% of residents have completed a four-year degree, below the national rate. At 40.4, the median age is near the national figure. Neighboring ZIP codes include 55087, 55019, 55049.

ZIP Code 55021 Data

Population 30,973
Median Household Income $66,742
Median Home Value $244,700
Median Rent $1,047
Median Age 40.4
Unemployment Rate 4.8%
Poverty Rate 13.3%
Bachelor's Degree or Higher 20.2%
County Rice County
State Minnesota

ZIP 55021 vs. Minnesota vs. U.S.

MetricZIP 55021MN Avg.U.S. Avg.
Population30k6,53110k
Median Household Income$66k$77k$73k
Median Home Value$244k$223k$258k
Median Rent$1,047$954$1,088
Median Age40.443.243.2
Unemployment Rate4.8%4.0%5.0%
Poverty Rate13.3%9.9%13.3%
Bachelor's Degree or Higher20.2%26.4%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
55087 WARSAW 414 $121,979
55019 DUNDAS 2,167 $113,250
55049 MEDFORD 2,620 $87,940
55052 MORRISTOWN 1,849 $78,958
55053 NERSTRAND 1,037 $94,205