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
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ZIP 55021 vs. Minnesota vs. U.S.
| Metric | ZIP 55021 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 30k | 6,531 | 10k |
| Median Household Income | $66k | $77k | $73k |
| Median Home Value | $244k | $223k | $258k |
| Median Rent | $1,047 | $954 | $1,088 |
| Median Age | 40.4 | 43.2 | 43.2 |
| Unemployment Rate | 4.8% | 4.0% | 5.0% |
| Poverty Rate | 13.3% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 20.2% | 26.4% | 26.9% |
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Nearby ZIP Codes
- 55087 – Warsaw
- 55019 – Dundas
- 55049 – Medford
- 55052 – Morristown
- 55053 – Nerstrand
- 55046 – Lonsdale
- 55057 – Northfield
- 56052 – Kilkenny
- 55946 – Kenyon
- 56069 – Montgomery
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 |