Faribault city: Median Household Income Trend
How Faribault city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$50,147
2023
$61,662
Total change
+$11,515
% change
+23%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $50,147 | — |
| 2019 | $50,702 | +$555 (1.1%) |
| 2020 | $54,832 | +$4,130 (8.1%) |
| 2021 | $55,229 | +$397 (0.7%) |
| 2022 | $58,881 | +$3,652 (6.6%) |
| 2023 | $61,662 | +$2,781 (4.7%) |