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Compare Faribault to New Hope

This post compares Faribault, Minnesota to New Hope, Minnesota across various dimensions, including population, median income, median age, percentage of housing that is rental, percent of households with kids, and other demographics.

Dimension Faribault (city) New Hope (city)
Population 23,577 20,909
Income (median) $40,566 $48,367
Home Value (median) $143,900 $202,400
White 78% 68%
Black 11% 21%
Asian 2% 3%
With Kids 31% 29%
Age (median) 37 38
Rentals 34% 44%

Questions and Answers:

Q: Which is more populated, Faribault or New Hope?
A: Faribault has a similar population count than New Hope: 23577 compared with 20909 total people.

Q: Do incomes tend to be higher in Faribault or in New Hope?
A: Incomes are on average lower in Faribault.

Q: Are homes more expensive in Faribault or New Hope?
A: Homes tend to be less expensive in Faribault.

Q: Which has a higher percentage of housing rental units?
A: New Hope does. The percentage of rentals differs quite a bit: 34% for Faribault versus 44% for New Hope.

Somewhat similar in-state cities, towns, and CDPs to Faribault may include: Crystal, Austin, and Burnsville.

The statistics and analyses on this page are based on data from the U.S. Census American Community Survey.

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