Groundwork

Small-town market profile · Minnesota

Faribault-Northfield, MN area market data

Population, household spending and competition for 56 business types in the Faribault-Northfield area, each scored against other small-town markets.

Population, 2025
69,939
+4.2% since 2020
Households
23,493
Median household income
$83,181
+21.3% vs. 2015–2019, before inflation
Median home value
$320,200
Jobs located here
25,685
Highest market score
95
Optometrists and eye care, #1 of 400 scored small-town markets

A site report maps the competitors on map listings around any address in the Faribault-Northfield area by name and distance, and the households and spending within reach. Or open the report at the center of the Faribault-Northfield area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

An estimated 69,939 people live in the Faribault-Northfield area, in 23,493 households. Between 2020 and 2025, the population of the Faribault-Northfield area grew 4.2%, faster than the U.S. (+3.1%). The median household income in the Faribault-Northfield area is $83,181 a year, 3% above the U.S. median of $80,734. That rose 21.3% from the 2015–2019 survey, before inflation.

Set against the U.S., households in the Faribault-Northfield area spend the most on vehicle maintenance and repairs (an index of 120, where 100 is the U.S. average) and the least on child care and other personal services (76).

The highest Groundwork market scores in the Faribault-Northfield area are for optometrists and eye clinics (95), barbershops (93) and spas and skin care studios (90). The Faribault-Northfield area ranks #1 of 400 scored small-town markets for optometrists and eye clinics.

The Faribault-Northfield area is made up of one county, Rice County. For its number of households, the Faribault-Northfield area has the most map listings, relative to the U.S., for HVAC and plumbing companies (56% above the U.S. rate) and the fewest for spas and skin care studios (56% below the U.S. rate).

All 56 business types in the Faribault-Northfield area

Highest Groundwork market score first. Each score compares the Faribault-Northfield area with other small-town markets for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Faribault-Northfield, MN area, highest Groundwork market score first, with its rank among small-town markets, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among small-town marketsListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Optometrists and eye care95#1 of 40052.1$6.9M221Under 3
Barbershops93#4 of 37752.1$4.9M257Under 3
Spas and skin care90#2 of 504125.1$2M231Under 3
Convenience stores89#2 of 529177.2$8.6M1093
Dentists and orthodontists88#3 of 526166.8$2.2M22012
Sit-down restaurants86#7 of 5389942.1$969K14636
Car washes and detailing86#7 of 44183.4$3.4M134Under 3
Restaurants and cafes86#9 of 53819984.7$482K13088
Doctors, dentists and clinics86#9 of 53812051.1$288K18947
Grocery stores86#13 of 506125.1$12.2M1317
Bakeries and dessert shops85#6 of 507146.0$6.8M1659
Grocery and convenience stores85#8 of 5384318.3$3.4M10010
Clothing, shoes and laundry85#10 of 5363715.7$1.3M1486
Gas stations84#12 of 536198.1$3.6M14921
Tire shops82#18 of 43183.4$3.4M1344
Clothing and shoe stores82#22 of 5362912.3$1.7M1316
Veterinarians81#14 of 39862.6$3.5M1297
Fast food and sandwich shops78#41 of 5372912.3$3.3M10841
Hair salons77#21 of 5384619.6$527K12310
Pizza77#32 of 520187.7$5.3M10541
Salons, barbers and spas76#21 of 5387029.8$347K16319
Martial arts and dance studios74#29 of 37893.8$2.5M1235
Property management73#14 of 18052.1Index only1225
Nail salons70#60 of 38762.6$4M2428
Roofing and gutters69#42 of 28873.0$9.4M1116
Physical therapy67#80 of 400146.0$2.5M1038
Coffee shops and cafes66#97 of 5293012.8$3.2M869
Auto repair and car care64#136 of 5389640.9$281K10449
Collision repair and body shops63#104 of 38793.8$3M9710
Yoga, Pilates and fitness studios62#27 of 11273.0$3.2M7910
Pet grooming and boarding62#99 of 387104.3$2.1M839
Electricians61#78 of 29573.0$9.4M7827
Auto repair shops61#159 of 5385623.8$481K10841
Mortgage brokers and lenders60#48 of 17773.0Index only1244
Pet stores60#60 of 22073.0$3M674
Chiropractors57#162 of 426166.8$2.2M9013
Gyms54#222 of 506229.4$1M7810
Gyms, studios and classes54#228 of 5353816.2$589K8915
Pet businesses52#254 of 5273514.9$602K6920
Child care and preschools50#235 of 454208.5$518K5213
Lawn, cleaning and pest control49#246 of 481229.4$1.4M8137
Landscaping and lawn care48#206 of 399166.8$1.9M6424
Home repair trades47#304 of 5263715.7$1.8M7357
HVAC and plumbing46#280 of 476239.8$2.9M6024
Real estate agents and brokers41#374 of 5335925.1Index only10628
Real estate40#396 of 5367331.1Index only10751
Insurance agencies38#369 of 5373514.9$1.2M9331
House cleaningNot scoredNot scored41.7$7.5M11713
Funeral homesNot scoredNot scored31.3$1.2M1824
LaundromatsNot scoredNot scored31.3$16.1M129Under 3
Primary care and pediatricsNot scoredNot scored31.3$11.5M64814
Dry cleanersNot scoredNot scored20.9$24.2MToo fewUnder 3
Home inspectorsNot scoredNot scored20.9Index onlyToo few3
Oil change and quick lubeNot scoredNot scored20.9$13.5MToo fewUnder 3
Pest controlNot scoredNot scored20.9$15MToo fewUnder 3
Urgent care and walk-in clinicsNot scoredNot scored10.4$34.6MToo fewUnder 3

Household spending in the Faribault-Northfield area

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Faribault-Northfield, MN area by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$26.9M$1,146120
Gasoline and other fuels$67.6M$2,878111
Food away from home$95.9M$4,082100
Groceries$146M$6,21498
Personal care products and services$24.3M$1,033103
Child care and other personal services$10.4M$44176
Memberships, classes and admissions$22.4M$95397
Medical and dental services$34.6M$1,473114
Pets$21.1M$89799
Clothing, shoes and related services$48.3M$2,056100
Vehicle insurance$40.7M$1,73489
Home repairs, maintenance and insurance$65.9M$2,80593
Lawn care, cleaning and other household services$30M$1,27890
Rent and homeowner costs$339.6M$14,45687

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

Population and households in the Faribault-Northfield area

Population, 2025 estimate
69,939+4.2% since 2020
Households
23,493
Median age
38.9
Homes lived in by their owners
76%
Vehicles per household
2.0
Land area
496 sq. mi.
People per square mile
137
Median household income
$83,181+21.3% vs. 2015–2019, before inflation
Average household income
$104,276
Median home value
$320,200
Jobs located here
25,685
Daytime population
60,549Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Faribault-Northfield area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the competitors on map listings by name and distance, for any of the 56 business types.

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Questions

How fast is the Faribault-Northfield, MN area growing?

Population estimates put the Faribault-Northfield area at 69,939 people in 2025, up 4.2% since 2020, faster than the U.S. (+3.1%). It has 23,493 households. Against the 2015–2019 survey, median household income rose 21.3%, before inflation.

How much do households in the Faribault-Northfield, MN area spend?

Households in the Faribault-Northfield area spend about $339.6M a year on rent and homeowner costs, $146M on groceries and $95.9M on food away from home. Relative to the U.S., household spending in the Faribault-Northfield area runs highest on vehicle maintenance and repairs (an index of 120, where 100 is the U.S. average) and lowest on child care and other personal services (76).

Which business types have the highest market scores in the Faribault-Northfield, MN area?

Of the business types scored in the Faribault-Northfield area, optometrists and eye clinics (95), barbershops (93) and spas and skin care studios (90) have the highest Groundwork market scores. For optometrists and eye clinics, that ranks #1 of 400 scored small-town markets.

How does the Faribault-Northfield, MN area compare with the U.S.?

Median household income in the Faribault-Northfield area is $83,181, 3% above the U.S. median of $80,734. The population rose 4.2% from 2020 to 2025, against +3.1% for the U.S. The median home value is $320,200, against $332,700 for the U.S. Against the U.S., map listings per household run highest for HVAC and plumbing companies (56% above the U.S. rate) and lowest for spas and skin care studios (56% below the U.S. rate).

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. 47 of the 56 business types have a score in the Faribault-Northfield area, each ranked against other small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Faribault-Northfield area. It maps the competitors on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

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Screening a site or an acquisition in the Faribault-Northfield area?

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The button opens the report at the center of the Faribault-Northfield area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.