Faribault is considered a Large Town with a population of 24,101 and 2,532 businesses. 12 in 2018 were added to the Faribault Chamber of Commerce business directory which was less than 2017 which had 18.
The economy of Faribault employs 14,629 people and has an unemployment rate of 4%. Some of the largest industries in Faribault are Professional Services (223),Builders & Contractors (72), and Entertainment Agencies & Bureaus (59).
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