Local supply and market context for residential assisted living in Faribault.
Updated July 2026
Faribault, MN has 13 licensed assisted living homes (0 beds, averaging — per home). It sits in Rice County, a moderate RAL market scoring 4.6/10, with 4,592 seniors 75+ growing 7.7%.
Licensed homes
13
Faribault
Licensed beds
0
total
Avg home size
— beds
per home
County opportunity
4.6/10
Moderate
The Faribault assisted living market
Faribault has 13 licensed assisted living homes totaling 0 beds — an average of — beds per home, skewing toward small residential (RAL-style) homes. As part of Rice County, it draws on a 75+ population of 4,592 growing 7.7%, with a senior median income of $61,458. See the full Rice County market or all Minnesota top markets.
Frequently asked questions
How many assisted living homes are in Faribault, MN?
Faribault has 13 licensed assisted living homes with about 0 total beds.
Is Faribault a good place to open an assisted living home?
Faribault is in Rice County, which scores 4.6/10 (Moderate) on RAL Market Scout; its 75+ population is growing 7.7%. Current local supply is 13 homes.
What county is Faribault in?
Faribault is in Rice County, Minnesota.
Evaluate a Faribault site
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Sources: Home and bed counts from the Minnesota licensing roster (RAL Market Scout pipeline). County demand, growth, and income from U.S. Census ACS. Snapshot: 2026-07. Informational only — not legal, financial, or investment advice.