Census tract · Rice County
Census Tract 708.01, Rice County, Minnesota
Census Tract 708.01, GEOID 27131070801, in Rice County, Minnesota, mostly within Faribault (90% of its census blocks). 4,357 residents in the ACS 2020-2024 5-year estimates (±541); the 2020 Census counted 3,854.
Residents, 2020-2024
4,357
±541 (90% margin)
2020 Census count: 3,854
Median household income
$80,982
±$21,767 (90% margin)
Rice County: $83,181
Median home value
$303,800
±$26,668 (90% margin)
Rice County: $320,200
Median gross rent
$763
±$324 (90% margin)
Rice County: $1,083
Where is Census Tract 708.01?
Census Tract 708.01 is one of 16 census tracts in Rice County, Minnesota. It covers 2.34 square miles of land, 1,650 residents per square mile in 2020. Its GEOID, 27131070801, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Faribault | 90% |
| Warsaw Township, Rice County | 7% |
| Walcott Township | 3% |
3 census tracts border Census Tract 708.01: Tract 704 ($101,016), Tract 708.02 ($62,417) and Tract 709.02 ($61,271). The figure in brackets is each tract's median household income.
Whether a tract counts as low- or moderate-income for bank lending (the Community Reinvestment Act) is set by the FFIEC against its metro area's family income: look it up in the FFIEC census geocoder.
Source: 2024 Gazetteer and 2020 block assignment files, U.S. Census Bureau · Census reference files
How many people live in Census Tract 708.01?
The 2020-2024 American Community Survey puts Census Tract 708.01's population at 4,357 (±541) in 1,669 households; the 2020 Census counted 3,854 residents and 1,446 housing units.
| Measure | Tract 708.01 | Faribault |
|---|---|---|
| Total population | 4,357 ±541 | 24,631 |
| Households | 1,669 ±264 | 8,938 |
| Average household size | 2.57 ±0.28 | 2.48 |
| Housing units | 1,708 ±272 | 9,341 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Census Tract 708.01?
The median resident of Census Tract 708.01 is 45.7 years old; 23.5% are under 18 and 21.8% are 65 or older. The largest group is non-Hispanic white residents at 63.8%, then Hispanic or Latino residents (of any race) at 22.9%. 17.8% of residents were born outside the United States.
| Measure | Tract 708.01 | Faribault |
|---|---|---|
| Median age | 45.7 ±6.2 | 38.7 |
| Under 18 years | 23.5% ±4.7 pts | 21.5% |
| 65 years and over | 21.8% ±6.2 pts | 16.7% |
| Hispanic or Latino (any race) | 22.9% ±10.5 pts | 13.6% |
| White alone, not Hispanic | 63.8% ±10.6 pts | 65.1% |
| Black or African American alone, not Hispanic | 11.0% ±4.9 pts | 16.6% |
| Asian alone, not Hispanic | 1.4% ±1.9 pts | 1.4% |
| American Indian and Alaska Native alone, not Hispanic | 0.0% ±0.5 pts | 0.5% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±0.5 pts | 0.1% |
| Two or more races, not Hispanic | 0.8% ±0.9 pts | 2.6% |
| Some other race alone, not Hispanic | 0.0% ±0.5 pts | 0.1% |
| Born outside the United States | 17.8% ±6.4 pts | 14.9% |
| Speak a language other than English at home (age 5+) | 29.2% ±10.2 pts | 20.7% |
| Civilian veterans (age 18+) | 6.9% ±4.1 pts | 6.7% |
| With a disability | 15.1% ±4.6 pts | 13.2% |
| No health insurance coverage | 4.3% ±2.6 pts | 7.5% |
| High school graduate or higher (age 25+) | 85.9% ±6.0 pts | 87.9% |
| Bachelor's degree or higher (age 25+) | 25.8% ±8.3 pts | 17.6% |
| Graduate or professional degree (age 25+) | 10.2% ±4.6 pts | 6.1% |
| Lived in the same house a year earlier | 92.6% ±4.3 pts | 89.5% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Census Tract 708.01 earn?
Half of the 1,669 households in Census Tract 708.01 earn less than $80,982 a year (±$21,767), against $83,181 across Rice County: 9th highest of the county's 15 tracts with a reliable estimate. 7.3% of residents live below the poverty line.
| Measure | Tract 708.01 | Faribault |
|---|---|---|
| Median household income | $80,982 ±$21,767 | $61,449 |
| Mean household income | $96,546 ±$10,616 | $83,025 |
| Per capita income | $37,638 ±$5,067 | $33,225 |
| People below the poverty line | 7.3% ±4.0 pts | 16.4% |
| Children under 18 below the poverty line | 2.7% ±4.3 pts | 23.7% |
| Households receiving SNAP | 17.3% ±7.2 pts | 13.6% |
| Households with a computer | 96.4% ±3.6 pts | 93.0% |
| Households with a broadband subscription | 92.3% ±5.4 pts | 89.5% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Census Tract 708.01?
Owners occupy 70.0% of Census Tract 708.01's occupied homes and renters 30.0%. The median owner-occupied home is valued at $303,800 by its owner (±$26,668). The median renter pays $763 a month including utilities.
| Measure | Tract 708.01 | Faribault |
|---|---|---|
| Median home value (owner-occupied) | $303,800 ±$26,668 | $241,500 |
| Median gross rent | $763 ±$324 | $1,074 |
| Renters paying 35% or more of income on rent | 31.2% ±21.4 pts | 46.3% |
| Median monthly owner costs, with a mortgage | $1,818 ±$161 | $1,581 |
| Owner-occupied homes | 70.0% ±7.1 pts | 66.1% |
| Renter-occupied homes | 30.0% ±7.1 pts | 33.9% |
| Housing units | 1,708 ±272 | 9,341 |
| Single-family detached homes | 70.3% ±6.9 pts | 62.8% |
| Mobile homes | 0.0% ±1.3 pts | 4.5% |
| Built 2020 or later | 0.0% ±1.3 pts | 1.2% |
| Built 2010 to 2019 | 2.4% ±2.5 pts | 6.5% |
| Built 1939 or earlier | 0.5% ±0.9 pts | 19.2% |
| Households with no vehicle | 15.0% ±5.9 pts | 10.4% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Census Tract 708.01 get to work?
68.6% of Census Tract 708.01's workers drive alone. The average trip to work takes 18.1 minutes.
| Measure | Tract 708.01 | Faribault |
|---|---|---|
| In the labor force (age 16+) | 62.3% ±5.0 pts | 58.7% |
| Unemployment rate | 3.7% ±4.1 pts | 5.4% |
| Drove alone to work | 68.6% ±8.8 pts | 71.1% |
| Carpooled | 17.5% ±7.9 pts | 15.8% |
| Public transportation | 0.0% ±1.1 pts | 0.1% |
| Walked | 2.3% ±2.5 pts | 2.7% |
| Worked from home | 7.4% ±5.6 pts | 5.9% |
| Mean travel time to work | 18.1 min ±3.3 | 19.0 min |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
How does Census Tract 708.01 compare with the other tracts in Rice County?
Among Rice County's tracts with a reliable estimate, Census Tract 708.01 ranks as shown below (1 = highest).
| Measure | In Rice County | In Faribault |
|---|---|---|
| Population | 8th of 16 | 3rd of 7 |
| Residents per square mile | 8th of 16 | 4th of 7 |
| Median household income | 9th of 15 | 2nd of 6 |
| Per capita income | 8th of 16 | 3rd of 7 |
| Median home value | 9th of 16 | 3rd of 7 |
| Median gross rent | 15th of 15 | 7th of 7 |
| Poverty rate | 8th of 12 | 5th of 6 |
| Bachelor's degree or higher | 9th of 16 | 2nd of 7 |
| Median age | 2nd of 16 | 1st of 7 |
| Owner-occupied share | 10th of 16 | 4th of 7 |
The tracts next to it on Rice County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 701.02 | 6th | $89,457±$14,294 · within the margin of this tract |
| Tract 705.01 | 7th | $85,481±$24,474 · within the margin of this tract |
| Tract 706.02 | 8th | $83,125±$17,349 · within the margin of this tract |
| Tract 708.01 | 9th | $80,982±$21,767 |
| Tract 705.04 | 10th | $71,313±$4,747 · within the margin of this tract |
| Tract 706.01 | 11th | $68,750±$14,933 · within the margin of this tract |
| Tract 708.02 | 12th | $62,417±$27,690 · within the margin of this tract |
"Within the margin": the two incomes differ by less than their combined 90% margins, so the survey cannot say which is higher and the ranks between them are not firm.
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) · How ranks are computed
How reliable are the figures for Census Tract 708.01?
2 of the 18 figures for Census Tract 708.01 on this page carry a coefficient of variation over 40% and are marked with a ring: they come from a small sample, so read them as rough.
A census tract's figures rest on a few hundred sampled households over five years, so its margins are wider than a city's. Two tracts differ only when the gap between them is larger than their combined 90% margin (the square root of the sum of the two squared margins). How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · Check it at data.census.gov
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections