Best Economics Schools Near Faribault, MN (2026)

Faribault, Minnesota has 17 accredited schools offering economics programs, with tuition ranging from $9,572 to $68,892 per year for indexed programs. Faribault has a population of about 24,458. Median household income is $61,662 (Census ACS 2023, 5-year). About 17.5% of adults 25+ hold a bachelor’s degree or higher. In Minnesota, the top-earning economics-related role is Economist at a median $105,120 annually (BLS, May 2025).

Closest Economics Schools to Faribault

The accredited institutions listed below are the closest in our directory that offer economics programs near Faribault, ranked by BOC Score and straight-line distance from Faribault city center. The list is rebuilt from federal IPEDS data on every site update.

No school data available.

Source: IPEDS / College Scorecard (2023 cohort). Browse all Minnesota schools on the Minnesota economics page.

Economics Wages Near Faribault

Occupation	Median Annual Wage (Minnesota, statewide)
Economist	$105,120
Financial and Investment Analyst	$102,990
Statistician	N/A
Management Analyst	$100,790

Source: BLS, May 2025 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.

Faribault at a Glance

Metric	Value	Source
Population	24,458	Census ACS 2023 5-yr (B01003)
Median household income	$61,662	Census ACS 2023 5-yr (B19013)
Adults 25+ with bachelor’s+	17.5%	Census ACS 2023 5-yr (B15003)

Other Faribault-Area Cities With Economics Programs

Northfield, MN – 12.1 mi away (22,005 pop)
Owatonna, MN – 14.5 mi away (25,567 pop)
Farmington, MN – 25.4 mi away (22,656 pop)
Lakeville, MN – 26.2 mi away (61,938 pop)
Prior Lake, MN – 30.5 mi away (25,863 pop)

Frequently Asked Questions

How many accredited economics schools are near Faribault, MN?

Our directory has 17 accredited schools offering economics programs near Faribault. The closest is St Olaf College in Northfield, MN (12.2 miles), and the farthest of the schools shown is Metropolitan State University (46.6 miles). 5 of the highlighted schools are flagged as offering distance education.

What are the highest-paying economics roles in Minnesota?

Based on BLS May 2025 state wage data, the top-paying economics-related roles in Minnesota are: Economist ($105,120), Financial and Investment Analyst ($102,990), Management Analyst ($100,790). Wages for Faribault workers will track these statewide medians, adjusted for local cost of living.

Should I look at programs in Northfield instead of Faribault?

Northfield, MN is 12.1 miles from Faribault and has its own set of local economics programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.

Is Faribault an affordable place to study economics?

Faribault’s median household income of $61,662 (Census ACS 2023) is one input. Online programs let students stay in Faribault while attending lower-cost out-of-state schools, and Minnesota public universities often offer reduced in-state online tuition.

How do I verify a program is accredited?

Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.

Learn More About Economics Programs

Other Programs Available in Faribault

Compare every accredited online degree program with city-level data for Faribault:

Data verified: August 11, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2024–2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.

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