Rice County prides itself in keeping taxes low, and is one of the lowest taxed counties in all of Minnesota. This translates into savings for businesses – contributing to our business-friendly environment.
The City of Faribault's Economic Development Authority contracted with the University of Minnesota Extension to assist in understanding the city’s economy, which resulted in this November 2016 report. Faribault is a community of 23,000 people and the County Seat of Rice County.