Living in Riceville, Iowa

Cost of living, income, home prices, rent and demographics of Riceville · Census data 2020–2024

Riceville has 823 residents with a median age of 36.3. The median household income is $44,615 (41% lower than the Iowa median), the median home value is $112,100, the median rent is $1,156/month.

Riceville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Riceville at a glance

Population
823
Median age
36.3State: 38.6
Median household income
$44,615State: $75,059
Median home value
$112,100State: $208,000
Median rent
$1,156/moState: $972
Homeowners
67.9%
Bachelor's degree or higher
17.6%
Average commute
33 min

Is Riceville a good place to live?

Pros: Home values 46% lower than the state median; unemployment of 1%; a poverty rate of 10.9%.

Cons: Median household income 41% lower than the Iowa median; an average commute of 33 minutes.

The weather is best in June to September.

Cost of living in Riceville

Housing is the biggest part of the cost of living. In Riceville the median home value is $112,100, 66% lower than the U.S. median. Renters pay a median of $1,156 per month, which is 40.9% of household income. Homeowners with a mortgage pay $1,174 a month in housing costs.

Median home value

Riceville$112,100
Iowa$208,000
United States$332,700

Median monthly rent

Riceville$1,156
Iowa$972
United States$1,413

Riceville median household income

The median household income in Riceville is $44,615 and the income per person is $27,101. 10.9% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Riceville$44,615
Iowa$75,059
United States$80,734

Housing in Riceville: homes for sale and rent

Housing units
427
Owner-occupied
67.9%
Renter-occupied
32.1%
Vacant
7.3%Includes seasonal homes
Median year built
1950
Average household size
2.02

Riceville demographics

Population
823
Median age
36.3
Under 18
21.3%
65 and older
22.1%
Households
396
Foreign-born
1.9%
Veterans
5.7%Adults 18+

Race and ethnicity

White94.3%
Hispanic or Latino5.7%
Black0%
Asian0.2%

Hispanic or Latino can be of any race. Population history of Riceville ›

Education in Riceville

17.6% of adults 25 and older in Riceville have a bachelor's degree or higher (Iowa: 31.4%), and 3.1% have a graduate or professional degree.

Bachelor's degree or higher

Riceville17.6%
Iowa31.4%
United States35.7%

Jobs and commute in Riceville

Unemployment rate
1%State: 3.6%
Average commute
33 minState: 20 min
Work from home
7.3%
Drive alone
82.2%
Public transit
0%
Walk to work
1.2%
Homes with broadband
81.1%

Riceville vs nearby towns

TownPopulationMedian incomeHome valueRent
Riceville823$44,615$112,100$1,156
Elma659$44,375$81,300$689
Le Roy803$54,485$122,800$697
Stacyville545$61,932$112,900$664
Chester150$63,438$120,800$579
Alta Vista194$44,500$68,200$640
Osage3,561$68,730$160,700$692
Lime Springs442$53,750$99,100$538
Mitchell117$72,500$116,100—

More for people moving to Riceville

Riceville ZIP code ›Weather and climate ›

Living in Riceville: FAQ

What is the median household income in Riceville, IA?

The median household income in Riceville is $44,615, 41% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Riceville?

The median home value in Riceville is $112,100, compared with $208,000 in Iowa.

How much is rent in Riceville?

The median gross rent in Riceville is $1,156 per month, about 40.9% of household income.

Is Riceville, IA a good place to live?

Pluses: home values 46% lower than the state median; unemployment of 1%; a poverty rate of 10.9%. Minuses: median household income 41% lower than the Iowa median; an average commute of 33 minutes.

What is the median age in Riceville?

The median age in Riceville is 36.3 years (Iowa: 38.6).

How long is the commute in Riceville?

The average commute to work in Riceville is 33 minutes; 7.3% of workers work from home.

What is the unemployment rate in Riceville?

The unemployment rate in Riceville is 1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Riceville?

17.6% of adults in Riceville have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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