Living in Rice, Minnesota
Cost of living, income, home prices, rent and demographics of Rice · Census data 2020–2024
Rice has 2,085 residents with a median age of 33.2. The median household income is $107,692 (21% higher than the Minnesota median), the median home value is $266,600, the median rent is $1,144/month.
Rice at a glance
- Population
- 2,085
- Median age
- 33.2State: 38.8
- Median household income
- $107,692State: $89,062
- Median home value
- $266,600State: $329,300
- Median rent
- $1,144/moState: $1,280
- Homeowners
- 88.6%
- Bachelor's degree or higher
- 28.8%
- Average commute
- 24 min
Is Rice a good place to live?
Pros: Median household income 21% higher than the Minnesota median; home values 19% lower than the state median; unemployment of 2.3%; a poverty rate of 3%.
Cons: An average commute of 24 minutes.
The weather is best in June to September.
Cost of living in Rice
Housing is the biggest part of the cost of living. In Rice the median home value is $266,600, 20% lower than the U.S. median. Renters pay a median of $1,144 per month, which is 21.1% of household income. Homeowners with a mortgage pay $1,503 a month in housing costs.
Rice median household income
The median household income in Rice is $107,692 and the income per person is $39,533. 3% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Rice: homes for sale and rent
- Housing units
- 746
- Owner-occupied
- 88.6%
- Renter-occupied
- 11.4%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 2003
- Average household size
- 2.79
Rice demographics
- Population
- 2,085
- Median age
- 33.2
- Under 18
- 30.9%
- 65 and older
- 8.6%
- Households
- 746
- Foreign-born
- 0.9%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Rice ›
Education in Rice
28.8% of adults 25 and older in Rice have a bachelor's degree or higher (Minnesota: 39.4%), and 10% have a graduate or professional degree.
Jobs and commute in Rice
- Unemployment rate
- 2.3%State: 4.1%
- Average commute
- 24 minState: 23 min
- Work from home
- 12%
- Drive alone
- 79.7%
- Public transit
- 0%
- Walk to work
- 2.1%
- Homes with broadband
- 90.1%
Rice vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Rice | 2,085 | $107,692 | $266,600 | $1,144 |
| St. Stephen | 694 | $105,313 | $262,100 | $1,292 |
| Royalton | 1,211 | $55,156 | $215,300 | $600 |
| Bowlus | 278 | $77,708 | $158,500 | $742 |
| Sartell | 19,758 | $84,131 | $297,300 | $1,275 |
| Holdingford | 718 | $79,375 | $205,700 | $582 |
| Buckman | 339 | $102,188 | $218,400 | $825 |
| Sauk Rapids | 13,852 | $71,841 | $256,100 | $964 |
| Elmdale | 172 | $133,750 | $254,200 | — |
More for people moving to Rice
Rice ZIP code ›Weather and climate ›Living in Rice: FAQ
What is the median household income in Rice, MN?
The median household income in Rice is $107,692, 21% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Rice?
The median home value in Rice is $266,600, compared with $329,300 in Minnesota.
How much is rent in Rice?
The median gross rent in Rice is $1,144 per month, about 21.1% of household income.
Is Rice, MN a good place to live?
Pluses: median household income 21% higher than the Minnesota median; home values 19% lower than the state median; unemployment of 2.3%; a poverty rate of 3%. Minuses: an average commute of 24 minutes.
What is the median age in Rice?
The median age in Rice is 33.2 years (Minnesota: 38.8).
How long is the commute in Rice?
The average commute to work in Rice is 24 minutes; 12% of workers work from home.
What is the unemployment rate in Rice?
The unemployment rate in Rice is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Rice?
28.8% of adults in Rice 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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