Living in Rice Lake, Wisconsin

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

Rice Lake has 9,030 residents with a median age of 36. The median household income is $52,417 (32% lower than the Wisconsin median), the median home value is $193,800, the median rent is $856/month.

Rice Lake at a glance

Population
9,030
Median age
36State: 40.2
Median household income
$52,417State: $77,485
Median home value
$193,800State: $266,500
Median rent
$856/moState: $1,087
Homeowners
55.2%
Bachelor's degree or higher
25.8%
Average commute
13 min

Is Rice Lake a good place to live?

Pros: Home values 27% lower than the state median; an average commute of 13 minutes; unemployment of 3.2%.

Cons: Median household income 32% lower than the Wisconsin median; a poverty rate of 12.9%.

The weather is best in June to September.

Cost of living in Rice Lake

Housing is the biggest part of the cost of living. In Rice Lake the median home value is $193,800, 42% lower than the U.S. median. Renters pay a median of $856 per month, which is 29.7% of household income. Homeowners with a mortgage pay $1,325 a month in housing costs.

Median home value

Rice Lake$193,800
Wisconsin$266,500
United States$332,700

Median monthly rent

Rice Lake$856
Wisconsin$1,087
United States$1,413

Rice Lake median household income

The median household income in Rice Lake is $52,417 and the income per person is $34,870. 12.9% of residents live below the poverty line (Wisconsin: 10.6%).

Median household income

Rice Lake$52,417
Wisconsin$77,485
United States$80,734

Housing in Rice Lake: homes for sale and rent

Housing units
4,137
Owner-occupied
55.2%
Renter-occupied
44.8%
Vacant
3.8%Includes seasonal homes
Median year built
1974
Average household size
2.19

Rice Lake demographics

Population
9,030
Median age
36
Under 18
22.4%
65 and older
19.7%
Households
3,979
Foreign-born
2.4%
Veterans
6.9%Adults 18+

Race and ethnicity

White89.1%
Hispanic or Latino5%
Black2.6%
Asian0.5%

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

Education in Rice Lake

25.8% of adults 25 and older in Rice Lake have a bachelor's degree or higher (Wisconsin: 33.4%), and 9.6% have a graduate or professional degree.

Bachelor's degree or higher

Rice Lake25.8%
Wisconsin33.4%
United States35.7%

Jobs and commute in Rice Lake

Unemployment rate
3.2%State: 3.2%
Average commute
13 minState: 22 min
Work from home
5.9%
Drive alone
81.8%
Public transit
0.3%
Walk to work
1.3%
Homes with broadband
79.3%

Rice Lake vs nearby towns

TownPopulationMedian incomeHome valueRent
Rice Lake9,030$52,417$193,800$856
Cameron1,686$61,518$190,000$982
Barron3,681$47,469$121,600$946
Haugen284$76,250$144,200—
Chetek2,177$64,141$171,200$959
Cumberland2,282$49,479$181,100$943
Almena641$48,333$116,300$786
Birchwood451$54,091$141,900$594
Dallas359$48,542$135,700$815

More for people moving to Rice Lake

Rice Lake ZIP code ›Weather and climate ›

Living in Rice Lake: FAQ

What is the median household income in Rice Lake, WI?

The median household income in Rice Lake is $52,417, 32% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Rice Lake?

The median home value in Rice Lake is $193,800, compared with $266,500 in Wisconsin.

How much is rent in Rice Lake?

The median gross rent in Rice Lake is $856 per month, about 29.7% of household income.

Is Rice Lake, WI a good place to live?

Pluses: home values 27% lower than the state median; an average commute of 13 minutes; unemployment of 3.2%. Minuses: median household income 32% lower than the Wisconsin median; a poverty rate of 12.9%.

What is the median age in Rice Lake?

The median age in Rice Lake is 36 years (Wisconsin: 40.2).

How long is the commute in Rice Lake?

The average commute to work in Rice Lake is 13 minutes; 5.9% of workers work from home.

What is the unemployment rate in Rice Lake?

The unemployment rate in Rice Lake is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Rice Lake?

25.8% of adults in Rice Lake 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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