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CITY

Rice Lake

Minnesota · 4,169 residents (2025 est.) · 32.104 sq mi
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The short version

Rice Lake has roughly average household income, with a median household income of $89,663. Population has held roughly steady since 2023. Median home value is $309,600. With a median age of 44.3, the population is older than the US median of 38.9. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 44.3
US median: 38.9
Average education
34% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,153
+1%since 2023
from 4,120 in 2023
2016 – 2025
Population density
129 / sq mi
+1%since 2023
from 128 / sq mi in 2023
US average: 281
Median age
44.3
−1%since 2023
from 44.8 in 2023
US average: 38.9

PEP 2025 EST:4,169 residents (Census Bureau Vintage 2025, released March 2026)

Population, 2016 – 2024
4K4K4K4K4K201620202024Rice Lake
20244K
201620202024
Section 02

Income & economy

Median household income
$89,663
−9%inflation adjusted, since 2023
from $95,347 in 2023
US average: $82,259
2016 – 2024
Per capita income
$42,172
−3%since 2023
from $43,487 in 2023
US average: $44,673
Households earning $100K+
59.1%
−0.6 ptssince 2023
from 59.7% in 2023
US average: 53.3%
Poverty rate
7.2%
+0.4 ptssince 2023
from 6.8% in 2023
US average: 12.5%
Income inequality (Gini)
0.394
+1%since 2023
from 0.389 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade11.5%
US avg: 9.9%
Finance & insurance9.4%
US avg: 5.9%
Information9.3%
US avg: 10.8%
Professional, scientific, technical8.2%
US avg: 5.1%
Wholesale trade6.4%
US avg: 6.9%
Other services5.3%
US avg: 6.7%
Transportation & warehousing4%
US avg: 2.2%
Public administration3.7%
US avg: 4.8%
Arts, entertainment, food1.7%
US avg: 1.9%
Education & health services1.2%
US avg: 0.9%
Agriculture, forestry, fishing0.7%
US avg: 1.6%
Construction0.7%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$309,600
+6%inflation adjusted, since 2023
from $283,700 in 2023
US average: $376,019
2016 – 2024
Median gross rent
$1,305
−5%inflation adjusted, since 2023
from $1,328 in 2023
US average: $1,442
Owner-occupied
90.3%
−0.2 ptssince 2023
from 90.5% in 2023
9.7% rent
Vacancy rate
5.5%
−0.2 ptssince 2023
from 5.7% in 2023
US average: 10.0%
Owner cost-burdened
26.2%
−0.4 ptssince 2023
from 26.7% in 2023
US average: 22.9%
Renter cost-burdened
33.9%
+4.1 ptssince 2023
from 29.9% in 2023
US average: 47.4%
Afford Score
3.5
+16%since 2023
from 3.0 in 2023
2016 – 2024
Gentrification Score
74
RELATED:See current rent listings in Rice Lake on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic97.7%(4,024)
Black0%(0)
Hispanic / Latino0.3%(14)
Asian0.5%(20)
Other1.5%(62)
Diversity Score5.7%(236)
2024
White, non-Hispanic91.2%(3,788)
Black0%(0)
Hispanic / Latino1.5%(63)
Asian0.4%(16)
Other6.9%(286)
Diversity Score20.4%(847)
Diversity Score
20
+256%since 2023
from 6 in 2023
2016 – 2024
Section 05

Education

Bachelor's degree or higher
33.9%
+2.2 ptssince 2023
from 31.7% in 2023
US average: 35.6%
High school or higher
93.3%
−2.2 ptssince 2023
from 95.5% in 2023
US average: 89.6%
Graduate degree
12.0%
+2.8 ptssince 2023
from 9.1% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.6 min
−3%since 2023
from 22.2 min in 2023
US average: 26.5
Drive alone to work
78.9%
−2.8 ptssince 2023
from 81.7% in 2023
US average: 68.9%
Carpooled to work
7.5%
−0.7 ptssince 2023
from 8.2% in 2023
US average: 8.5%
Public transit
0.1%
Unchangedsince 2023
from 0.1% in 2023
US average: 3.2%
Worked from home
9.6%
+4.0 ptssince 2023
from 5.7% in 2023
US average: 15.0%
Walked to work
3.3%
−0.2 ptssince 2023
from 3.5% in 2023
US average: 2.4%
Biked to work
0.7%
−0.3 ptssince 2023
from 0.9% in 2023
US average: 0.4%
No vehicle available
1.9%
−0.3 ptssince 2023
from 2.3% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.2%
+0.6 ptssince 2023
from 0.7% in 2023
US average: 5.2%
Labor force participation
58.9%
+0.9 ptssince 2023
from 58.0% in 2023
US average: 63.5%
Self-employed
23.8%
−1.2 ptssince 2023
from 25.0% in 2023
US average: 13.1%
Management & professional
47.9%
+1.9 ptssince 2023
from 46.0% in 2023
US average: 42.5%
Section 08

People & community

Male
49.3%
−1.3 ptssince 2023
from 50.6% in 2023
Female
50.7%
+1.3 ptssince 2023
from 49.4% in 2023
Foreign born
1.4%
+1.3 ptssince 2023
from 0.0% in 2023
US average: 14.1%
Veterans
9.0%
−2.0 ptssince 2023
from 11.0% in 2023
US average: 6.2%
With a disability
11.9%
+0.8 ptssince 2023
from 11.1% in 2023
US average: 13.3%
Uninsured
1.6%
−0.1 ptssince 2023
from 1.7% in 2023
US average: 8.4%
Broadband at home
84.3%
+3.1 ptssince 2023
from 81.2% in 2023
US average: 91.0%
English only at home
97.5%
−1.0 ptssince 2023
from 98.5% in 2023
US average: 77.7%
Spanish at home
0.4%
Unchangedsince 2023
from 0.4% in 2023
US average: 13.6%
Drill deeper

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Compare Rice Lake to nearby cities

RICE LAKE VS
Hermantown
Income$90,849+1%
Home value$382,300+23%
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RICE LAKE VS
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Income$68,807−23%
Home value$242,700−22%
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RICE LAKE VS
Superior
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RICE LAKE VS
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Income$61,367−32%
Home value$212,700−31%
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Frequently asked

How many people live in Rice Lake, Minnesota?

Rice Lake, Minnesota has about 4,153 residents according to the 2024 American Community Survey.

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

The typical household in Rice Lake, Minnesota earns about $89,663 a year. Half of households make more than that, and half make less.

Is Rice Lake, Minnesota expensive?

In Rice Lake, Minnesota, the median home is worth about $309,600, and the typical rent is about $1,305 a month.

How educated are people in Rice Lake, Minnesota?

About 33.9% of adults age 25 and over in Rice Lake, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Rice Lake, Minnesota?

About 7.2% of people in Rice Lake, Minnesota live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Rice Lake, Minnesota: demographics, income & housing data · CensusEasy