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CITY · 2020 ACS

Rice Lake

Minnesota · 274 residents · 10.447 sq mi
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The short version

Rice Lake has notably lower household income than the US average, with a median household income of $47,782. Population has grown 21% since 2000. 2% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $19,800. At a median age of 25.3, residents skew younger than the country as a whole. Households here earn about 35% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 25.3
US median: 38.8
Less educated
2% hold a bachelor's degree
US average: 33%
More affordable
home values down 47%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
274
+21%since 2000
from 226 in 2000
2000 – 2024
Population density
26 / sq mi
+21%since 2000
from 22 / sq mi in 2000
US average: 280
Median age
25.3
−5%since 2000
from 26.5 in 2000
US average: 38.8
Population, 2000 – 2024
2142512883243612000201020202024Rice Lake
2024244
2000201020202024
Section 02

Income & economy

Median household income
$47,782
+44%inflation adjusted, since 2000
from $22,083 in 2000
US average: $66,278
2000 – 2024
Per capita income
$10,941
+8%since 2000
from $10,124 in 2000
US average: $35,364
Households earning $100K+
9.7%
+4.1 ptssince 2009
from 5.6% in 2009
US average: 43.9%
Poverty rate
56.2%
+10.3 ptssince 2000
from 45.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Information17.2%
US avg: 11.1%
Wholesale trade12.5%
US avg: 6.7%
Other services6.3%
US avg: 6.6%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Retail trade0%
US avg: 10%
Transportation & warehousing0%
US avg: 2.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$19,800
−47%inflation adjusted, since 2000
from $25,000 in 2000
US average: $265,253
2000 – 2024
Median gross rent
$438
+67%inflation adjusted, since 2000
from $175 in 2000
US average: $1,124
Owner-occupied
64.9%
+7.6 ptssince 2000
from 57.4% in 2000
35.1% rent
Afford Score
0.4
−63%since 2000
from 1.1 in 2000
2000 – 2024
RELATED:See current rent listings in Rice Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic12.8%(29)
Black0%(0)
Hispanic / Latino3.5%(8)
Asian0%(0)
Other0%
Diversity Score42.4%(96)
2020
White, non-Hispanic10.2%(28)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other87.6%(240)
Diversity Score23.4%(64)
Diversity Score
23
−45%since 2000
from 42 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
1.9%
+1.9 ptssince 2000
from 0.0% in 2000
US average: 32.9%
High school or higher
85.2%
+17.1 ptssince 2000
from 68.0% in 2000
US average: 88.5%
Graduate degree
1.9%
+1.9 ptssince 2000
from 0.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
27.1 min
+32%since 2000
from 20.6 min in 2000
US average: 26.9
Drive alone to work
73.2%
+7.3 ptssince 2009
from 65.9% in 2009
US average: 75.1%
No vehicle available
28.0%
+15.0 ptssince 2009
from 13.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
27.3%
+9.2 ptssince 2011
from 18.1% in 2011
US average: 5.4%
Labor force participation
51.2%
−4.1 ptssince 2011
from 55.3% in 2011
US average: 63.4%
Management & professional
14.1%
−40.7 ptssince 2009
from 54.8% in 2009
US average: 39.3%
Section 08

People & community

Male
52.1%
−10.3 ptssince 2009
from 62.4% in 2009
Female
47.9%
+10.3 ptssince 2009
from 37.6% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
19.9%
−53.3 ptssince 2013
from 73.2% in 2013
US average: 8.8%
Drill deeper

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Compare Rice Lake to nearby cities

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RICE LAKE VS
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Frequently asked

How many people live in Rice Lake, Minnesota?

Rice Lake, Minnesota has about 274 residents according to the 2020 American Community Survey.

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

The typical household in Rice Lake, Minnesota earns about $47,782 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 $19,800, and the typical rent is about $438 a month.

How educated are people in Rice Lake, Minnesota?

About 1.9% 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 56.2% 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

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