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Rice city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Rice city, Minnesota has a total population of 1,998, the 260th largest city in Minnesota, with a median household income of $103,482, which is 18% higher than the state average. The poverty rate is 2.7%.

Key Takeaways

Rice city Quick Facts

Population 1,998
Median Household Income $103,482
Median Home Value $237,600
Poverty Rate 2.7%
Unemployment Rate 1.8%
Median Age 31.3 years
Homeownership Rate 87.9%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 31.8%
High School Graduation Rate 96.7%
Diversity Index 15/100
Population 1,998 260th of 913
Median Income $103,482 top 20%
Poverty Rate 2.7% 79% lower national
Median Home Value $237,600 top 30%

How Rice city Compares

Economy & Housing

Employment

1.8% Unemployment Rate State: 3.9% | National: 5.2%
84.1% Labor Force Participation

Housing Overview

Owner 87.9%
Renter 12.1%
Affordability Index Very Affordable
2.3x home value to income ratio

People & Demographics

Diversity Index

15out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Rice city Rankings in Minnesota

#260 Population of 913
#109 Median Income of 913
#194 Education of 913
#245 Home Value of 913

Other Cities in Benton County

CityPopulationMedian IncomePovertyHome Value
Sauk Rapids city 13,851 $67,004 7.2% $240,200
Foley city 2,685 $58,092 14.5% $192,600
Gilman city 226 $68,750 4.6% $221,100

Cities Similar to Rice city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
St. Bonifacius city1,982$116,500$342,40037.8%0.6%
Waverly city1,947$113,269$284,60020.1%8.9%
Howard Lake city1,864$99,464$239,10022.0%6.2%
Esko CDP2,063$116,406$278,80041.3%2.6%
Dundas city1,882$111,250$293,40039.9%2.4%

Population Overview

Rice city is a small community located in Minnesota, within Benton County. The total population is 1,998. It ranks as the 260th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Rice city is 31.3 years. This is 19% lower than the state median of 38.6 years. With 31.0% of the population under 18, Rice city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Rice city is $103,482. This is 18% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 32% higher. The poverty rate stands at 2.7%. This is 71% lower than the state poverty rate of 9.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.8%. This is 55% lower than the state rate of 3.9%. The median home value is $237,600. Housing costs are 22% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.3x, Rice city is one of the most affordable housing markets in the area. 87.9% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 72.4%.

Race & Ethnicity

Rice city has a predominantly White (non-Hispanic) population, comprising 91.8% of all residents. Hispanic or Latino residents account for 4.3%. The Black or African American population (1.4%) is well below the state average of 6.7%.

Education

31.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 18% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.7%.

Data Sources & Methodology

All demographic data for Rice city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Rice city, Minnesota?

Rice city, Minnesota has a population of 1,998 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Rice city, MN?

The median household income in Rice city is $103,482, which is 32% higher the national median of $78,538.

What is the poverty rate in Rice city, MN?

The poverty rate in Rice city is 2.7%. This means approximately 53 residents live below the federal poverty line.

What is the racial makeup of Rice city, Minnesota?

Rice city's population is 91.8% White, 1.4% Black, 4.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Rice city, MN?

The median home value in Rice city is $237,600. The home-value-to-income ratio is 2.3x.

How educated is Rice city, Minnesota?

31.8% of adults (25+) in Rice city hold a bachelor's degree or higher, and 9.8% hold a graduate or professional degree.