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Rice Lake CDP, Minnesota Demographics & Population 2026

High PovertyPoverty rate of 40.5% is well above the state average
Very AffordableHome value to income ratio of 0.5x is exceptionally low
Highly DiverseNo single racial/ethnic group makes up a majority of the population

As of 2026, Rice Lake CDP, Minnesota has a total population of 232, the 656th largest city in Minnesota, with a median household income of $41,625, which is 52% lower than the state average. The poverty rate is 40.5%.

Key Takeaways

Rice Lake CDP Quick Facts

Population 232
Median Household Income $41,625
Median Home Value $21,500
Poverty Rate 40.5%
Unemployment Rate 15.9%
Median Age 33.8 years
Homeownership Rate 58.0%
Affordability Ratio 0.5x
Bachelor's Degree or Higher 3.7%
High School Graduation Rate 85.3%
Diversity Index -40/100
Population 232 656th of 913
Median Income $41,625 bottom 10%
Poverty Rate 40.5% 226% higher national
Median Home Value $21,500 bottom 10%

How Rice Lake CDP Compares

Economy & Housing

Employment

15.9% Unemployment Rate State: 3.9% | National: 5.2%
43.7% Labor Force Participation

Housing Overview

Owner 58.0%
Renter 42.0%
Affordability Index Very Affordable
0.5x home value to income ratio

People & Demographics

Diversity Index

-40out 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 Lake CDP Rankings in Minnesota

#656 Population of 913
#817 Median Income of 913
#869 Education of 913
#872 Home Value of 913

Cities Similar to Rice Lake CDP

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Dent city232$46,250$104,30011.2%38.8%
Williams city219N/A$26,8002.2%10.5%
Calumet city219$40,833$102,6008.9%20.1%
Osage CDP226$47,500$307,40021.9%19.9%
Granada city231$49,750$88,5007.6%25.5%

Population Overview

Rice Lake CDP is a small community located in Minnesota. The total population is 232. It ranks as the 656th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Rice Lake CDP is 33.8 years. This is 12% lower than the state median of 38.6 years. With 34.5% of the population under 18, Rice Lake CDP has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Rice Lake CDP is $41,625. This is 52% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 47% lower. The poverty rate stands at 40.5%. This is 340% higher than the state poverty rate of 9.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 15.9%. This is 306% higher than the state rate of 3.9%. The median home value is $21,500. Housing costs are 93% lower than the state median of $305,500. With a home-value-to-income ratio of just 0.5x, Rice Lake CDP is one of the most affordable housing markets in the area. 58.0% of occupied housing units are owner-occupied. This homeownership rate is 20% lower than the state average of 72.4%.

Race & Ethnicity

Rice Lake CDP is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Hispanic or Latino residents account for 0.4%. The White (non-Hispanic) population (11.2%) is well below the state average of 76.7%. The Hispanic or Latino population (0.4%) is well below the state average of 6.2%.

Education

3.7% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 91% 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 85.3%.

Data Sources & Methodology

All demographic data for Rice Lake CDP, 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 Lake CDP, Minnesota?

Rice Lake CDP, Minnesota has a population of 232 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Rice Lake CDP, MN?

The median household income in Rice Lake CDP is $41,625, which is 47% lower the national median of $78,538.

What is the poverty rate in Rice Lake CDP, MN?

The poverty rate in Rice Lake CDP is 40.5%. This means approximately 94 residents live below the federal poverty line.

What is the racial makeup of Rice Lake CDP, Minnesota?

Rice Lake CDP's population is 11.2% White, 0.0% Black, 0.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Rice Lake CDP, MN?

The median home value in Rice Lake CDP is $21,500. The home-value-to-income ratio is 0.5x.

How educated is Rice Lake CDP, Minnesota?

3.7% of adults (25+) in Rice Lake CDP hold a bachelor's degree or higher, and 3.7% hold a graduate or professional degree.