Rice Lake, MN

Full City Profile · Minnesota · Mahnomen County County

2.6 /5.0
C+ Fair
232 Population 394/sq mi density
$41,625 Median Income $14,213 per capita
$21,500 Home Value $213,779 Zillow
$575 Median Rent 17.0% income on rent
39°F Avg Temperature
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
F
Economy
1.4 / 5.0
$41,625 median income, 15.9% unemployment
A+
Affordability
5.0 / 5.0
$21,500 home value, $575/mo rent
F
Education
1.3 / 5.0
3.7% bachelor's degree or higher

Rice Lake, MN

At a Glance

Median Income
$41,625
45% below
$14,213 per capita
Home Value
$21,500
92% below
Zillow: $213,779
Median Rent
$575/mo
51% below
17.0% of income on rent
Bachelor's Degree+
3.7%
89% below
85.3% high school+
Unemployment
15.9%
342% above
55.7% poverty rate
Obesity Rate
39.2%
22% above
14.6% smoking rate
Avg Temperature
39°F

How Rice Lake Compares to the U.S. Average

Each bar shows Rice Lake's value as a percentage of the national average (100% = U.S. avg)

Income
55%
Home Value
8%
Rent
49%
Poverty
449%
Bachelor's
11%
Unemployment
442%
Thin vertical line = U.S. national average (100%)

Is Rice Lake a Good Place to Live?

C+
2.6 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Rice Lake residents earn a median household income of $41,625 , which is 45% below the national average of $75,149. Per capita income is $14,213. The unemployment rate stands at 15.9% (342% above the U.S. rate of 3.6%). 55.7% of residents live below the poverty line. The area is home to 122 business establishments, including 13 restaurants.

Housing & Cost of Living

The median home value in Rice Lake is $21,500 , 92% below the national median of $281,900. Zillow estimates the typical home at $213,779. Median rent is $575/month, with 17.0% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1988.

Education

3.7% of adults in Rice Lake hold a bachelor's degree or higher (89% below the national average). 85.3% have completed high school. Local schools score 4.4/10 in standardized testing.

Climate & Weather

Rice Lake has an average annual temperature of 39°F (4°C). Winters average 5°F in January while summers reach 67°F in July. Annual precipitation totals 26.5 inches.

Data Overview

People

Population232
Median Age33.8 yrs
Density394/mi²
Male / Female52% / 48%
Foreign Born0.0%
Veterans5.3%

Economy

F
Median Income$41,625
Per Capita$14,213
Unemployment15.9%
Poverty55.7%
County GDP$249M
Avg Weekly Wage$1,103

Housing

A+
Home Value$21,500
Rent$575
Ownership58.0%
Zillow$213,779
Housing Units94
Rent Burden17.0%

Health

Obesity39.2%
Diabetes14.0%
Smoking14.6%
Heart Disease5.1%
Premature Death19,800/100K

Climate

Avg Temp39°F
Rain26.5 in/yr
Elevation1,447 ft

Education

F
Bachelor's+3.7%
High School+85.3%
Graduate+3.3%
School Score4.4/10

Community

2024 VoteR 54% / D 45%
Commute25 min
Broadband75.3%
Internet Speed140 Mbps
EV Stations1
Libraries1

Did You Know?

The median home in Rice Lake was built in 1988.
The nearest airport is Bemidji Regional (29 miles).
The Gini coefficient (income inequality) is 0.443 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
16.8% of the population has a disability.
Average internet download speed is 140 Mbps.
The county recorded 2 fatal vehicle crashes.