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

Income Overview

Median Household Income
$41,625
45% below
US avg: $75,149
Per Capita Income
$14,213
64% below
US avg: $39,052
Unemployment Rate
15.9%
342% above
US avg: 3.6%
Poverty Rate
55.7%
349% above
US avg: 12.4%

Income Comparison: Rice Lake vs. U.S. Average

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

Median Household
US: $75,149
$41,625
55%
Per Capita
US: $39,052
$14,213
36%
IRS Avg AGI
US: $72,000
$53,804
75%
Avg Weekly Wage
US: $1,432
$1,103
77%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,103
23% below US avg ($1,432)
Mean Commute Time
25 min
11% below US avg (28 min)
Work From Home
12.7%
16% below US avg (15.2%)
Drive Alone
67.3%
8% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$249M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 67.3%
Public Transit 0%
Work From Home 12.7%
Other 20%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
122
Restaurants
13
Healthcare
10
Retail
19

Tax & Financial

IRS Avg Adjusted Gross Income
$53,804
25% below US avg ($72,000)
Avg Property Tax
$2,733
22% below US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$41,625
Per Capita Income$14,213
IRS Avg Adjusted Gross Income$53,804
Avg Weekly Wage$1,103
County GDP$249M

Hardship Indicators

Unemployment Rate15.9%
Poverty Rate55.7%
Gini Coefficient0.443
Cost of Living Index98.6

Commute

Mean Commute25 minutes
Drive Alone67.3%
Public Transit0.0%
Work From Home12.7%

Businesses

Total Establishments122
Restaurants13
Healthcare10
Retail19

Tax

IRS Avg AGI$53,804
Avg Property Tax$2,733