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Rice, MN

Full City Profile · Minnesota · Benton County County

4.0 /5.0
A Great
1,998 Population 351/sq mi density
$103,482 Median Income $36,628 per capita
$237,600 Home Value $343,877 Zillow
$1,529 Median Rent 21.6% income on rent
42°F Avg Temperature 270 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$103,482 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$237,600 home value, $1,529/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
3.5 / 5.0
31.8% bachelor's degree or higher

Income Overview

Median Household Income
$103,482
38% above
US avg: $75,149
Per Capita Income
$36,628
6% below
US avg: $39,052
Unemployment Rate
1.5%
58% below
US avg: 3.6%
Poverty Rate
0.9%
93% below
US avg: 12.4%

Income Comparison: Rice vs. U.S. Average

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

Median Household
US: $75,149
$103,482
138%
Per Capita
US: $39,052
$36,628
94%
IRS Avg AGI
US: $72,000
$69,499
97%
Avg Weekly Wage
US: $1,432
$1,076
75%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,076
25% below US avg ($1,432)
Mean Commute Time
24 min
14% below US avg (28 min)
Work From Home
9.4%
38% below US avg (15.2%)
Drive Alone
84.5%
15% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,398M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 84.5%
Public Transit 0%
Work From Home 9.4%
Other 6.1%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,063
Restaurants
56
Healthcare
119
Retail
117
Manufacturing
68

Tax & Financial

IRS Avg Adjusted Gross Income
$69,499
3% below US avg ($72,000)
Avg Property Tax
$4,076
16% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$103,482
Per Capita Income$36,628
IRS Avg Adjusted Gross Income$69,499
Avg Weekly Wage$1,076
County GDP$2,398M

Hardship Indicators

Unemployment Rate1.5%
Poverty Rate0.9%
Gini Coefficient0.393
Cost of Living Index98.6

Commute

Mean Commute24 minutes
Drive Alone84.5%
Public Transit0.0%
Work From Home9.4%

Businesses

Total Establishments1,063
Restaurants56
Healthcare119
Retail117
Manufacturing68

Tax

IRS Avg AGI$69,499
Avg Property Tax$4,076