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Rice Lake city, Minnesota

City

Population: 4,120 (2023 estimate)

Located in Minnesota , Minnesota

Census Bureau data for Rice Lake city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Rice Lake city

What is the median household income in Rice Lake city?
The median household income in Rice Lake city is $95,347 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Rice Lake city?
The poverty rate in Rice Lake city is 3.6% (U.S. Census Bureau ACS 2023).
What is the median home value in Rice Lake city?
$283,700 (U.S. Census Bureau ACS 2023).
What is the average rent in Rice Lake city?
The median gross rent in Rice Lake city is $1,328 per month (U.S. Census Bureau ACS 2023).
What percentage of Rice Lake city residents have a college degree?
31.7% of adults in Rice Lake city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
4,120
Median Income
$95,347
Median Home Value
$283,700
Poverty Rate
3.6%
Unemployment (ACS 2023)
0.7%
Median Age
44.0 yrs
Since 2019 Median Income: +$17,847 (+23%) Home Value: +$74,200 (+35.4%) Poverty Rate: +1.7 pp (+89.5%) Bachelor's+: +6.1 pp (+23.8%) Unemployment: -0.9 pp (-56.3%)

Demographics

Total Population 4,120
Median Age 44.0
Female 49.4%
Race & Ethnicity
Hispanic or Latino 0.3% White (non-Hisp.) 97.7% Asian 0.5% Two or More 1.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $95,347 ±$12,803
+$7,791 vs. state
Per Capita Income $121,435
Median Family Income $101,607
Poverty Rate 3.6%
-1.9 pp vs. state
Child Poverty Rate 0.0%
Working-Age Poverty Rate
SNAP Recipients 2.7%
Social Security Income
Retirement Income 29.2%
Household Income Distribution
< $10k
2.5%
$10–15k
8.1%
$15–25k
2.2%
$25–35k
7.3%
$35–50k
7.2%
$50–75k
13.0%
$75–100k
11.6%
$100–150k
27.3%
$150–200k
12.7%
$200k+
8.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,825
Owner-Occupied 90.5%
Renter-Occupied 9.5%
Vacancy Rate 5.7%
Median Home Value $283,700
-$21,800 vs. state
Median Gross Rent $1,328
Owner Cost Burden (30%+) 13.0%
Renter Cost Burden (30%+) 14.4%
Home Value Distribution
< $50k
3.2%
$50–100k
0.6%
$100–200k
13.0%
$200–300k
32.7%
$300–500k
33.6%
$500k–$1M
9.4%
Gross Rent Distribution
$500–1k
27.1%
$1–1.5k
58.5%
$1.5–2k
14.4%
Vehicle Availability
No vehicle
2.3%
1 vehicle
15.0%
2 vehicles
49.3%
3+
33.4%
Housing Type
Single-fam. det.
92.2%
Single-fam. att.
0.4%
20+ units
1.5%
Mobile home
5.9%
Housing Age
Pre-1940
14.4%
1940–1969
3.5%
1970–1999
15.5%
2000–2009
12.8%
2010+
6.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 95.5%
Bachelor's or Higher 31.7%
-7.1 pp vs. state
Graduate Degree 9.1%
Some College / Associate 20.4%
Less Than High School 2.0%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 58.0%
Unemployment Rate 0.7%
-3.2 pp vs. state
Work from Home 5.7%
Self-Employed 3.0%
Government Workers 24.0%
Private For-Profit 73.0%
Industry
Edu/Health
29.7%
Manufacturing
12.7%
Public Admin
10.9%
Arts/Entmt.
9.7%
Retail
8.1%
Construction
7.3%
Transportation
7.3%
Finance
5.4%
Prof. Services
4.2%
Wholesale
2.7%
Agriculture
0.5%
Occupation
Management
46.0%
Sales
22.5%
Food Prep
13.7%
Production
11.0%
Construction
6.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 22.2 min
Drove Alone 81.7%
Carpool 8.2%
Public Transit 0.1%
Work from Home 5.7%
Walked 3.5%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,721
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 63.0%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 22.8%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.0%
5–9
5.5%
10–14
4.1%
15–19
6.9%
20–24
4.1%
25–34
9.2%
35–44
15.4%
45–54
11.2%
55–64
7.8%
65–74
6.9%
75–84
15.6%
85+
7.1%
Under 18: 18.8% Working age (18–64): 81.2% 65 and over: 23.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 0.0%
Naturalized Citizen 100.0%
Speaks English Less Than Very Well 0.0%

Veterans & Disability

Veteran 11.0%
With a Disability 11.1%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 98.3%
Uninsured 1.7%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 81.2%
Has a Computer 87.5%
Same House 1 Year Ago 92.4%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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