HomeMinnesotaBenton CountyRice
Rice, Minnesota: commercial real estate data.
Rice is a Census city of 2,085 people across 5.70 square miles of land, in Benton County. Median household income is $107,692, 88.6 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $3.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Rice
What Rice is
- Census place typecity
- Land area5.7 sq mi
- Water area0.04 sq mi
- Population per square mile of land366
- County holding the largest share of its areaBenton County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rice
How many people live in Rice
- Population2,085
- Median age33.2
- Population under 18645
- Share under 1830.9 percent
- Population 65 and over179 plus or minus 48
- Share 65 and over8.6 percent plus or minus 2.1
- Households746
- Family households555
- Share of households that are families74.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rice
Income and work in Rice
- Median household income$107,692
- Per capita income$39,533
- Civilian labor force1,246
- Employed1,217
- Unemployed29 plus or minus 22
- Unemployment rate2.3 percent plus or minus 1.7
- Adults 25 and over1,348
- Adults 25 and over with a high school diploma or higher96.7 percent
- Adults 25 and over with a bachelor degree or higher28.8 percent plus or minus 5.8
- Adults 25 and over with a graduate degree10.0 percent plus or minus 4.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rice
Housing in Rice
- Housing units746
- Occupied units746
- Vacant units0
- Vacancy rate0.0 percent
- Owner occupied661
- Renter occupied85 plus or minus 33
- Ownership rate88.6 percent
- Median owner-occupied home value$266,600
- Median gross rent, monthly$1,144 plus or minus $408
- Annual rent as a share of median income12.7 percent plus or minus 4.8
- Single family units699
- Share single family93.7 percent
- Units in buildings of two or more43 plus or minus 27
- Share in buildings of two or more5.8 percent plus or minus 3.5
- Mobile homes4 plus or minus 5
- Median year structure built2003
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rice
How Rice gets to work
- Workers 16 and over who commute1,068
- Commuting under 15 minutes136 plus or minus 37
- Share commuting under 15 minutes12.7 percent plus or minus 3.0
- Commuting 30 minutes or more248 plus or minus 53
- Share commuting 30 minutes or more23.2 percent
- Drove alone79.7 percent
- Carpooled5.2 percent plus or minus 2.1
- Public transport0.0 percent
- Walked2.1 percent plus or minus 1.8
- Worked from home12.0 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rice
SBA loans in Rice (7(a))
- Approvals14
- Gross approval$3,903,400
- Average approval$278,814
- Median approval$115,000
- Largest approval$1,248,900
- Jobs supported132
- Jobs per approval9.4
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises0.0 percent
- Distinct lenders9
- Distinct industries by NAICS10
Counted by borrower city: approvals to borrowers whose address is in Rice, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Rice
SBA loans in Rice (504)
- Approvals6
- Gross approval$2,404,000
- Average approval$400,667
- Median approval$391,500
- Largest approval$794,000
- Jobs supported23
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Rice, in any county, FY2010 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Rice
Flood risk in Rice
- NFIP communityCity of Rice
- NFIP community number270597
- Participating in the NFIPNo
- Community Rating System classNone
- Currently effective map date08/16/11
The City of Rice does not participate in the National Flood Insurance Program as community 270597 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Benton County, not Rice
Benton County context, not Rice figures
- Establishments in Benton County975
- Covered employment, Benton County17,384
- Average annual pay, Benton County$55,955
- Housing units permitted, Benton County82
Every figure in this section is published for Benton County as a whole and is not a measurement of Rice.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Rice questions, answered from the record.
How many people live in Rice, Minnesota?
2,085, in 746 households. Rice city covers 5.70 square miles of land, which is 366 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Rice in?
Benton County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Rice?
$107,692. The median owner-occupied home is valued at $266,600. Median gross rent is $1,144 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Rice businesses?
14 7(a) approvals totaling $3.9 m since FY2020, across 9 lenders, median approval $115,000, plus 6 504 approvals worth $2.4 m since FY2010. These count approvals to borrowers whose address is in Rice, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Rice borrowers get paid back?
No rate is published for Rice. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Rice in the National Flood Insurance Program?
No, it is listed but not participating. Rice appears in the FEMA Community Status Book as Rice, city of, community 270597, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Rice figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Benton County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Rice.
Is zoning published for Rice?
No. Nothing on this page presents parcel level zoning.
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