HomeMinnesotaBenton CountyRice city
Rice city, Minnesota: commercial real estate data.
Rice city 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.
76 sourced place values · tier FULL · 8 sections · 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$135,000
- Ninetieth percentile approval$600,000
- 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
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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$405,000
- Largest approval$794,000
- Jobs supported23
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Benton County, not Rice
Benton County context, not Rice figures
These are Benton County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Rice measurements.
- Establishments in Benton County975
- Employment at those establishments, Benton County16,944
- Covered employment, Benton County17,384
- Average annual pay, Benton County$55,955
- Average weekly wage, Benton County$1,076
- Housing units permitted, Benton County82
- Of those, single family, Benton County75
- County product, 2024, Benton County$2,397,767,000
- County product change over the prior year, Benton County2.1 percent
- Average income of an arriving household, Benton County$49,520
Every figure in this section is published for Benton County as a whole and is not a measurement of Rice. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $3.9 m, across 9 lenders, median approval $135,000, plus 6 504 approvals worth $2.4 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Rice figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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