HomeMinnesotaSt. Louis CountyRice Lake city
Rice Lake city, Minnesota: commercial real estate data.
Rice Lake city is a Census city of 4,153 people across 32.73 square miles of land, in St. Louis County. Median household income is $89,663, 90.3 percent of occupied homes are owned.
60 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Rice Lake
What Rice Lake is
- Census place typecity
- Land area32.73 sq mi
- Water area1.04 sq mi
- Population per square mile of land127
- County holding the largest share of its areaSt. Louis 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 Lake
How many people live in Rice Lake
- Population4,153
- Median age44.3
- Population under 18819 plus or minus 164
- Share under 1819.7 percent plus or minus 3.9
- Population 65 and over949 plus or minus 205
- Share 65 and over22.9 percent plus or minus 4.9
- Households1,702
- Family households1,270
- Share of households that are families74.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rice Lake
Income and work in Rice Lake
- Median household income$89,663
- Per capita income$42,172
- Civilian labor force2,007
- Employed1,982
- Unemployed25 plus or minus 27
- Unemployment rate1.2 percent plus or minus 1.3
- Adults 25 and over3,077
- Adults 25 and over with a high school diploma or higher93.3 percent
- Adults 25 and over with a bachelor degree or higher33.9 percent
- Adults 25 and over with a graduate degree12.0 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rice Lake
Housing in Rice Lake
- Housing units1,801
- Occupied units1,702
- Vacant units99 plus or minus 80
- Vacancy rate5.5 percent plus or minus 4.4
- Owner occupied1,537
- Renter occupied165 plus or minus 72
- Ownership rate90.3 percent
- Median owner-occupied home value$309,600
- Median gross rent, monthly$1,305
- Annual rent as a share of median income17.5 percent plus or minus 3.5
- Single family units1,641
- Share single family91.1 percent
- Units in buildings of two or more35 plus or minus 32
- Share in buildings of two or more1.9 percent plus or minus 1.7
- Mobile homes125 plus or minus 66
- Median year structure built1972
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rice Lake
How Rice Lake gets to work
- Workers 16 and over who commute1,794
- Commuting under 15 minutes415 plus or minus 128
- Share commuting under 15 minutes23.1 percent plus or minus 6.6
- Commuting 30 minutes or more418 plus or minus 140
- Share commuting 30 minutes or more23.3 percent plus or minus 7.3
- Drove alone78.9 percent
- Carpooled7.5 percent plus or minus 5.5
- Public transport0.1 percent plus or minus 0.2
- Walked3.3 percent plus or minus 3.0
- Worked from home9.6 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rice Lake
SBA loans in Rice Lake (504)
- Approvals4
- Gross approval$6,076,000
- Average approval$1,519,000
- Median approval$1,588,000
- Largest approval$2,955,000
- Jobs supported19
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
St. Louis County, not Rice Lake
St. Louis County context, not Rice Lake figures
These are St. Louis 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 Lake measurements.
- Establishments in St. Louis County5,360
- Employment at those establishments, St. Louis County84,223
- Covered employment, St. Louis County95,504
- Average annual pay, St. Louis County$60,452
- Average weekly wage, St. Louis County$1,163
- Housing units permitted, St. Louis County637
- Of those, single family, St. Louis County293
- County product, 2024, St. Louis County$13,873,687,000
- County product change over the prior year, St. Louis County1.6 percent
- Average income of an arriving household, St. Louis County$61,324
Every figure in this section is published for St. Louis County as a whole and is not a measurement of Rice Lake. 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 Lake questions, answered from the record.
How many people live in Rice Lake, Minnesota?
4,153, in 1,702 households. Rice Lake city covers 32.73 square miles of land, which is 127 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Rice Lake in?
St. Louis 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 Lake?
$89,663. The median owner-occupied home is valued at $309,600. Median gross rent is $1,305 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Rice Lake figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for St. Louis 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 Lake.
Is zoning published for Rice Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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