Rice Lake at a Glance
Population
4,120
Median Home Value
$273,200
Nat'l avg: $281,900
Median Rent
$592
Nat'l avg: $1,163
Median Income
$91,442
Nat'l avg: $74,580
Violent Crime
1.2 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Rice Lake
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Best Neighborhoods
Top-rated neighborhoods in Rice Lake ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Rice Lake
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Rice Lake
Young Professionals
Best neighborhoods for career starters in Rice Lake
Retiree Neighborhoods
Best neighborhoods for retirees in Rice Lake
Living In Guide
Complete guide to life in Rice Lake — cost, safety, schools & more
All Neighborhoods
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About Rice Lake
Rice Lake is a charming slice of Minnesota life, offering a blend of small-town tranquility and accessible urban amenities. Imagine tree-lined streets, friendly neighbors, and a community feeling that's hard to find in larger cities. The cost of living here is a major draw, especially in the current market. With a median home value of around $273,200, it significantly undercuts the national average, making homeownership a realistic dream. The median household income of $91,442 reflects a stable and comfortable standard of living, allowing residents to enjoy the local lifestyle and recreational opportunities that the area offers. From an investment perspective, Rice Lake presents a compelling case. The housing market is stable, and the area is particularly attractive to families and those seeking a quieter pace of life without sacrificing access to essential services. While I don't have unemployment figures, the robust median income suggests a healthy local economy. Crime rates are very low, making it a safe and secure place to raise a family or simply enjoy peace of mind. Rice Lake is ideal for those seeking affordability, a strong sense of community, and the beauty of the Minnesota landscape right on their doorstep.