Rice Lake
Rice Lake city, Minnesota
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.
Rice Lake, Minnesota at a Glance
Rice Lake is a city in Rice Lake city, Minnesota with a population of approximately 4,120. The median home value is $273,200 and the median household income is $91,442.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $592 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$273,200
Median Income
$91,442
Population
4,120
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 4,120
- Median Age
- N/A
- Median Household Income
- $91,442
23% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 36.8%
197% above nat'l avg
- Median Home Value
- $273,200
3% below nat'l avg
- Median Rent
- $592
49% below nat'l avg
- Homeownership Rate
- 60.5%
8% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 5.7 per 1K
70% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 15.7%
324% above nat'l avg
- Poverty Rate
- 36.8%
197% above nat'l avg
Weather & Climate in Rice Lake
Avg High
54°F
Avg Low
36°F
Annual Rainfall
31.7"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Benton County county-level presidential election data
Culture & Things to Do in Rice Lake
Bayfront Blues Festival
Annual blues music festival held in Duluth.
Grandma's Marathon
A long-distance running event held annually in Duluth.
Duluth Airshow
An annual airshow featuring various aerial performances.
Festival Foods Firecracker 5k
A 5k run held annually in Superior, WI.
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