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Rice County

Learn about the people, housing, costs and businesses in Rice County County

Median Home$318,944
Median Rent$1,152/month
Population67,917
Leading IndustriesPublic Administration · Transportation · Retail29% public administration
Home Value Growth+8.4% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners76% of occupied units
NotableHigh Incomes$83k/year · top 17% nationally
Rice County
MN

Frequently Asked Questions

What are today's mortgage rates in Rice County?

As of today, the 30-year fixed mortgage rate for Rice County is approximately 7.072% (7.099% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Rice County?

The median home value in Rice County is $319k. The median monthly rent is $1,152. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rice County?

Home values in Rice County have increased 8.4% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Rice County?

Based on a typical all-in ownership cost of $1,341/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rice County is $83k/year.

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What industries drive the economy in Rice County?

The largest employment sectors in Rice County are public administration (29%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas