Rice County, Minnesota
Income Data
At a Glance
How Rice County Compares
Detailed Income Statistics
Data Story
About Household Income in Rice County, Minnesota
Rice County outearns the nation
Rice County's median household income of $82,792 exceeds the national median of $74,755 by nearly 11%—a strong position compared to most U.S. counties. The county ranks well above the typical American household's earning power.
Above-average Minnesota earners
At $82,792, Rice County surpasses Minnesota's state average of $75,757, placing it in the upper half of the state's counties. The per capita income of $38,276 also outpaces the state's average of $39,335.
Rice leads nearby rural counties
Rice County's $82,792 median income significantly outpaces Renville ($69,086), Rock ($70,698), and Roseau ($73,611) counties. Within its peer group, Rice represents the strongest earning potential and economic vitality.
Higher incomes, higher housing costs
Rice County's rent-to-income ratio of 15.2% creeps slightly above the ideal 15% threshold, reflecting higher home values ($298,500). The stronger median income helps offset these elevated housing costs, though affordability requires careful budgeting.
Leverage strong earnings for growth
Rice County's above-average income of $82,792 provides meaningful opportunity to invest beyond basic housing needs. Consider automating contributions to investment accounts or tax-advantaged retirement plans to capture long-term wealth accumulation.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Rice County median
County median: $82,792 per year
vs. County Median
+0%
vs. State Average
+9%
vs. National Median
+11%
Income Adequacy
Your monthly income ($6,899) vs. median rent ($1,046/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.