Rice is a very small city located in the state of Minnesota. With a population of 2,177 people and two associated neighborhoods, Rice is the 318th largest community in Minnesota. Rice has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Rice, where the median household income is $103,482.00.

A relatively large number of people in Rice telecommute to their jobs. Overall, about 9.39% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Rice is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Rice really has some of the features that families look for when choosing a good community to raise children. Is Rice perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

Rice is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

In terms of college education, Rice is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 31.79% of adults in Rice have a college degree.

The per capita income in Rice in 2022 was $36,628, which is middle income relative to Minnesota and the nation. This equates to an annual income of $146,512 for a family of four.

The people who call Rice home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Rice residents report their race to be White, followed by Black or African-American. Important ancestries of people in Rice include German, Polish, Irish, Norwegian, and Swedish.

The most common language spoken in Rice is English. Other important languages spoken here include Polish and Italian.