Rice County, MN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 44.35, -93.30.
Assembled 2026-10-06. Read the brief.
- 79th pct · 626th of 3,063 US counties · median $234,566
- 84th pct · 14th of 87 Minnesota counties · median $276,116
- 43rd pct · 1,721st of 3,063 US counties · median +2.9%
- 22nd pct · 68th of 87 Minnesota counties · median +4.1%
- 56th pct · 614th of 1,399 US counties · median $1,496
- 72nd pct · 11th of 38 Minnesota counties · median $1,295
- 75th pct · 782nd of 3,221 US counties · median 8,232
- 83rd pct · 15th of 87 Minnesota counties · median 7,739
- 71st pct · 916th of 3,221 US counties · median $1,039
- 74th pct · 23rd of 87 Minnesota counties · median $1,102
- 77th pct · 696th of 3,063 US counties · median 4.3
- 77th pct · 20th of 87 Minnesota counties · median 4.6
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $352,773 (Aug 2026), +2.4% over one year, +20.7% over five
- 79th pct · 626th of 3,063 US counties · median $234,566
- 84th pct · 14th of 87 Minnesota counties · median $276,116
| Item | Value | Distance |
|---|---|---|
| Rice County, MN | $352,773 · +2.4% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Typical rent $1,563/mo (Aug 2026), +4.2% over one year; price-to-rent 18.8
- 56th pct · 614th of 1,399 US counties · median $1,496
- 72nd pct · 11th of 38 Minnesota counties · median $1,295
| Item | Value | Distance |
|---|---|---|
| Rice County, MN | $1,563/mo · +4.2% 1-yr |
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $1,931 a month on $352,773 at 7.28%, against an average weekly wage worth $5,031 a month: 38.4% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $352,773 × 80% = $282,218, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,931/mo principal and interest
- wage share = payment / (avg weekly wage $1,161 × 52 / 12 = $5,031) = 38% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $352,773 / ($1,161 × 52) = 5.8
- price-to-rent = $352,773 / ($1,563 × 12) = 18.8
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
26,190 jobs at 1,756 employers (2026 Q1); +1.2% jobs and +2.3% average weekly wage over the year
- 75th pct · 782nd of 3,221 US counties · median 8,232
- 83rd pct · 15th of 87 Minnesota counties · median 7,739
| Item | Value | Distance |
|---|---|---|
| Rice County, MN | 26,190 jobs · $1,161/wk · +1.2% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 5,436 | $1,555 | 2.58 | +2.4% |
| Health care and social assistance | 3,107 | $997 | 0.79 | +1.2% |
| Retail trade | 2,730 | $693 | 1.07 | +0.5% |
| Educational services | 2,275 | $1,414 | 4.04 | -1.5% |
| Accommodation and food services | 2,171 | $406 | 0.92 | +0.0% |
| Wholesale trade | 1,204 | $1,681 | 1.20 | +9.4% |
| Transportation and warehousing | 1,028 | $1,056 | 0.93 | -1.5% |
| Construction | 1,006 | $1,274 | 0.73 | +4.9% |
| Other services | 860 | $693 | 1.10 | -3.6% |
| Administrative and waste services | 570 | $785 | 0.38 | -8.9% |
| Agriculture, forestry, fishing | 443 | $965 | 2.34 | -1.8% |
| Finance and insurance | 357 | $1,803 | 0.33 | -17.9% |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
D0 abnormally dry
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
Surface water layer not loaded
Sites found: 0, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
Surface water layer not loaded
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
No USGS monitoring wells within 75 km (or above 1,500 km)
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
low (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 / 0.35
Banks & federal dollars #
$1.8 bn in deposits at 17 offices of 10 banks (SOD June 2026); HHI 1,551, moderately concentrated. $394.7 m federal obligations in FY2026 (direct payments $374.9 m, contracts $15.2 m), $15,071 per covered job
| Item | Value | Distance |
|---|---|---|
| Wells Fargo Bank, National Association | $363.6 m · 20.5% share · 2 offices | |
| Community Resource Bank | $339.3 m · 19.2% share · 2 offices | |
| The State Bank of Faribault | $281.9 m · 15.9% share · 2 offices | |
| Rice, MN | $394.7 m FY2026 · $15,071/job | |
| MULTIPLE RECIPIENTS | $343.5 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Wells Fargo Bank, National Association | $363,566,000 | 20.5% | 2 |
| Community Resource Bank | $339,263,000 | 19.2% | 2 |
| The State Bank of Faribault | $281,861,000 | 15.9% | 2 |
| Reliance Bank | $281,615,000 | 15.9% | 1 |
| Merchants Bank, National Association | $217,644,000 | 12.3% | 2 |
| Frandsen Bank & Trust | $169,171,000 | 9.6% | 2 |
| Premier Bank Minnesota | $44,952,000 | 2.5% | 2 |
| Heritage Bank Minnesota | $31,626,000 | 1.8% | 1 |
| Lake Country Community Bank | $28,196,000 | 1.6% | 2 |
| The First National Bank of Le Center | $12,029,000 | 0.7% | 1 |
Deposit concentration is 1,551 across 10 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 10 banks with deposits in the county = 20.5² + 19.2² + 15.9² + … (7 more) = 1,551
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Social Security Administration | $318,350,385 |
| Department of Agriculture | $31,312,362 |
| Department of Veterans Affairs | $25,263,724 |
| Department of Education | $9,289,251 |
| Department of Housing and Urban Development | $4,303,149 |
| Department of Defense | $2,350,148 |
| National Science Foundation | $1,932,198 |
| Railroad Retirement Board | $953,362 |
| Department of Health and Human Services | $618,438 |
| Federal Communications Commission | $351,238 |
| Department of Energy | $80,640 |
| Small Business Administration | $7,894 |
That is $15,071 per covered job, against 26,190 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $394.7 m / 26,190 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $15,071
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 12.69 | 2026-10-05 | +3.3% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 72.60 | 2026-10-06 | +0.0% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 6.00 | 2026-09-22 | -14.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 6,830.00 | 2026-08-01 | +7.4% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 96.16 | 2026-09-29 | -3.2% |
| 30-year fixed mortgage rate · % | 7.28 | 2026-10-01 | +3.6% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| Retail sales excluding food services, monthly · $ millions | 646,347.00 | 2026-08-01 | +1.1% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Rice County, MN: 5 findings, 5 noted
noteRice County, MN's average weekly wage was 2.3% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +2.3 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteRice County, MN's covered employment was 1.2% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +1.2 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteRice County, MN's typical asking rent rose 0.6% from $1,553 in July 2026 to $1,563 in August 2026, on Zillow ZORI.
Period 2026-08.Show the arithmetic
- +0.6% = (1563.2380952380954 - 1553.3747833892694) / 1553.3747833892694 × 100
- 1563.2380952380954 = Zillow ZORI, 2026-08
- 1553.3747833892694 = Zillow ZORI, 2026-07
noteThe next Zillow ZHVI typical home value (monthly) covering Rice County, MN is due between 2026-10-14 and 2026-10-21, estimated from the publisher's past release pattern.
Show the arithmetic
- window = 2026-10-14 to 2026-10-21, estimated from the publisher's past release pattern
estimated from the publisher's past release pattern; not an announced date
noteThe next Zillow ZORI typical rent (monthly) covering Rice County, MN is due between 2026-10-14 and 2026-10-21, estimated from the publisher's past release pattern.
Show the arithmetic
- window = 2026-10-14 to 2026-10-21, estimated from the publisher's past release pattern
estimated from the publisher's past release pattern; not an announced date
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.