Rice County, MN
FIPS: 27131
Median HAM
9.8x
Elevated
Jul 2023
Minimum HAM
18.7x
Very High
Jan 2026
HAM Burden
98%
High
Dec 2025
Not enough historical data to show a trend chart for this county.
Economic Profile
BEA GDP data (2024)
GDP Per Capita
$60,858
National avg: ~$82,000
Total GDP
$4.1B
Thousands of current $
Population
67,097
2020 Census
Top Industries by GDP
Manufacturing26.1%
Real estate and rental and leasing11.6%
Government and government enterprises9.9%
Wholesale trade8.4%
Educational services6.7%
Data Breakdown
Median HAM
Data as of Jul 2023
Median Home Price
$298,500
Census ACS
Gross Median Income
$38,608
Census ACS
Net Median Income
$30,303
Calculated
Median HAM
9.85x
Minimum HAM
Data as of Jan 2026
Median Home Price
$354,125
Redfin
Min Wage (Hourly)
$11.13/hr
State labor data
Net Min Wage Income
$18,904
Calculated
Minimum HAM
18.73x
HAM Burden
Data as of Dec 2025
Monthly Rent
$1,547
Zillow ZORI
Min Wage (Hourly)
$11.13/hr
State labor data
Monthly Net Min Wage
$1,575
Calculated
HAM Burden
98.2%
Methodology: HAM = Home Price / Net Annual Income. Net income assumes single filer, standard deduction, 2,080 hrs/yr for minimum wage. Federal + state tax + FICA deducted. Home price source priority: Zillow ZHVI > Redfin > Census ACS.