Rice, TX
Population 1,168 · Texas
About Rice, TX
Rice is a small town located in Texas with a population of 1,168 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,063 per year, which is 15% below the national median of $75,149. The median age of 26.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Rice features a median home value of $89,600, which is 63% below the national median of $244,900. This makes Rice one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,210, 4% above the national average of $1,163/month. Of the 395 total housing units, 80% are owner-occupied (309 units) and 20% are renter-occupied (79 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Rice shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.3%, above the national average of 12.4%. Workers in Rice have an average one-way commute time of 24.4 minutes.
Education & Demographics
7.1% of Rice residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 46.9% White, 1.6% Hispanic or Latino, 0.0% Black or African American, and 0.9% Asian residents, with 13.8% of the population being foreign-born.
Cost of Living in Rice, TX
Compared to national averages, Rice has a median household income of $64,063 (15% below the national median of $75,149). Home values average $89,600, which is 63% below the national median. Monthly rent at $1,210 is 4% above the US average of $1,163. Within Texas, Rice's income is 12% below the state average of $72,726, and home values are 58% below the state median of $211,769.
Why Live in Rice, TX?
Rice offers affordable housing with a median home value of $89,600, below the US average of $244,900, and a strong job market with an unemployment rate of just 1.4%, and short commute times averaging just 24.4 minutes.
Potential considerations include median household income ($64,063) that falls below the national average. However, Rice’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rice has a population of 1,168 with a median age of 26.1 years. Compare Rice with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Rice
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eustace | 1,167 | $64,000 | $144,000 | Compare |
| Miles | 1,170 | $77,917 | $170,600 | Compare |
| St. Paul | 1,165 | $0 | $61,400 | Compare |
| Claude | 1,164 | $74,554 | $180,800 | Compare |
| Sam Rayburn | 1,163 | $80,500 | $232,000 | Compare |
| Sterling City | 1,173 | $120,208 | $127,600 | Compare |
| Chico | 1,174 | $58,125 | $160,300 | Compare |
| Southwest Sandhill | 1,174 | $71,618 | $117,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Rice With Other Cities
Frequently Asked Questions about Rice
What is the population of Rice, TX?
The population of Rice, TX is 1,168 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Rice?
The median household income in Rice, TX is $64,063 per year, which is 15% below the national median of $75,149.
What is the median home value in Rice?
The median home value in Rice, TX is $89,600, which is 63% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rice?
The median monthly rent in Rice, TX is $1,210, which is 4% above the national average of $1,163/month.
What is the unemployment rate in Rice?
The unemployment rate in Rice, TX is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Rice, TX a good place to live?
Rice offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,168 and a median age of 26.1, the city appeals to young professionals and families.
How educated is Rice, TX?
7.1% of residents in Rice aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Rice?
Key cost-of-living indicators for Rice, TX: median home value is $89,600 (63% below national), median rent is $1,210/month, and median household income is $64,063. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Rice?
The poverty rate in Rice, TX is 13.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Rice, TX?
Rice's population is 46.9% White, 1.6% Hispanic or Latino, 0.0% Black or African American, 0.9% Asian, and 14.0% two or more races. 13.8% of residents are foreign-born.