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Riceville, TN Profile: Facts & Data

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Riceville, Tennessee - Basic Facts

The Riceville CDP(1) had a population of 699 as of July 1, 2024.

The primary coordinate point for Riceville is located at latitude 35.3848 and longitude -84.693 in McMinn County. The formal boundaries for the Riceville Census Designated Place encompass a land area of 2.18 sq. miles and a water area of 0 sq. miles. McMinn County is in the Eastern time zone (GMT -5).

The Riceville Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Riceville Census Designated Place is located within Commissioner District 5, a minor civil division (MCD) of McMinn County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Riceville 2024 Demographic Data
  2. Growth Rates for Riceville (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Tennessee Research Tools (Easy Tools & Current Data)
  3. Tennessee Data Comparison Tool - 2024 Demographics
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Riceville, TN Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 699 (100%)
Population in Households 699 (100.0%)
Population in Families 587 (84.0%)
Population in Group Quarters1 0
Population Density 321
Diversity Index2 26
 
 

INCOME

Median Household Income $66,285
Average Household Income $88,629
% of Income for Mortgage4 27%
Per Capita Income $36,263
Wealth Index5 82
Socioeconomic Status Index6 Moderate (51.3)
 

HOUSING

Total HU (Housing Units) 319 (100%)
Owner Occupied HU 236 (74.0%)
Renter Occupied HU 50 (15.7%)
Vacant Housing Units 33 (10.3%)
Median Home Value $287,037
Average Home Value $335,911
Housing Affordability Index3 97
 

HOUSEHOLDS

Total Households 286
Average Household Size 2.44
Family Households 193
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population 0.37% 0.09%
Households 1.19% 0.69%
Families   1.31%
Median Household Income   2.11%
Per Capita Income   3.23%
Owner Occupied HU   1.24%

Riceville, TN - Peer Comparisons by Rank and Percentile

The table below compares Riceville to the other 504 incorporated cities, towns and CDPs in Tennessee by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 338 33rd
Population Density # 310 39th
Median Household Income # 185 63rd
Housing Affordability Index # 192 38th
Per Capita Income # 149 71st
Diversity Index # 237 53rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Tennessee Census Data Comparison Tool.

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