Living in Ramsey, Minnesota

Cost of living, income, home prices, rent and demographics of Ramsey · Census data 2020–2024

Ramsey has 28,421 residents with a median age of 36.9. The median household income is $116,415 (31% higher than the Minnesota median), the median home value is $359,600, the median rent is $1,826/month.

Ramsey at a glance

Population
28,421
Median age
36.9State: 38.8
Median household income
$116,415State: $89,062
Median home value
$359,600State: $329,300
Median rent
$1,826/moState: $1,280
Homeowners
85%
Bachelor's degree or higher
34.4%
Average commute
28 min

Is Ramsey a good place to live?

Pros: Median household income 31% higher than the Minnesota median; a poverty rate of 4.1%.

Cons: Home values 9% higher than the state median; an average commute of 28 minutes; unemployment of 4.4%.

The weather is best in June to September.

Cost of living in Ramsey

Housing is the biggest part of the cost of living. In Ramsey the median home value is $359,600, 8% higher than the U.S. median. Renters pay a median of $1,826 per month, which is 27.8% of household income. Homeowners with a mortgage pay $2,004 a month in housing costs.

Median home value

Ramsey$359,600
Minnesota$329,300
United States$332,700

Median monthly rent

Ramsey$1,826
Minnesota$1,280
United States$1,413

Ramsey median household income

The median household income in Ramsey is $116,415 and the income per person is $47,941. 4.1% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Ramsey$116,415
Minnesota$89,062
United States$80,734

Housing in Ramsey: homes for sale and rent

Housing units
10,963
Owner-occupied
85%
Renter-occupied
15%
Vacant
2.5%Includes seasonal homes
Median year built
1996
Average household size
2.66

Ramsey demographics

Population
28,421
Median age
36.9
Under 18
26.4%
65 and older
16.6%
Households
10,693
Foreign-born
6.5%
Veterans
7.3%Adults 18+

Race and ethnicity

White82.6%
Hispanic or Latino1.6%
Black7.4%
Asian3.3%

Hispanic or Latino can be of any race. Population history of Ramsey ›

Education in Ramsey

34.4% of adults 25 and older in Ramsey have a bachelor's degree or higher (Minnesota: 39.4%), and 8.8% have a graduate or professional degree.

Bachelor's degree or higher

Ramsey34.4%
Minnesota39.4%
United States35.7%

Jobs and commute in Ramsey

Unemployment rate
4.4%State: 4.1%
Average commute
28 minState: 23 min
Work from home
17.3%
Drive alone
76.1%
Public transit
1.2%
Walk to work
0.3%
Homes with broadband
94.9%

Ramsey vs nearby towns

TownPopulationMedian incomeHome valueRent
Ramsey28,421$116,415$359,600$1,826
Anoka17,970$75,948$308,700$1,269
Dayton9,095$148,947$511,300$1,651
Andover33,035$137,593$410,200$2,037
Nowthen4,538$160,417$460,000—
Champlin23,294$116,102$358,700$1,689
Elk River26,793$108,741$370,100$1,283
Rogers13,685$158,750$459,700$1,789
Otsego22,245$119,927$396,700$1,765

More for people moving to Ramsey

Ramsey ZIP code ›Weather and climate ›

Living in Ramsey: FAQ

What is the median household income in Ramsey, MN?

The median household income in Ramsey is $116,415, 31% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Ramsey?

The median home value in Ramsey is $359,600, compared with $329,300 in Minnesota.

How much is rent in Ramsey?

The median gross rent in Ramsey is $1,826 per month, about 27.8% of household income.

Is Ramsey, MN a good place to live?

Pluses: median household income 31% higher than the Minnesota median; a poverty rate of 4.1%. Minuses: home values 9% higher than the state median; an average commute of 28 minutes; unemployment of 4.4%.

What is the median age in Ramsey?

The median age in Ramsey is 36.9 years (Minnesota: 38.8).

How long is the commute in Ramsey?

The average commute to work in Ramsey is 28 minutes; 17.3% of workers work from home.

What is the unemployment rate in Ramsey?

The unemployment rate in Ramsey is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Ramsey?

34.4% of adults in Ramsey have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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