Is Ramsey, Minnesota a Good Place To Live? - Living In Ramsey, MN

Is Ramsey, Minnesota a good place to live?
Ramsey is a city in Minnesota state in USA with a population of 27201 residents.. The poverty rate of Ramsey is 3.9%, which is 72% lower than national average. The typical household in Ramsey earns $97779 a year, compared to the national median of $67,500. Nearly 18.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Ramsey, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ramsey remained 3.3%, which is 30% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Ramsey, only 31% of adults have a bachelor's degree and 38% have some college but no degree.

Cost of living in Ramsey is 109, which is 9% higher than national average. Median home value in Ramsey is $264900 , which is 15% higher than national average. While median income in Ramsey remained $97779, which is 45% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
27201
Unemployment
3.3%
30% NAT AVG.
Poverty
3.9%
72% NAT AVG.
Overall Score
9
Median Home Cost
$264900
15% NAT AVG.
Median Income
$97779
45% NAT AVG.
Median Rent
$1510
30% NAT AVG.
Cost Of Living
109
9% NAT AVG.
People Living BPL
1 in 26
Unemployed People
1 in 30
People Earning < $10,000
1 in 56
People Earning < $50,000
18.6%
People with <= High School
1 in 3.2
People With Any Degree
1 in 2.2
Pros & Cons Overview

Jobs85%

Housing85%

Affordability80%

Safety85%

Amenities80%

Diversity60%

Education85%

Commute50%