Ramsey, IN
Population 478 · Indiana
About Ramsey, IN
Ramsey is a small community located in Indiana with a population of 478 residents according to the latest US Census Bureau American Community Survey data. The median household income is $79,559 per year, which is 6% above the national median of $75,149. The median age of 43.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Ramsey features a median home value of $181,800, which is 26% below the national median of $244,900. This positions Ramsey in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 148 total housing units, 78% are owner-occupied (116 units) and 22% are renter-occupied (32 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ramsey shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ramsey have an average one-way commute time of 31.4 minutes.
Education & Demographics
29.1% of Ramsey residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 6.3% of the population being foreign-born.
Cost of Living in Ramsey, IN
Compared to national averages, Ramsey has a median household income of $79,559 (6% above the national median of $75,149). Home values average $181,800, which is 26% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Ramsey's income is 15% above the state average of $69,330, and home values are 11% above the state median of $163,409.
Why Live in Ramsey, IN?
Ramsey offers a strong local economy with a median household income of $79,559, well above the national average, and affordable housing with a median home value of $181,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 11.5%, better than the national average.
Ramsey has a population of 478 with a median age of 43.8 years. Compare Ramsey with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Ramsey
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Riley | 479 | $72,813 | $92,700 | Compare |
| Laurel | 474 | $24,663 | $76,100 | Compare |
| Van Bibber Lake | 483 | $32,195 | $0 | Compare |
| Williamsburg | 473 | $87,273 | $87,300 | Compare |
| Michigantown | 470 | $73,214 | $125,000 | Compare |
| Elnora | 487 | $48,750 | $90,500 | Compare |
| San Pierre | 489 | $62,750 | $190,800 | Compare |
| Hanna | 490 | $37,625 | $168,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Ramsey With Other Cities
Frequently Asked Questions about Ramsey
What is the population of Ramsey, IN?
The population of Ramsey, IN is 478 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Ramsey?
The median household income in Ramsey, IN is $79,559 per year, which is 6% above the national median of $75,149.
What is the median home value in Ramsey?
The median home value in Ramsey, IN is $181,800, which is 26% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ramsey?
The median monthly rent in Ramsey, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Ramsey?
The unemployment rate in Ramsey, IN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ramsey, IN a good place to live?
Ramsey offers above-average incomes, affordable housing, and a strong job market. With a population of 478 and a median age of 43.8, the city appeals to a broad range of residents.
How educated is Ramsey, IN?
29.1% of residents in Ramsey 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 Ramsey?
Key cost-of-living indicators for Ramsey, IN: median home value is $181,800 (26% below national), median rent is $0/month, and median household income is $79,559. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ramsey?
The poverty rate in Ramsey, IN is 11.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ramsey, IN?
Ramsey's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 8.6% two or more races. 6.3% of residents are foreign-born.