Ramsey, MN
Population 28,070 · Minnesota
About Ramsey, MN
Ramsey is a mid-sized city located in Minnesota with a population of 28,070 residents according to the latest US Census Bureau American Community Survey data. The median household income is $112,060 per year, which is 49% above the national median of $75,149. The median age of 36.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ramsey features a median home value of $345,000, which is 41% above 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 $1,780, 53% above the national average of $1,163/month. Of the 10,419 total housing units, 85% are owner-occupied (8,684 units) and 15% are renter-occupied (1,480 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ramsey shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 3.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ramsey have an average one-way commute time of 27.6 minutes.
Education & Demographics
32.9% 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 0.9% White, 0.9% Hispanic or Latino, 0.3% Black or African American, and 0.3% Asian residents, with 6.6% of the population being foreign-born.
How Ramsey Ranks in Minnesota
Cost of Living in Ramsey, MN
Compared to national averages, Ramsey has a median household income of $112,060 (49% above the national median of $75,149). Home values average $345,000, which is 41% above the national median. Monthly rent at $1,780 is 53% above the US average of $1,163. Within Minnesota, Ramsey's income is 51% above the state average of $74,221, and home values are 69% above the state median of $204,472.
Why Live in Ramsey, MN?
Ramsey offers a strong local economy with a median household income of $112,060, well above the national average, and a low poverty rate of 3.7%, better than the national average.
Ramsey has a population of 28,070 with a median age of 36.9 years. Compare Ramsey with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Ramsey
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oakdale | 28,109 | $90,379 | $305,900 | Compare |
| Chaska | 28,146 | $110,000 | $379,400 | Compare |
| Prior Lake | 27,832 | $130,278 | $429,900 | Compare |
| Shoreview | 26,724 | $109,399 | $365,100 | Compare |
| Rosemount | 26,509 | $127,247 | $406,100 | Compare |
| Owatonna | 26,462 | $81,276 | $234,600 | Compare |
| Elk River | 26,367 | $99,457 | $338,300 | Compare |
| Fridley | 29,944 | $79,274 | $277,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
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, MN?
The population of Ramsey, MN is 28,070 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Minnesota.
What is the median household income in Ramsey?
The median household income in Ramsey, MN is $112,060 per year, which is 49% above the national median of $75,149.
What is the median home value in Ramsey?
The median home value in Ramsey, MN is $345,000, which is 41% above 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, MN is $1,780, which is 53% above the national average of $1,163/month.
What is the unemployment rate in Ramsey?
The unemployment rate in Ramsey, MN is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ramsey, MN a good place to live?
Ramsey offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 28,070 and a median age of 36.9, the city appeals to a broad range of residents.
How educated is Ramsey, MN?
32.9% 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, MN: median home value is $345,000 (41% above national), median rent is $1,780/month, and median household income is $112,060. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ramsey?
The poverty rate in Ramsey, MN is 3.7%, 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, MN?
Ramsey's population is 0.9% White, 0.9% Hispanic or Latino, 0.3% Black or African American, 0.3% Asian, and 7.6% two or more races. 6.6% of residents are foreign-born.