Cost of Living in Ramsey, MN
Population: 28,070 • 2026 Data
$112,060
Median Household Income
+45% vs national
$1,780
Median Monthly Rent
+32% vs national
$345,000
Median Home Value
+2% vs national
4.5%
Unemployment Rate
Housing in Ramsey
The median home value in Ramsey, MN is $345,000. Monthly rent for a typical unit averages $1,780, while total monthly housing costs (including utilities and insurance) average $1,731.
Rent-to-income ratio: 19.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Ramsey, MN is $112,060. The unemployment rate stands at 4.5%, with a labor force of 15,565 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.