Ramsey County, Minnesota Income Statistics
Ramsey County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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B
Ramsey County Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Ramsey County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $82,398 | $89,852 | $80,455 |
| Median Personal Income | $63,691 | $67,028 | $60,758 |
| Average Yearly Income Growth | 4.5% | 4.4% | 4.8% |
| Six-Figure Earners | 14.2% | 15.1% | 13.9% |
| $200k+ Households | 12.8% | 13.8% | 13.2% |
The median household income in Ramsey County is about 8% lower than in Minnesota. Income has been growing faster in Ramsey County (4.5%/yr) than in Minnesota (4.4%/yr).
About 14% of adults in Ramsey County earn six figures ($100,000 or more) a year, lower than the Minnesota average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Ramsey County, Minnesota grew by 56.9% from 2009 to 2024, reaching $82,398 in 2024. That's an average of about 4.5% per year.
Income Inequality and the Gender Pay Gap in Ramsey County
| Metric | Ramsey County | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.514 | 0.507 | 0.552 |
| Male Median Income | $70,330 | $74,898 | $69,667 |
| Female Median Income | $63,025 | $62,922 | $56,850 |
| Gender Pay Gap | 10.4% | 16.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Ramsey County, it is 0.514, higher than Minnesota's 0.507, so income is less evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 12% more than women's income in Ramsey County, Minnesota. Over a 35-year career, a 12% wage gap accumulates to roughly $255,675 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Ramsey County, Minnesota has narrowed from about 17% to 10% in 2024. Over that period the gap was narrowest at 9% in 2019. In dollar terms, the gap has narrowed by $941 since 2009.
Employment
| Metric | Ramsey County | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.9% | 4.1% | 5.2% |
| Working from Home | 20.5% | 17.6% | 15.0% |
| Commute time (minutes) | 20 | 20 | 22 |
Approximately 14,369 people are unemployed in Ramsey County, Minnesota.
The average commute time in Ramsey County is 20 minutes, about the same as in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Ramsey County, Minnesota has fallen from 8.1% to 4.9% in 2024. Over that period the rate peaked at 8.6% in 2012 and fell as low as 4.5% in 2019.
Ramsey County, MN Wealth Compared With Nearby Counties
Ramsey County, MN is the 2nd largest of the 6 counties compared here, 542,690 residents against a local median of 370,272. Where Ramsey County, MN breaks from the counties next to it is unemployment, sitting 19% above the local median of 4.1% at 4.9%. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $82,398 against a local median of $101,615, 19% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Ramsey County, MN reads weaker than its neighbours on all of them. The counties themselves spread 1.2% on unemployment, so Ramsey County, MN sits at one end of an already wide local range rather than apart from it. Ramsey County, MN has the 6th lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Ramsey County, MN | 542,690 | $82,398 #6/6 | 4.5%/yr #2/6 | 4.9% #6/6 | 0.514 #6/6 |
| Washington County, MN | 276,224 | $115,522 | 3.7%/yr | 3.4% | 0.499 |
| Anoka County, MN | 370,272 | $101,615 | 4.1%/yr | 4.3% | 0.491 |
| Dakota County, MN | 445,396 | $106,144 | 4.1%/yr | 3.6% | 0.492 |
| Hennepin County, MN | 1,268,249 | $97,974 | 4.7%/yr | 4.5% | 0.504 |
| Chisago County, MN | 57,989 | $99,358 | 4.0%/yr | 4.1% | 0.504 |
Conclusion
Considering all these factors, Ramsey County, Minnesota has an overall wealth index grade of B, making it about on par with Minnesota, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Ramsey County, Minnesota.
How Rich Is Ramsey County, Minnesota?
Ramsey County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $82,398, about 8% lower than the Minnesota average of $89,852.
How has median household income changed in Ramsey County, Minnesota?
Between 2009 and 2024, the median household income in Ramsey County, Minnesota rose 57%, from $52,507 to $82,398. Over the same years, income here kept pace with Minnesota as a whole: +57% against +57%.
What was the median household income in Ramsey County in 2023?
In 2023, the median household income in Ramsey County, Minnesota was $81,392, up 4% from $78,175 in 2022. The Minnesota median that year was $88,324.
What was the median household income in Ramsey County in 2020?
In 2020, the median household income in Ramsey County, Minnesota was $67,928. By 2024 it had risen 21% to $82,398.
What is the Gini coefficient in Ramsey County, Minnesota?
The Gini coefficient in Ramsey County is 0.514. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Ramsey County, Minnesota?
Since 2009, the income gap between men and women in Ramsey County, Minnesota has narrowed from about 17% to 10% in 2024. Over that period the gap was narrowest at 9% in 2019. In dollar terms, the gap has narrowed by $941 since 2009.
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