Ransom County, North Dakota Income Statistics
Ransom 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.
-
B
Ransom County Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Ransom County | North Dakota Avg | US Average |
|---|---|---|---|
| Median Household Income | $76,578 | $76,862 | $80,455 |
| Median Personal Income | $56,239 | $59,016 | $60,758 |
| Average Yearly Income Growth | 3.7% | 3.3% | 4.8% |
| Six-Figure Earners | 10.9% | 12.1% | 13.9% |
| $200k+ Households | 5.0% | 9.6% | 13.2% |
The median household income in Ransom County is about the same as in North Dakota. Income has been growing faster in Ransom County (3.7%/yr) than in North Dakota (3.3%/yr).
About 11% of adults in Ransom County earn six figures ($100,000 or more) a year, lower than the North Dakota average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Ransom County, North Dakota grew by 75.4% from 2009 to 2024, reaching $76,578 in 2024. That's an average of about 3.7% per year.
Income Inequality and the Gender Pay Gap in Ransom County
| Metric | Ransom County | North Dakota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.493 | 0.506 | 0.552 |
| Male Median Income | $74,247 | $67,903 | $69,667 |
| Female Median Income | $47,275 | $53,536 | $56,850 |
| Gender Pay Gap | 36.3% | 21.2% | 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 Ransom County, it is 0.493, lower than North Dakota's 0.506, so income is more 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 57% more than women's income in Ransom County, North Dakota. Over a 35-year career, a 57% wage gap accumulates to roughly $944,020 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Ransom County, North Dakota has widened from about 29% to 36% in 2024. Over that period the gap was widest at 39% in 2019, and was narrowest at 25% in 2015. In dollar terms, the gap has widened by $14,408 since 2009.
Sharply against the trend: the pay gap in Ransom County widened by 7.2 points while North Dakota's narrowed by 7.2 points.
Employment
| Metric | Ransom County | North Dakota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.9% | 2.7% | 5.2% |
| Working from Home | 10.2% | 8.1% | 15.0% |
| Commute time (minutes) | 15 | 13 | 22 |
Approximately 81 people are unemployed in Ransom County, North Dakota.
The average commute time in Ransom County is 15 minutes, longer than the 13 minutes in North Dakota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Ransom County, North Dakota has fallen from 4.8% to 2.9% in 2024. Over that period the rate peaked at 5.4% in 2013 and fell as low as 1.3% in 2019.
Ransom County, ND Wealth Compared With Nearby Counties
Ransom County, ND is the 4th largest of the 6 counties compared here, 5,643 residents against a local median of 10,773. The measure that sets Ransom County, ND apart most is unemployment: 2.9%, 71% above the local median of 1.7%. That is the weaker end of the local range on this measure.
The counties themselves spread 2.8% on unemployment, so Ransom County, ND sits at one end of an already wide local range rather than apart from it. Ransom County, ND has the 4th 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. |
|---|---|---|---|---|---|
| Ransom County, ND | 5,643 | $76,578 #3/6 | 3.7%/yr #4/6 | 2.9% #4/6 | 0.493 #3/6 |
| Sargent County, ND | 3,804 | $76,940 | 3.8%/yr | 1.0% | 0.447 |
| Cass County, ND | 193,305 | $75,698 | 4.0%/yr | 3.0% | 0.490 |
| Barnes County, ND | 10,773 | $69,864 | 2.7%/yr | 3.8% | 0.514 |
| Marshall County, SD | 4,344 | $77,408 | 3.7%/yr | 1.0% | 0.499 |
| Richland County, ND | 16,584 | $75,699 | 3.3%/yr | 1.7% | 0.496 |
Conclusion
Considering all these factors, Ransom County, North Dakota has an overall wealth index grade of B, making it about on par with North Dakota, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Ransom County, North Dakota.
How Rich Is Ransom County, North Dakota?
Ransom 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 $76,578, close to the North Dakota average of $76,862.
How fast is household income rising in Ransom County, North Dakota?
Between 2009 and 2024, the median household income in Ransom County, North Dakota rose 75%, from $43,668 to $76,578. Over the same years, income here outpaced North Dakota as a whole: +75% against +70%.
What was the median household income in Ransom County in 2023?
In 2023, the median household income in Ransom County, North Dakota was $74,357, up 7% from $69,584 in 2022. The North Dakota median that year was $76,063.
What was the median household income in Ransom County in 2020?
In 2020, the median household income in Ransom County, North Dakota was $63,042. By 2024 it had risen 21% to $76,578.
What is the Gini coefficient in Ransom County, North Dakota?
The Gini coefficient in Ransom County is 0.493. 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 Ransom County, North Dakota?
Since 2009, the income gap between men and women in Ransom County, North Dakota has widened from about 29% to 36% in 2024. Over that period the gap was widest at 39% in 2019, and was narrowest at 25% in 2015. In dollar terms, the gap has widened by $14,408 since 2009.
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