Ramsey, MN is a small city in Anoka County with a population of around 25,000 people. This area is known for its affordable living options and cost of living. The average two bedroom rent in Ramsey is currently $1,340, which is less than the national average of $1,430. The grocery cost index in Ramsey stands at 101 versus 100 in the US, showing that groceries are more affordable to purchase here than nationally. Not only does this city provide an enjoyable quality of life for those looking for an affordable lifestyle, there are also many notable local companies located here such as Sun Country Airlines, Pawn America and Xcel Energy.
Ramsey has an unemployment rate of 3.9%. The US average is 6.0%.
Ramsey has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Ramsey
- The Sales Tax Rate for Ramsey is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Ramsey is 7.1%. The US average is 4.6%.
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Income and Salaries for Ramsey
- The average income of a Ramsey resident is $42,168 a year. The US average is $37,638 a year.
- The Median household income of a Ramsey resident is $101,996 a year. The US average is $69,021 a year.