Ramsey County, MN Economy


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United States / Minnesota / / Ramsey County / Cities / Zip Codes
Ramsey, MN County is a wonderful place to live. It is located in the Twin Cities metro area, and offers a variety of amenities to its residents. Rent for two-bedroom apartments in the county is affordable at $1,410 compared to the US average of $1,430. Additionally, grocery costs are also below average as represented by a Grocery Cost Index of 100 versus 100 in the US. The county boasts several large companies such as Cummins Northern Power, Delta Air Lines Inc., and Medtronic which are major contributors to the local economy. Cummins Northern Power provides comprehensive power solutions while Delta Air Lines Inc is one of the world's most renowned airlines. Medtronic on the other hand is one of the world's leading medical technology companies specializing in medical devices and software solutions. Ramsey County has something for everyone whether it be their affordability or their range of employers that offer excellent job opportunities.

Ramsey County has an unemployment rate of 4.5%. The US average is 6.0%.

Ramsey County has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.

Tax Rates for Ramsey County
- The Sales Tax Rate for Ramsey County is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Ramsey County is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ramsey County
- The average income of a Ramsey County resident is $39,319 a year. The US average is $37,638 a year.
- The Median household income of a Ramsey County resident is $71,494 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRamsey, MinnesotaUnited States
  4.56
  -3.6%-6.2%
  35.9%33.5%
  7.9%6.2%
  7.1%4.6%
  $39,319$37,638
  $71,494$69,021
  $94,412$85,028
  Population by Occupation
  0.5%1.2%
  0.1%0.5%
  4.3%6.8%
  12.5%10.0%
  2.4%2.5%
  9.3%11.0%
  4.0%4.8%
  0.4%0.8%
  1.7%1.9%
  5.6%4.7%
  1.4%1.9%
  7.9%7.6%
  0.3%0.1%
  3.4%4.2%
  11.5%9.3%
  16.8%14.0%
  2.2%2.1%
  6.6%7.0%
  4.6%4.8%
  4.5%4.7%
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