Places/MN/Ramsey County, MN
County profile

Ramsey County, MN

United States · GDP 2024
#105 of 3,127 US counties by GDPtop-quartile growthmore diversified than 96% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$56.3B
BEA · 2024
GDP growth (YoY)
+6.7%
BEA · 2024
Jobs tracked
294,664
Census CBP · 2023
Employers
13,677
Census CBP · 2023
Avg. wage
$74.5k
BLS QCEW · 2023
Population
541,623
Census PEP · 2025
Labor, income & education
Unemployment
4.5%
Median HH income
$81.6k±$1.6k
Bachelor's degree+
45.6%±0.8%
Poverty rate
12.3%±0.8%
Business applications
7,534 · 2025
Retail establishments
1,431
26.5/10k pop
Industry mix · employment
Health care35%
Manufacturing15%
Retail trade15%
Food & accommodation13%
Management12%
Education11%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
541,623
residents · 2025 · -1.8% since 2020
Income per capita $71.8k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration32,976
International migration+15,308
Natural change+7,757

GDP trend

20192024 · nominal
$45.0B
2019
$44.0B
2020
$46.1B
2021
$49.8B
2022
$52.7B
2023
$56.3B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$326.6k±$2.6k
Median gross rent
$1.3k/mo±$14/mo
Vacancy rate
5.4%±0.4%
Affordability
4.4× wages
Residential permits
$203.7M
708 units · 1.3/1k pop
FEMA risk score
94.6
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 99Hail 99Tornado 99
FHFA HOUSE PRICE INDEX · 20162025
569
2016
605
2017
648
2018
676
2019
699
2020
760
2021
837
2022
866
2023
888
2024
914
2025
RESIDENTIAL PERMITS · 20212025
-78% since 2021
3,270
2021
1,856
2022
1,806
2023
1,084
2024
708
2025

Transport access

BTS · FAA · USACE
Nearest interstate
0.8 km
I-35E
Nearest freight rail
0.2 km
CPKC
Nearest port
7.8 km
St. Paul Port Authority, MN
Nearest commercial airport
17.9 km
MINNEAPOLIS-ST PAUL INTL/WOLD-CHAMBERLAIN
Waterborne tonnage, host port(s) (CY2023):3,181,874 short tons/yr · St. Paul Port Authority, MN
Wage trend
BLS QCEW · 20192023
$74.5k
avg. annual pay · +15% since 2019
Nearby & same-state counties
by GDP rank
Hennepin$193.6BDakota$37.1BAnoka$20.6BWashington$17.1B
The read

What is the GDP of Ramsey?

Ramsey's economy produced $56.3B in 2024, growing 6.7% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.