Official Federal Data
Ramsey County, Minnesota
FIPS 27123 · Minneapolis-St. Paul-Bloomington, MN-WI · Population 542,945
9 Sources
Updated June 22, 2026
$81,568 ▲
Median Income
$80,734 national
3.8% ▲
Unemployment
4% national
$56.3B ▲
GDP
45.6% ▲
Bachelor's+
35.7% national
Demographics & Population
Census Bureau American Community Survey 2020-2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$81,568 ▲
Per Capita
$46,355 ▲
Mean Household
$112,592 ▲
Poverty Rate
12.3% ▼
Median Income Comparison
Ramsey County$81,568
Minnesota$89,062
National$80,734
Population Profile
Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 23.1%
18-34 · 25.3%
35-54 · 24.4%
55-64 · 11.5%
65+ · 15.8%
Race & Ethnicity
Hispanic or Latino is an ethnic category and overlaps with the race categories above.
Educational Attainment
Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
91.7%
High School+
National: 89.6%
▲ +2.1 pts
45.6%
Bachelor's+
National: 35.7%
▲ +9.9 pts
18.4%
Graduate+
National: 14.1%
▲ +4.3 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
542,945
Population
295,590
Labor Force
Employed
280,965
Unemployment Rate BLS LAUS 2025 annual
3.8% ▲ +0.7 pts YoY
Mean Commute 5 min below national avg
21.4 min
Work From Home vs 15.1% national
20.5%
Key Takeaways
- Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 9.9 pts, supports knowledge-economy and tech attraction.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Health Care and Social Assistance employs 73,891 workers (32.2% of tracked sectors), at an average wage of $64,842.
- Economic scale: Regional GDP of $56.3B (2024).
- Wage stratification: Management of Companies and Enterprises averages $188,494 while Accommodation and Food Services averages $30,696, a 6.1x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Cluster Depth
Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Health Care & Social Assistance Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
39,475
Cluster Employment
2.49x
Peak LQ
Concentrated Sub-Sectors
Printing and Related Support Activities
3.62x 2,660
Computer and Electronic Product Manufacturing
3.61x 7,675
Management of Companies and Enterprises
2.60x 14,432
Social Assistance
2.49x 26,477
Miscellaneous Manufacturing
2.46x 3,203
Museums, Historical Sites, and Similar
2.38x 915
Educational Services
2.03x 14,063
Religious, Grantmaking, Civic, Professional Orgs
1.97x 5,984
Performing Arts, Spectator Sports, and Related
1.96x 2,411
Nursing and Residential Care Facilities
1.78x 12,998
Attraction Opportunities
LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.05x
Transportation Equipment Manufacturing
181 employed
0.10x
Air Transportation
116 employed
0.12x
Warehousing and Storage
467 employed
0.20x
Furniture and Related Product Manufacturing
144 employed
0.28x
Heavy and Civil Engineering Construction
718 employed
0.31x
Wood Product Manufacturing
264 employed
Key Takeaways
- Top specialization: Printing and Related Support Activities concentrates at 3.62x the national norm, strong concentration that anchors the local economy and supports supply-chain attraction strategy.
- Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
- Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$326,600 ▲
Median Home Value vs 2019
$1,329 ▲
Rent/Mo
60.6% ▲
Owner-Occ
5.4% ▲
Vacancy
4.0x
Home Value to Income Ratio
vs. ~4.1x national average
HUD Fair Market Rents
Source: HUD · Fair Market Rents FY2026
Studio
$1,242/mo
1 Bedroom
$1,405/mo
2 Bedroom
$1,709/mo
3 Bedroom
$2,262/mo
4 Bedroom
$2,531/mo
30% of monthly median household income (~$2,039/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- In line with national: Home value to income ratio of 4.0x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
- Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,039/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
332,192 ▼
Working Age (18-64) vs 2019
Mean Commute 5 min below national avg
21.4 min
Work From Home vs 15.1% national
20.5%
Prime-Age Employed (25-54)
85.2%
of prime-age population
▼ vs 2019
Education & Talent Pipeline
Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
45.6% ▲
HS Diploma+
91.7% ▲
Regional / Statewide Institutions
Total credentials awarded
49,702/yr
14,847/yr
13,676/yr
12,870/yr
3,728/yr
2,468/yr
2,113/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
18.8%
55-64 of working-age population (18-64)
Workforce by Occupation
Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
48%
Service
15.7%
Sales & Office
17.6%
Construction / Maint.
5.5%
Production / Transport
13.2%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 280,965 employed workers.
Key Takeaways
- Short commutes: 21.4-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
- Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 41,393 annual credentials.
Source: ACS workforce data and College Scorecard.
AI Insights
AI-assisted analysis, drawn from 9 federal data sources
Sample AI Insight
Ramsey County shows meaningful potential for printing and related support activities attraction, with a 3.62x concentration and 2,660 jobs in this sub-sector.
The interconnected base across printing and related support activities, computer and electronic product manufacturing, and management of companies and enterprises creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.
Industry Shift Analysis
Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100
Prospect Match Scores
Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
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Data Sources
Updated from official federal government data.
Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23
Frequently Asked Questions
Key economic and demographic figures for Ramsey County, Minnesota, from federal data sources.
What is the population of Ramsey County, Minnesota?
542,945 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Ramsey County, Minnesota?
$81,568 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Ramsey County, Minnesota?
3.8% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Ramsey County, Minnesota?
$56.3B (U.S. Bureau of Economic Analysis, CAGDP1).
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