Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.9 yrs |
|---|---|
| Avg HH Size | 1.92 |
| Below Poverty | 16.5% ▲ 65% above avg |
| College Grads | 24.6% ▼ 37% below avg |
| HS Graduate | 64 (34.2%) |
| Some College | 42 (22.5%) |
| Associates | 35 (18.7%) |
| Bachelors | 19 (10.2%) |
| Graduate Degree | 27 (14.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $49,750 ▼ 35% below avg |
|---|---|
| Median Home Value | $48,300 ▼ 83% below avg |
| Home/Income Ratio | 1.0x (nat avg ~3.5x) |
| Total Housing Units | 223 |
| Vacant Units | 87 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Ramsay is a city in Michigan, located in Gogebic County. The city spans 1 ZIP code and is home to approximately 261 residents. It is a mature city, with a median age of 51.9 years.
Economically, Ramsay is a working-class community. The median household income of $49,750 is below the national average. Approximately 16.5% of residents live below the poverty line.
The real estate market in Ramsay is one of the more affordable housing markets in the country. Median home values stand at $48,300, which is well below the national average. Homeownership is high at 80.9%, typical of suburban and family-oriented communities.
The population of Ramsay is less-educated. 24.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (78.93%).
Ramsay, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49959 | 261 | $49,750 | $48,300 | — | 0.0% | 24.6% | 80.9% |