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Ramsay, Michigan Demographics & Population 2026

During the 2020–2024 ACS period, Ramsay, Michigan had a total population of 312, the 615th largest community in Michigan, with a median household income of $54,643, which is 25% lower than the state average. The poverty rate is 19.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Ramsay Quick Facts

Population 312
Median Household Income $54,643
Median Home Value $67,700
Poverty Rate 19.9%
Unemployment Rate 0.0%
Median Age 31.7 years
Homeownership Rate 91.3%
Affordability Ratio 1.2x
Bachelor's Degree or Higher 6.6%
High School Graduation Rate 100.0%
Diversity Index 19/100
Population 312 615th of 745
Median Income $54,643 below average
Poverty Rate 19.9% 60% higher than national
Median Home Value $67,700 bottom 10%

How Ramsay Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population182312+71.4%
Median household income$56,250$54,643-2.9%
Median home value$50,000$67,700+35.4%

How Ramsay Compares

Economy & Housing

Household Income Distribution

Under $25K 8.7%
$25K-$50K 37.0%
$50K-$100K 48.5%
$100K+ 5.8%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
8.7%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
29.0%
$40K-$45K
8.0%
$45K-$50K
0.0%
$50K-$60K
13.0%
$60K-$75K
16.7%
$75K-$100K
18.8%
$100K-$125K
5.8%
$125K-$150K
0.0%
$150K-$200K
0.0%
$200K+
0.0%

Employment

0.0% Unemployment Rate State: 5.7%|National: 5.2%
58.9% Labor Force Participation

Housing Overview

Owner 91.3%
Renter 8.7%
Affordability Index Very Affordable
1.2x home value to income ratio

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 45 | National average: 61

Education

Ramsay Rankings in Michigan

#615 Population of 745
#480 Median Income of 732
#698 Education of 745
#715 Home Value of 730

Other Cities in Gogebic County

CityPopulationMedian IncomePovertyHome Value
Ironwood 4,997 $41,250 17.0% $83,100
Bessemer 1,733 $53,523 12.9% $69,900
Wakefield 1,683 $55,759 15.0% $79,100
Watersmeet 250 $63,452 0.0% $67,200
Marenisco 223 $39,375 17.0% $47,500

Cities Similar to Ramsay

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Gagetown311$55,000$77,1009.8%19.0%
Eastport311$55,761$331,30027.7%14.8%
Luther303$54,167$102,30021.3%32.3%
Brethren318$52,083$152,20013.5%18.2%
Big Bay306$51,953$273,10033.5%21.3%

A note before these figures: with a population of 312, Ramsay's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Ramsay is a small community located in Michigan, within Gogebic County. The total population is 312. It ranks as the 615th most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Ramsay is 31.7 years. This is 21% lower than the state median of 40.2 years. 12.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Ramsay is $54,643. This is 25% lower than the state median of $72,875. It is also 32% lower than the national median of $80,734. The poverty rate stands at 19.9%. This is 50% higher than the state poverty rate of 13.2%. The survey records no unemployed residents in Ramsay, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $67,700. Housing costs are 71% lower than the state median of $231,600. With a home-value-to-income ratio of just 1.2x, Ramsay is one of the most affordable housing markets in the area. 91.3% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 73.2%.

Race & Ethnicity

Ramsay has a predominantly White (non-Hispanic) population, comprising 89.7% of all residents. Hispanic or Latino residents account for 5.5%.

Education

6.6% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 80% lower than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample.

Data Sources & Methodology

All demographic data for Ramsay, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Ramsay, Michigan?

Ramsay, Michigan has a population of 312 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Ramsay, MI?

The median household income in Ramsay is $54,643, which is 32% lower than the national median of $80,734.

What is the poverty rate in Ramsay, MI?

The poverty rate in Ramsay is 19.9%. This means approximately 62 residents live below the federal poverty line.

What is the racial makeup of Ramsay, Michigan?

Ramsay's population is 89.7% White, 0.0% Black, 5.5% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Ramsay, MI?

The median home value in Ramsay is $67,700. The home-value-to-income ratio is 1.2x.

How educated is Ramsay, Michigan?

6.6% of adults (25+) in Ramsay hold a bachelor's degree or higher, and 4.8% hold a graduate or professional degree.