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Ramsay, MI
Full City Profile · Michigan · Gogebic County County
3.0
/5.0
B
Good
182
Population
303/sq mi density
$56,250
Median Income
$32,470 per capita
$50,000
Home Value
$103,735 Zillow
40°F
Avg Temperature
249 sunny days/yr
156
Violent Crime/100K
1,811 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$56,250 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$50,000 home value, /mo rent
F
Safety
1.0 / 5.0
156 violent crimes/100K
D
Education
1.9 / 5.0
10.7% bachelor's degree or higher
Housing Overview
Median Home Value
$50,000
82% below
US avg: $281,900
Homeownership Rate
95.7%
46% above US avg (65.4%)
Total Housing Units
192
Median year built: 1938
Home Value by Source
Census Median
$50,000
Zillow (ZHVI)
$103,735
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
95.7%
Owner-Occupied
4.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Affordability & Housing Stock
Rent Burden
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
95.7%
Complete Housing Data
Home Values
| Census Median Value | $50,000 |
| Zillow Home Value (ZHVI) | $103,735 |
Rent
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 95.7% |
| Renter-Occupied | 4.3% |
| Homeownership Rate | 95.7% |
| Total Housing Units | 192 |
| Median Year Built | 1938 |
| Rent Burden | 29.2% |