Ransom County, North Dakota
Income Data
At a Glance
How Ransom County Compares
Detailed Income Statistics
Data Story
About Household Income in Ransom County, North Dakota
Ransom County nearly matches national income
At $74,521, Ransom County's median household income sits just $234 below the U.S. median of $74,755, placing it at near-parity with national earnings. The county's economy holds its own against national benchmarks despite rural characteristics.
Above-average income across North Dakota
Ransom County ranks well within North Dakota's income landscape at $74,521, exceeding the state average of $72,537 by $1,984. The county's economic strength reflects diversified employment and competitive wages in the region.
Among the region's top earners
Ransom County's $74,521 median household income trails only Oliver County ($76,953) and Renville County ($76,311) among profiled neighbors. This positions the county as one of the stronger economic performers in the northern plains region.
Rent is very affordable for residents
At 11.4% of median household income, Ransom County's rent-to-income ratio indicates strong housing affordability for renters. The low ratio means households retain substantial income for other expenses and wealth-building after covering housing costs.
Invest your housing savings advantage
With manageable housing costs freeing up income, Ransom County households should prioritize investing in retirement accounts and diversified portfolios. Consider automating savings transfers and meeting with a financial planner to turn your affordability advantage into long-term wealth.
Frequently Asked Questions
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How does Ransom County rank for income in North Dakota?
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.