Ransom County, North Dakota

Income Data

+3% vs. North Dakota average
$74,521
Median Household Income
$38,775
Per Capita Income

At a Glance

Median Household Income
$74,521
+3% vs. state avg
Per Capita Income
$38,775
-2% vs. national
Income-to-Housing Ratio
42.6%
income as % of home value
Rank in North Dakota
#25 / 53
by median household income

How Ransom County Compares

Ransom County$74,521
North Dakota Average$72,537
National Median$74,755

Detailed Income Statistics

$74,521
Median Household Income
$38,775
Per Capita Income
$174,800
Median Home Value
42.6%
Income-to-Housing Ratio

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

What is the median household income in Ransom County, North Dakota?
The median household income in Ransom County, North Dakota is $74,521, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Ransom County?
The per capita income in Ransom County is $38,775, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $74,521.
How does Ransom County compare to the North Dakota average?
Ransom County's median household income of $74,521 is higher than the North Dakota state average of $72,537. The per capita income is $38,775, compared to the state average of $40,644.
What is the per capita income in Ransom County, North Dakota?
The per capita income in Ransom County, North Dakota is $38,775, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Ransom County income higher than the North Dakota average?
Ransom County's median household income of $74,521 is higher than the North Dakota average of $72,537. This difference of $1,984 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Ransom County rank for income in North Dakota?
Ransom County ranks #25 out of 53 counties in North Dakota by median household income (1 = highest). With a median household income of $74,521 and per capita income of $38,775, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $74,521 per year

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Income Adequacy

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.