Ramsey County, Minnesota

• Income near the national median: Median household income tracks the national median, indicating a broad-based consumer market.
• Below the state median: Median household income runs $7,494 (8.4%) under the Minnesota median, so statewide income averages overstate local household buying power.
• Cost of living erodes income: Local prices run 4.8% above the national average, so the nominal median of $81,568 is worth $77,832 at national average prices. BEA publishes price parity at metro level, not county level.
• Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 9.9 pts, supports knowledge-economy and tech attraction.

• Largest private-sector industry: Health Care and Social Assistance employs 69,520 workers (30.8% of tracked sectors), at an average wage of $63,608. Every industry figure on this page is private sector; government employs a further 54,239 and is counted separately.
• Economic scale: Regional GDP of $56.3B (2024).
• Wage stratification: Management of Companies and Enterprises averages $173,147 while Accommodation and Food Services averages $29,707, a 5.8x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Computer and Electronic Product Manufacturing concentrates at 3.93x the national norm, strong concentration that anchors the local economy and supports supply-chain attraction strategy.
• Cluster depth: 11 sub-sectors register LQ ≥ 1.5, and no single source of demand accounts for more than 39.7% of the employment across them, the largest being health care economy. Demand reaches this base from more than one market rather than from a single one.
• Attraction whitespace: 4 sub-sectors register LQ < 0.5 with at least 50 employed and clear the local siting screen on energy cost, freight access and land base, candidates for diversification or recruitment depending on labor-market fit.

• In line with national: Home value to income ratio of 4.0x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
• Affordable rent tiers: 1 of 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $51,096 can pay without cost burden (~$1,277/mo), and 48.9% of renter households are measured as cost-burdened.

• Healthy participation: 68.4% labor force participation reflects a steady, available local workforce.
• Short commutes: 21.4-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.

Ramsey County shows meaningful potential for computer and electronic product manufacturing attraction, with a 3.93x concentration and 8,186 jobs in this sub-sector.

The concentrated base spans computer and electronic product manufacturing, printing and related support activities, and miscellaneous manufacturing, and no single source of demand accounts for more than 39.7% of the employment across them, the largest being health care economy. Supply-chain recruitment has more than one demand base to work from.