Ramsey is a medium-sized borough located in the state of New Jersey. With a population of 14,706 people and three associated neighborhoods, Ramsey is the 131st largest community in New Jersey.
Housing costs in Ramsey are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Also of interest is that Ramsey has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.88% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Ramsey is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Ramsey is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Ramsey’s overall crime rate is lower than average for the country.
One downside of living in Ramsey is that it can take a long time to commute to work. In Ramsey, the average commute to work is 31.33 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.
In Ramsey, a lot of people use the train to get to work every day though Ramsey is a relatively small borough. Those that ride the train are primarily traveling out of town to good jobs in other cities.
If knowledge is power, Ramsey is a pretty powerful place. 69.32% of the adults in Ramsey have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Ramsey in 2022 was $75,792, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $303,168 for a family of four.
Ramsey is a very ethnically-diverse borough. The people who call Ramsey home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Ramsey residents report their race to be White, followed by Asian. Ramsey also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.23% of the borough’s residents. Important ancestries of people in Ramsey include Italian, Irish, German, English, and Polish.
Foreign born people are also an important part of Ramsey's cultural character, accounting for 16.11% of the borough’s population.
The most common language spoken in Ramsey is English. Other important languages spoken here include Spanish and Langs. of India.