Most Expensive Ramsey Neighborhoods
Ramsey is a somewhat small borough located in the state of New Jersey. With a population of 14,800 people and three constituent neighborhoods, Ramsey is the 137th largest community in New Jersey.
Ramsey home prices are not only among the most expensive in New Jersey, but Ramsey real estate also consistently ranks among the most expensive in America.
Ramsey is a decidedly white-collar borough, with fully 92.16% of the workforce employed in white-collar jobs, well above the national average. Overall, Ramsey is a borough of managers, professionals and sales and office workers. There are especially a lot of people living in Ramsey who work in management occupations (17.65%), office and administrative support (13.55%) and sales jobs (12.66%).
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: 8.37% 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". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Ramsey is a great place for families with children to consider. First of all, many other families with children live here, making Ramsey a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Ramsey has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Ramsey’s overall crime rate is lower than average for the country.
In Ramsey, however, the average commute to work is quite long. On average, people spend 30.99 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Even though Ramsey is a smaller borough, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
If knowledge is power, Ramsey is a pretty powerful place. 60.12% 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 2010 was $60,101, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $240,404 for a family of four.
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. Important ancestries of people in Ramsey include Italian, Irish, German, English, Polish and European.
The most common language spoken in Ramsey is English. Other important languages spoken here include Spanish and Korean.
|NUMBER OF HOMES AND APARTMENTS||5,342|
|RAMSEY HOME OWNERSHIP|
|% OWNER OCCUPIED||87.31%|
|% RENTER OCCUPIED||12.69%|
|TYPE OF RAMSEY HOMES|
|SINGLE FAMILY DETACHED||69.20%|
|ROWHOUSES AND ATTACHED HOMES||13.25%|
|SMALL APARTMENT BUILDINGS||6.75%|
|COMPLEXES OR HIGH RISE APARTMENTS||10.79%|
|SIZE OF RAMSEY HOMES|
|5 OR MORE BEDROOMS||10.55%|
|AGE OF RAMSEY HOMES|
|NEWER HOMES (2000 OR LATER)||3.98%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||35.87%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||44.41%|
|HISTORIC (1939 OR BEFORE)||15.74%|
|RAMSEY REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$568,073|
|MEDIAN RENTAL PRICE||$1,695|
|HOME VALUE RANGE|
|$0 - $53,000||0.88%|
|$53,001 - $107,000||1.43%|
|$107,001 - $213,000||2.54%|
|$213,001 - $320,000||5.08%|
|$320,001 - $427,000||14.20%|
|$427,001 - $533,000||23.46%|
|$533,001 - $800,000||32.49%|
|$800,001 - $1,067,000||13.98%|
|PEOPLE OF RAMSEY||DETAILS|
|UNDER 5 YEARS||5.04%|
|5 TO 17||19.89%|
|18 TO 24||6.33%|
|25 TO 34||7.54%|
|35 TO 54||32.45%|
|55 TO 64||13.11%|
|65 YEARS AND OVER||15.63%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||97.36%|
|MEDIAN HOUSEHOLD INCOME||$122,165|
|PER CAPITA INCOME||$60,101|
|INDIVIDUALS BELOW POVERTY LEVEL||2.58%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (12.76%)
Professional, scientific, and technical services (9.55%)
Information Technology (3.31%)
Public Service (2.38%)
|BLACK OR AFRICAN AMERICAN||0.11%|
|AMERICAN INDIAN AND ALASKA NATIVE||1.50%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.79%|
|TWO OR MORE RACES||0.48%|
|HISPANIC OR LATINO (OF ANY RACE)||6.13%|
|ETHNICITIES PRESENT||Italian (29.43%)
|LANGUAGES SPOKEN||English (84.82%)
Other Asian languages (1.56%)
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