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Senior Household Income - 1997 <br /> <br /> · Of the 4,584 senior households in the Market Areas: <br /> <br /> · 24.3% have annual incomes under $15,000 <br /> <br /> 41.6% have annual incomes between $15,000 and <br /> $50,000 <br /> <br /> · 34.1% have annual incomes over $50,000 <br /> · Of the 1,002 senior households in Ramsey <br /> <br /> · 2.5% have annual incomes under $15,000 <br /> <br /> · 35.8% have annual incomes between $15,000 and <br /> $50,000 <br /> <br /> · 61.7% have annual incomes over $50,000 <br />Housing Values - 1997 <br /> <br /> · Housing values of Ramsey homes <br /> <br /> · 1% below $60,000 <br /> <br /> · 40.3% between $60,000 and $100,000 <br /> · 50.5% between $100,000 and $175,000 <br /> · 8.2% over $175,000 <br /> <br /> · Median housing value in Ramsey is $106,082 <br /> <br /> · Ramsey senior household selling their home for $95,500 <br /> subtracting 7% for selling costs and depositing the <br /> proceeds with an investment return of 5% would have <br /> $370.00 a month additional income <br /> <br /> <br />