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Ramsey will evolve through citizen -driven, collaborative processes that respect the balance and connectivity <br />between its unique urban, rural, and natural environment for current and future generations. <br />Assessed Values of Owner -Occupied Housing Units <br />Values above and below $238,500 are shown in the figure below. $238,500 represents the affordable purchase <br />prize for a housing unit in 2015 for those at 80% of AMI. 2015 AMI was $86,600 for a family of four in the <br />Minneapolis -Saint Paul -Bloomington Metropolitan Area. The median value for a home in Ramsey was <br />approximately $210,200 in 2016. <br />Table 8: <br />Assessed Value <br />Number <br />Percent of Total <br />Less than $50,000 <br />329 <br />4% <br />$50,000 - $99,999 <br />141 <br />2% <br />$100,000 - $149,999 <br />851 <br />11% <br />$150,000 - $199,999 <br />2,109 <br />28% <br />$200,000 - $299,999 <br />2,965 <br />39% <br />$300,000 - $499,999 <br />1,067 <br />14% <br />$500,000 - $999,999 <br />131 <br />2% <br />$1,000,000 or more <br />0 <br />- <br />Total Units: <br />7,593 <br />Median Value: <br />j210,200 <br />Source: ACS 2016 Estimates <br />Residential Total Market Values <br /><s100,uo <br />mansion - 5175.000 <br />S175,000 - S23a.500 <br />- 3238,500 - S400.000 <br />>400,000 <br />City of Ramsey 2040 Comprehensive Plan Update <br />Housing Plan <br />Page 10 of 23 <br />