Compared to 2024, his income from work in the municipality increased by approximately 8000 euros. In 2024, Ratnieks earned 64,224 euros, and in 2025 — 72,195 euros. He also received small incomes last year from the Riga Planning Region, as well as from economic and commercial activities. Ratnieks owns a 2002 BMW 530 car, as well as property in the Rojupes parish of the Līvāni region. In Riga, the vice mayor rents an apartment. Edvards Ratnieks holds the position of Deputy Chairman of the Riga City Council and is responsible for issues related to security, property, housing, and the environment.