The Ramones were a major influence on the punk rock movement in the United States, though they achieved only minor commercial success. Their only record with enough U.S. sales to be certified gold in Joey's lifetime was the compilation album Ramones Mania. Recognition of the band's importance built over the years, and they are now regularly represented in many assessments of all-time great rock music, such as the Rolling Stone lists of the 50 Greatest Artists of All Time and 25 Greatest Live Albums of All Time, VH1's 100 Greatest Artists of Hard Rock, and Mojo's 100 Greatest Albums. In 2002, the Ramones were voted the second greatest rock and roll band ever in Spin, behind the Beatles.
His solo album Don't Worry About Me was released posthumously in 2002, and features the single "What a Wonderful World", a cover of the Louis Armstrong standard. MTV News claimed: "With his trademark rose-colored shades, black leather jacket, shoulder-length hair, ripped jeans and alternately snarling and crooning vocals, Joey was the iconic godfather of punk."
Several songs have been written in tribute to Joey Ramone. Tommy, CJ and Marky Ramone and Daniel Rey came together in 2002 to record Jed Davis' Joey Ramone tribute album, The Bowery Electric. Other tributes include "Hello Joe" by Blondie from the album The Curse of Blondie, "You Can't Kill Joey Ramone" by Sloppy Seconds, Joey by Raimundos, "I Wanna Be Your Joey Ramone" by Sleater-Kinney, "Red and White Stripes" by Moler and "Joey" by the Corin Tucker Band, "I Heard Ramona Sing" by Frank Black, and Amy Rigby's "Dancin' With Joey Ramone". Rammstein ended several shows of their Mutter tour in 2001 with a cover of "Pet Sematary" in honor of the passing of Joey Ramone. "The Miracle (of Joey Ramone)" by U2.