Living in Ridgeway, Alaska

Cost of living, income, home prices, rent and demographics of Ridgeway · Census data 2020–2024

Ridgeway has 1,997 residents with a median age of 53. The median household income is $90,391 (about the same as the Alaska median), the median home value is $303,900.

Ridgeway at a glance

Population
1,997
Median age
53State: 35.8
Median household income
$90,391State: $92,788
Median home value
$303,900State: $352,900
Homeowners
74.6%
Bachelor's degree or higher
32.3%
Average commute
22 min

Is Ridgeway a good place to live?

Pros: Home values 14% lower than the state median.

Cons: Median household income about the same as the Alaska median; an average commute of 22 minutes; unemployment of 22.6%; a poverty rate of 16.6%.

The weather is best in May to August.

Cost of living in Ridgeway

Housing is the biggest part of the cost of living. In Ridgeway the median home value is $303,900, 9% lower than the U.S. median. Renters pay a median of — per month, which is 51% of household income. Homeowners with a mortgage pay $1,776 a month in housing costs.

Median home value

Ridgeway$303,900
Alaska$352,900
United States$332,700

Median monthly rent

Alaska$1,419
United States$1,413

Ridgeway median household income

The median household income in Ridgeway is $90,391 and the income per person is $44,279. 16.6% of residents live below the poverty line (Alaska: 10.1%).

Median household income

Ridgeway$90,391
Alaska$92,788
United States$80,734

Housing in Ridgeway: homes for sale and rent

Housing units
1,059
Owner-occupied
74.6%
Renter-occupied
25.4%
Vacant
17.8%Includes seasonal homes
Median year built
1991
Average household size
2.29

Ridgeway demographics

Population
1,997
Median age
53
Under 18
18.5%
65 and older
24.4%
Households
870
Foreign-born
2.3%
Veterans
6%Adults 18+

Race and ethnicity

White82.9%
Hispanic or Latino0%
Black0%
Asian1.2%

Hispanic or Latino can be of any race. Population history of Ridgeway ›

Education in Ridgeway

32.3% of adults 25 and older in Ridgeway have a bachelor's degree or higher (Alaska: 31.7%), and 12.8% have a graduate or professional degree.

Bachelor's degree or higher

Ridgeway32.3%
Alaska31.7%
United States35.7%

Jobs and commute in Ridgeway

Unemployment rate
22.6%State: 5.9%
Average commute
22 minState: 19 min
Work from home
28.4%
Drive alone
56.2%
Public transit
0%
Walk to work
5.2%
Homes with broadband
85.1%

Ridgeway vs nearby towns

TownPopulationMedian incomeHome valueRent
Ridgeway1,997$90,391$303,900—
Soldotna4,485$56,280$306,000$1,020
Kenai7,641$87,083$283,900$1,138
Kalifornsky8,663$93,508$336,800$1,394
Sterling6,323$102,415$353,400$1,248
Funny River1,081$67,656$250,000—
Salamatof1,149$66,500$323,300$775
Nikiski4,773$65,863$312,600$996
Kasilof313$63,386$445,900$1,559

More for people moving to Ridgeway

Ridgeway ZIP code ›Weather and climate ›

Living in Ridgeway: FAQ

What is the median household income in Ridgeway, AK?

The median household income in Ridgeway is $90,391, about the same as the Alaska median of $92,788 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Ridgeway?

The median home value in Ridgeway is $303,900, compared with $352,900 in Alaska.

Is Ridgeway, AK a good place to live?

Pluses: home values 14% lower than the state median. Minuses: median household income about the same as the Alaska median; an average commute of 22 minutes; unemployment of 22.6%; a poverty rate of 16.6%.

What is the median age in Ridgeway?

The median age in Ridgeway is 53 years (Alaska: 35.8).

How long is the commute in Ridgeway?

The average commute to work in Ridgeway is 22 minutes; 28.4% of workers work from home.

What is the unemployment rate in Ridgeway?

The unemployment rate in Ridgeway is 22.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Ridgeway?

32.3% of adults in Ridgeway have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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