Living in Ridge Farm, Illinois
Cost of living, income, home prices, rent and demographics of Ridge Farm · Census data 2020–2024
Ridge Farm has 827 residents with a median age of 43.9. The median household income is $50,313 (40% lower than the Illinois median), the median home value is $73,200, the median rent is $690/month.
Ridge Farm is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Ridge Farm at a glance
- Population
- 827
- Median age
- 43.9State: 39
- Median household income
- $50,313State: $83,390
- Median home value
- $73,200State: $263,300
- Median rent
- $690/moState: $1,274
- Homeowners
- 69.9%
- Bachelor's degree or higher
- 7.3%
- Average commute
- 29 min
Is Ridge Farm a good place to live?
Pros: Home values 72% lower than the state median; a poverty rate of 10.2%.
Cons: Median household income 40% lower than the Illinois median; an average commute of 29 minutes; unemployment of 10.6%.
The weather is best in May–June and August–September.
Cost of living in Ridge Farm
Housing is the biggest part of the cost of living. In Ridge Farm the median home value is $73,200, 78% lower than the U.S. median. Renters pay a median of $690 per month, which is 27.4% of household income. Homeowners with a mortgage pay $1,004 a month in housing costs.
Ridge Farm median household income
The median household income in Ridge Farm is $50,313 and the income per person is $25,801. 10.2% of residents live below the poverty line (Illinois: 11.8%).
Housing in Ridge Farm: homes for sale and rent
- Housing units
- 379
- Owner-occupied
- 69.9%
- Renter-occupied
- 30.1%
- Vacant
- 9%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.40
Ridge Farm demographics
- Population
- 827
- Median age
- 43.9
- Under 18
- 26.7%
- 65 and older
- 21.3%
- Households
- 345
- Foreign-born
- 1.2%
- Veterans
- 12.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Ridge Farm ›
Education in Ridge Farm
7.3% of adults 25 and older in Ridge Farm have a bachelor's degree or higher (Illinois: 37.8%), and 2% have a graduate or professional degree.
Jobs and commute in Ridge Farm
- Unemployment rate
- 10.6%State: 5.8%
- Average commute
- 29 minState: 28 min
- Work from home
- 3.7%
- Drive alone
- 90.4%
- Public transit
- 0%
- Walk to work
- 0.7%
- Homes with broadband
- 91.6%
Ridge Farm vs nearby towns
More for people moving to Ridge Farm
Ridge Farm ZIP code ›Weather and climate ›Living in Ridge Farm: FAQ
What is the median household income in Ridge Farm, IL?
The median household income in Ridge Farm is $50,313, 40% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Ridge Farm?
The median home value in Ridge Farm is $73,200, compared with $263,300 in Illinois.
How much is rent in Ridge Farm?
The median gross rent in Ridge Farm is $690 per month, about 27.4% of household income.
Is Ridge Farm, IL a good place to live?
Pluses: home values 72% lower than the state median; a poverty rate of 10.2%. Minuses: median household income 40% lower than the Illinois median; an average commute of 29 minutes; unemployment of 10.6%.
What is the median age in Ridge Farm?
The median age in Ridge Farm is 43.9 years (Illinois: 39).
How long is the commute in Ridge Farm?
The average commute to work in Ridge Farm is 29 minutes; 3.7% of workers work from home.
What is the unemployment rate in Ridge Farm?
The unemployment rate in Ridge Farm is 10.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ridge Farm?
7.3% of adults in Ridge Farm 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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