Living in Ridgeway, Iowa
Cost of living, income, home prices, rent and demographics of Ridgeway · Census data 2020–2024
Ridgeway has 315 residents with a median age of 23.9. The median household income is $61,607 (18% lower than the Iowa median), the median home value is $152,100, the median rent is $650/month.
Ridgeway is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Ridgeway at a glance
- Population
- 315
- Median age
- 23.9State: 38.6
- Median household income
- $61,607State: $75,059
- Median home value
- $152,100State: $208,000
- Median rent
- $650/moState: $972
- Homeowners
- 49.6%
- Bachelor's degree or higher
- 18.9%
- Average commute
- 20 min
Is Ridgeway a good place to live?
Pros: Home values 27% lower than the state median; a poverty rate of 4.8%.
Cons: Median household income 18% lower than the Iowa median; an average commute of 20 minutes; unemployment of 4.7%.
The weather is best in June to September.
Cost of living in Ridgeway
Housing is the biggest part of the cost of living. In Ridgeway the median home value is $152,100, 54% lower than the U.S. median. Renters pay a median of $650 per month, which is 14.8% of household income. Homeowners with a mortgage pay $1,117 a month in housing costs.
Ridgeway median household income
The median household income in Ridgeway is $61,607 and the income per person is $29,009. 4.8% of residents live below the poverty line (Iowa: 11.1%).
Housing in Ridgeway: homes for sale and rent
- Housing units
- 139
- Owner-occupied
- 49.6%
- Renter-occupied
- 50.4%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.27
Ridgeway demographics
- Population
- 315
- Median age
- 23.9
- Under 18
- 29.8%
- 65 and older
- 14.6%
- Households
- 139
- Foreign-born
- 6.3%
- Veterans
- 3.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Ridgeway ›
Education in Ridgeway
18.9% of adults 25 and older in Ridgeway have a bachelor's degree or higher (Iowa: 31.4%), and 4.9% have a graduate or professional degree.
Jobs and commute in Ridgeway
- Unemployment rate
- 4.7%State: 3.6%
- Average commute
- 20 minState: 20 min
- Work from home
- 6.6%
- Drive alone
- 79.6%
- Public transit
- 0%
- Walk to work
- 3.3%
- Homes with broadband
- 89.2%
Ridgeway vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ridgeway | 315 | $61,607 | $152,100 | $650 |
| Spillville | 356 | $54,375 | $157,500 | $870 |
| Protivin | 312 | $71,667 | $116,900 | $594 |
| Cresco | 3,908 | $60,608 | $117,200 | $715 |
| Calmar | 974 | $92,500 | $203,200 | $694 |
| Decorah | 7,535 | $64,366 | $244,500 | $853 |
| Fort Atkinson | 346 | $73,750 | $132,100 | — |
| Burr Oak | 225 | $56,250 | $142,500 | $1,208 |
| Ossian | 806 | $71,875 | $157,600 | $772 |
More for people moving to Ridgeway
Ridgeway ZIP code ›Weather and climate ›Living in Ridgeway: FAQ
What is the median household income in Ridgeway, IA?
The median household income in Ridgeway is $61,607, 18% lower than the Iowa median of $75,059 (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 $152,100, compared with $208,000 in Iowa.
How much is rent in Ridgeway?
The median gross rent in Ridgeway is $650 per month, about 14.8% of household income.
Is Ridgeway, IA a good place to live?
Pluses: home values 27% lower than the state median; a poverty rate of 4.8%. Minuses: median household income 18% lower than the Iowa median; an average commute of 20 minutes; unemployment of 4.7%.
What is the median age in Ridgeway?
The median age in Ridgeway is 23.9 years (Iowa: 38.6).
How long is the commute in Ridgeway?
The average commute to work in Ridgeway is 20 minutes; 6.6% of workers work from home.
What is the unemployment rate in Ridgeway?
The unemployment rate in Ridgeway is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ridgeway?
18.9% 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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