Living in Ridgely, Maryland
Cost of living, income, home prices, rent and demographics of Ridgely · Census data 2020–2024
Ridgely has 1,772 residents with a median age of 34.3. The median household income is $62,048 (40% lower than the Maryland median), the median home value is $276,700, the median rent is $633/month.
Ridgely at a glance
- Population
- 1,772
- Median age
- 34.3State: 39.4
- Median household income
- $62,048State: $103,678
- Median home value
- $276,700State: $419,900
- Median rent
- $633/moState: $1,705
- Homeowners
- 62.9%
- Bachelor's degree or higher
- 12.6%
- Average commute
- 35 min
Is Ridgely a good place to live?
Pros: Home values 34% lower than the state median.
Cons: Median household income 40% lower than the Maryland median; an average commute of 35 minutes; unemployment of 10.8%; a poverty rate of 12.8%.
The weather is best in May–June and August–September.
Cost of living in Ridgely
Housing is the biggest part of the cost of living. In Ridgely the median home value is $276,700, 17% lower than the U.S. median. Renters pay a median of $633 per month, which is 27.8% of household income. Homeowners with a mortgage pay $1,722 a month in housing costs.
Ridgely median household income
The median household income in Ridgely is $62,048 and the income per person is $30,316. 12.8% of residents live below the poverty line (Maryland: 9.4%).
Housing in Ridgely: homes for sale and rent
- Housing units
- 678
- Owner-occupied
- 62.9%
- Renter-occupied
- 37.1%
- Vacant
- 4.3%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.73
Ridgely demographics
- Population
- 1,772
- Median age
- 34.3
- Under 18
- 30.7%
- 65 and older
- 13.1%
- Households
- 649
- Foreign-born
- 3.2%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Ridgely ›
Education in Ridgely
12.6% of adults 25 and older in Ridgely have a bachelor's degree or higher (Maryland: 43.4%), and 3% have a graduate or professional degree.
Jobs and commute in Ridgely
- Unemployment rate
- 10.8%State: 4.9%
- Average commute
- 35 minState: 31 min
- Work from home
- 8.9%
- Drive alone
- 83.6%
- Public transit
- 0%
- Walk to work
- 4.1%
- Homes with broadband
- 87.1%
Ridgely vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ridgely | 1,772 | $62,048 | $276,700 | $633 |
| Hillsboro | 127 | $66,875 | $254,200 | $955 |
| Greensboro | 2,634 | $53,611 | $251,100 | $1,073 |
| Queen Anne | 210 | $78,750 | $301,600 | $879 |
| Denton | 4,936 | $66,510 | $234,600 | $1,043 |
| Goldsboro | 248 | $39,643 | $232,500 | $1,556 |
| Cordova | 448 | $64,196 | $320,400 | — |
| Williston | 391 | $129,479 | $532,700 | — |
| Henderson | 132 | $100,938 | $75,800 | $1,167 |
More for people moving to Ridgely
Ridgely ZIP code ›Weather and climate ›Living in Ridgely: FAQ
What is the median household income in Ridgely, MD?
The median household income in Ridgely is $62,048, 40% lower than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Ridgely?
The median home value in Ridgely is $276,700, compared with $419,900 in Maryland.
How much is rent in Ridgely?
The median gross rent in Ridgely is $633 per month, about 27.8% of household income.
Is Ridgely, MD a good place to live?
Pluses: home values 34% lower than the state median. Minuses: median household income 40% lower than the Maryland median; an average commute of 35 minutes; unemployment of 10.8%; a poverty rate of 12.8%.
What is the median age in Ridgely?
The median age in Ridgely is 34.3 years (Maryland: 39.4).
How long is the commute in Ridgely?
The average commute to work in Ridgely is 35 minutes; 8.9% of workers work from home.
What is the unemployment rate in Ridgely?
The unemployment rate in Ridgely is 10.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ridgely?
12.6% of adults in Ridgely 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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