Living in Ridgeway, Missouri
Cost of living, income, home prices, rent and demographics of Ridgeway · Census data 2020–2024
Ridgeway has 478 residents with a median age of 46.5. The median household income is $39,000 (45% lower than the Missouri median), the median home value is $83,100, the median rent is $435/month.
Ridgeway is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Ridgeway at a glance
- Population
- 478
- Median age
- 46.5State: 39
- Median household income
- $39,000State: $70,702
- Median home value
- $83,100State: $230,300
- Median rent
- $435/moState: $1,033
- Homeowners
- 63.3%
- Bachelor's degree or higher
- 6.5%
- Average commute
- 16 min
Is Ridgeway a good place to live?
Pros: Home values 64% lower than the state median; an average commute of 16 minutes.
Cons: Median household income 45% lower than the Missouri median; a poverty rate of 34.5%.
The weather is best in May–June and August–September.
Cost of living in Ridgeway
Housing is the biggest part of the cost of living. In Ridgeway the median home value is $83,100, 75% lower than the U.S. median. Renters pay a median of $435 per month, which is 26% of household income. Homeowners with a mortgage pay $1,027 a month in housing costs.
Ridgeway median household income
The median household income in Ridgeway is $39,000 and the income per person is $23,970. 34.5% of residents live below the poverty line (Missouri: 12.6%).
Housing in Ridgeway: homes for sale and rent
- Housing units
- 209
- Owner-occupied
- 63.3%
- Renter-occupied
- 36.7%
- Vacant
- 28.2%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 3.19
Ridgeway demographics
- Population
- 478
- Median age
- 46.5
- Under 18
- 20.9%
- 65 and older
- 16.9%
- Households
- 150
- Foreign-born
- 0%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Ridgeway ›
Education in Ridgeway
6.5% of adults 25 and older in Ridgeway have a bachelor's degree or higher (Missouri: 32.4%), and 2% have a graduate or professional degree.
Jobs and commute in Ridgeway
- Unemployment rate
- 0%State: 4%
- Average commute
- 16 minState: 24 min
- Work from home
- 0%
- Drive alone
- 76.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 74.7%
Ridgeway vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ridgeway | 478 | $39,000 | $83,100 | $435 |
| Blythedale | 341 | $54,750 | $24,600 | $806 |
| Eagleville | 352 | $41,563 | $81,300 | $542 |
| Mount Moriah | 121 | $56,875 | $53,500 | — |
| Bethany | 3,080 | $48,375 | $121,700 | $700 |
| Cainsville | 212 | $41,667 | $62,000 | $538 |
| New Hampton | 213 | $24,615 | $63,600 | $865 |
| Lamoni | 2,207 | $54,554 | $113,400 | $644 |
| Gilman City | 382 | $58,438 | $68,300 | $775 |
More for people moving to Ridgeway
Ridgeway ZIP code ›Weather and climate ›Living in Ridgeway: FAQ
What is the median household income in Ridgeway, MO?
The median household income in Ridgeway is $39,000, 45% lower than the Missouri median of $70,702 (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 $83,100, compared with $230,300 in Missouri.
How much is rent in Ridgeway?
The median gross rent in Ridgeway is $435 per month, about 26% of household income.
Is Ridgeway, MO a good place to live?
Pluses: home values 64% lower than the state median; an average commute of 16 minutes. Minuses: median household income 45% lower than the Missouri median; a poverty rate of 34.5%.
What is the median age in Ridgeway?
The median age in Ridgeway is 46.5 years (Missouri: 39).
How long is the commute in Ridgeway?
The average commute to work in Ridgeway is 16 minutes; 0% of workers work from home.
What is the unemployment rate in Ridgeway?
The unemployment rate in Ridgeway is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ridgeway?
6.5% 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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