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Illinois · Census place 64018

Ridgway village, IL

Quick answer

Ridgway village has 764 residents, ranking #787 of 1462 places in Illinois. Median household income is $42,404, the median home is worth $73,700 and median gross rent runs $732 a month.

Population
764Ridgway village residents
Median household income
$42,404Past 12 months, inflation adjusted
Median home value
$73,700Owner-occupied units
Median gross rent
$732Rent plus utilities, monthly
Median age
44.5 yrsAll residents
Homeownership rate
82.2%Owner-occupied households

What the numbers mean in Ridgway village

Housing cost measured against local earnings.

A household earning the Ridgway village median would spend about 20.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.8% of residents and 82.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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