Tennessee · Census place 63060
Ridgely town, TN
Quick answer
Ridgely town has 1,723 residents, ranking #243 of 504 places in Tennessee. Median household income is $24,412, the median home is worth $74,500 and median gross rent runs $571 a month.
- Population
- 1,723Ridgely town residents
- Median household income
- $24,412Past 12 months, inflation adjusted
- Median home value
- $74,500Owner-occupied units
- Median gross rent
- $571Rent plus utilities, monthly
- Median age
- 34.9 yrsAll residents
- Homeownership rate
- 37.9%Owner-occupied households
What the numbers mean in Ridgely town
Housing cost measured against local earnings.
A household earning the Ridgely town median would spend about 28.1% 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 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 41.6% of residents and 37.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Tennessee.
- Loretto city 1,757
- Unionville CDP 1,751
- Burns town 1,746
- Kimball town 1,701
- Hampton CDP 1,695
- Sneedville town 1,649
- Englewood town 1,643
Keep going
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