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ZipNumbers

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

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