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Virginia · Census place 67208

Ridgeway town, VA

Quick answer

Ridgeway town has 1,082 residents, ranking #375 of 688 places in Virginia. Median household income is $60,938, the median home is worth $147,400 and median gross rent runs $745 a month.

Population
1,082Ridgeway town residents
Median household income
$60,938Past 12 months, inflation adjusted
Median home value
$147,400Owner-occupied units
Median gross rent
$745Rent plus utilities, monthly
Median age
35.4 yrsAll residents
Homeownership rate
79.7%Owner-occupied households

What the numbers mean in Ridgeway town

Housing cost measured against local earnings.

A household earning the Ridgeway town median would spend about 14.7% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.5% of residents and 79.7% 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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